Kinetik Holdings (KNTK) Interest Coverage Ratio (2018 - 2021)
Kinetik Holdings (KNTK) recorded quarterly Interest Coverage Ratio of 1.94 in Q4 2021, down 67.7% quarter-over-quarter from 6.0 in Q3 2021, and up 100.22% on a YoY basis from 0.97 in Q4 2020.
Kinetik Holdings (KNTK) Interest Coverage Ratio (2018 - 2021) Analysis & Trends
Kinetik Holdings' Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 1.94 for Q4 2021.
- In Q4 2021, Interest Coverage Ratio rose 100.22% year-over-year to 1.94; the TTM figure through Sep 2022 stood at 40.84 (up 136.38% YoY), while the FY2021 annual figure was 5.05, up 101.08% from the prior year.
- Interest Coverage Ratio was 1.94 for Q4 2021 at Kinetik Holdings, down from 6.0 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 68.32 in Q1 2020 to a low of 4501.75 in Q4 2019.
- Historically, Interest Coverage Ratio has averaged 400.07 across 4 years, with a median of 6.0 in 2021.
- The sharpest annual moves came in 2019 and 2020: Interest Coverage Ratio slumped 19267.82% in 2019, then soared 720.32% in 2020.
- A 4-year view of Interest Coverage Ratio shows it stood at 23.49 in 2018, then plunged by 19267.82% to 4501.75 in 2019, then surged by 80.39% to 882.72 in 2020, then soared by 100.22% to 1.94 in 2021.
- The last three Interest Coverage Ratio figures came in at 1.94 (Q4 2021), 6.0 (Q3 2021), and 0.25 (Q2 2021), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Kinetik Holdings | 3.00 Bn | 7.51 Bn | 221.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 1.94 |
| Sep 30, 2021 | 6.00 |
| Jun 30, 2021 | 0.25 |
| Mar 31, 2021 | 12.15 |
| Dec 31, 2020 | -882.72 |
| Sep 30, 2020 | 45.88 |
| Jun 30, 2020 | 40.11 |
| Mar 31, 2020 | 68.32 |
| Dec 31, 2019 | -4,501.75 |
| Sep 30, 2019 | -12.61 |
| Jun 30, 2019 | -10.34 |
| Mar 31, 2019 | 8.33 |
| Dec 31, 2018 | 23.49 |