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
DateValue
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