Kinetik Holdings (KNTK) Interest Expenses (2018 - 2021)
Kinetik Holdings (KNTK) recorded quarterly Interest Expenses of $2.7 million in Q4 2021, up 1.38% quarter-over-quarter from $2.7 million in Q3 2021, and up 123.68% on a YoY basis from $1.2 million in Q4 2020.
Kinetik Holdings (KNTK) Interest Expenses (2018 - 2021) Analysis & Trends
Kinetik Holdings' Interest Expenses history runs 4 years deep, the most recent figure standing at $2.7 million for Q4 2021.
- In Q4 2021, Interest Expenses rose 123.68% year-over-year to $2.7 million; the TTM figure through Sep 2022 stood at $2.7 million (down 70.21% YoY), while the FY2021 annual figure was $10.6 million, up 383.93% from the prior year.
- Interest Expenses was $2.7 million for Q4 2021 at Kinetik Holdings, up from $2.7 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $2.7 million in Q4 2021 to a low of $107000.0 in Q4 2018.
- Historically, Interest Expenses has averaged $1.1 million across 4 years, with a median of $508000.0 in 2019.
- The sharpest annual moves came in 2020 and 2021: Interest Expenses slumped 46.26% in 2020, then surged 851.65% in 2021.
- A 4-year view of Interest Expenses shows it stood at $107000.0 in 2018, then soared by 165.42% to $284000.0 in 2019, then surged by 326.76% to $1.2 million in 2020, then soared by 123.68% to $2.7 million in 2021.
- The last three Interest Expenses figures came in at $2.7 million (Q4 2021), $2.7 million (Q3 2021), and $2.6 million (Q2 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 891.09 Mn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 385.00 Mn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 947.00 Mn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -12.23 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 291.00 Mn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 439.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 626.02 Mn |
| 10 | Kinetik Holdings | 3.00 Bn | 7.51 Bn | 221.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 2.71 Mn |
| Dec 31, 2021 | 2.71 Mn |
| Sep 30, 2021 | 2.67 Mn |
| Sep 30, 2021 | 2.67 Mn |
| Jun 30, 2021 | 2.62 Mn |
| Jun 30, 2021 | 2.62 Mn |
| Mar 31, 2021 | 2.60 Mn |
| Mar 31, 2021 | 2.60 Mn |
| Dec 31, 2020 | 1.21 Mn |
| Dec 31, 2020 | 1.21 Mn |
| Sep 30, 2020 | 413,000.00 |
| Sep 30, 2020 | 413,000.00 |
| Jun 30, 2020 | 292,000.00 |
| Jun 30, 2020 | 292,000.00 |
| Mar 31, 2020 | 273,000.00 |
| Mar 31, 2020 | 273,000.00 |
| Dec 31, 2019 | 284,000.00 |
| Dec 31, 2019 | 284,000.00 |
| Sep 30, 2019 | 522,000.00 |
| Sep 30, 2019 | 522,000.00 |