Kinetik Holdings (KNTK) Interest Expenses (2018 - 2021)
Kinetik Holdings (KNTK) posted Interest Expenses of $2.7 million for Q4 2021, up 1.38% on a QoQ basis from $2.7 million in Q3 2021, and up 123.68% year-over-year from $1.2 million in Q4 2020.
Analysis
Kinetik Holdings (KNTK) Interest Expenses (2018 - 2021) Analysis & Trends
Kinetik Holdings has reported Interest Expenses for 4 years, with the latest figure at $2.7 million in Q4 2021.
- On a quarterly basis, Interest Expenses rose 123.68% year-over-year to $2.7 million in Q4 2021; TTM through Dec 2021 was $10.6 million, a 383.93% increase from a year earlier, with the FY2021 full-year figure at $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.
- The five-year high for Interest Expenses was $2.7 million in Q4 2021, with the low at $107000.0 in Q4 2018.
- Average Interest Expenses over 4 years is $1.1 million, with a median of $508000.0 recorded in 2019.
- The sharpest annual moves came in 2020 and 2021: Interest Expenses sank 46.26% in 2020, then soared 851.65% in 2021.
- Over 4 years, Interest Expenses stood at $107000.0 in 2018, then jumped by 165.42% to $284000.0 in 2019, then soared by 326.76% to $1.2 million in 2020, then jumped 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 384.00 Mn |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 934.00 Mn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 620.99 Mn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 289.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 434.00 Mn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.01 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 154.00 Mn |
| 10 | Kinetik Holdings | 8.84 Bn | 12.92 Bn | 343.85 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | 2.71 Mn |
| Sep 30, 2021 | 2.67 Mn |
| Jun 30, 2021 | 2.62 Mn |
| Mar 31, 2021 | 2.60 Mn |
| Dec 31, 2020 | 1.21 Mn |
| Sep 30, 2020 | 413,000.00 |
| Jun 30, 2020 | 292,000.00 |
| Mar 31, 2020 | 273,000.00 |
| Dec 31, 2019 | 284,000.00 |
| Sep 30, 2019 | 522,000.00 |
| Jun 30, 2019 | 478,000.00 |
| Mar 31, 2019 | 508,000.00 |
| Dec 31, 2018 | 107,000.00 |