Kinetik Holdings (KNTK) Interest Coverage Ratio (2018 - 2021)

Kinetik Holdings (KNTK) posted Interest Coverage Ratio of 1.94 for Q4 2021, down 67.7% on a QoQ basis from 6.0 in Q3 2021, and up 100.22% year-on-year from 0.97 in Q4 2020.

Kinetik Holdings (KNTK) Interest Coverage Ratio (2018 - 2021) Analysis & Trends

Kinetik Holdings has disclosed Interest Coverage Ratio across 4 years of filings, most recently posting 1.94 for Q4 2021.

  • Interest Coverage Ratio for Q4 2021 came in at 1.94, up 100.22% year-over-year; the trailing twelve-month figure through Sep 2022 was 40.84 (up 136.38% YoY), and the FY2021 annual result was 5.05, up 101.08% from the prior year.
  • Interest Coverage Ratio came in at 1.94 for Q4 2021 at Kinetik Holdings, down from 6.0 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for KNTK reached as high as 68.32 in Q1 2020 and fell as low as 4501.75 in Q4 2019.
  • Median Interest Coverage Ratio over the past 4 years was 6.0 (2021), compared with a mean of 400.07.
  • Year-over-year, Interest Coverage Ratio sank 19267.82% in 2019 and jumped 720.32% in 2020.
  • Over 4 years, Interest Coverage Ratio stood at 23.49 in 2018, then slumped 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.
  • Per Business Quant, the three latest KNTK Interest Coverage Ratio figures stand at 1.94 (Q4 2021), 6.0 (Q3 2021), and 0.25 (Q2 2021).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 2.64
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 4.92
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 3.15
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 4.17
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 3.25
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 1.99
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 2.59
10 Kinetik Holdings 3.19 Bn 7.69 Bn 221.25 Mn -

Historic Data

Download Data
DateValue
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