Kinetik Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Kinetik Holdings has a total shareholder equity of $2.7B and total debt of $3.5B, which brings its debt-to-equity ratio to 132.7%. Its total assets and total liabilities are $6.4B and $3.8B respectively. Kinetik Holdings's EBIT is $182.9M making its interest coverage ratio 1. It has cash and short-term investments of $9.8M.
Key information
132.7%
Debt to equity ratio
US$3.52b
Debt
| Interest coverage ratio | 1x |
| Cash | US$9.76m |
| Equity | US$2.65b |
| Total liabilities | US$3.80b |
| Total assets | US$6.45b |
Recent financial health updates
Recent updates
Kinetik Holdings (NYSE:KNTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 14
Here's Why We Think Kinetik Holdings (NYSE:KNTK) Might Deserve Your Attention Today
Mar 11Kinetik Holdings: Hold This Stock For Solid Dividend Yield
Dec 30Kinetik Holdings (NYSE:KNTK) Is Paying Out A Dividend Of $0.75
Nov 05Kinetik Holdings' (NYSE:KNTK) Returns On Capital Are Heading Higher
Oct 11Kinetik Holdings: Growth Outlook Robust As Market Conditions Improve
Oct 05Kinetik: Starting Valuations A Plus, Economic Leverage Balances The Debate
Sep 13Kinetik Holdings: GCX Sale A Key Trigger In 2023
Jun 14A Look At The Fair Value Of Kinetik Holdings Inc. (NYSE:KNTK)
Jun 13What You Need To Know About The Kinetik Holdings Inc. (NYSE:KNTK) Analyst Downgrade Today
May 14Kinetik Holdings (NYSE:KNTK) Is Looking To Continue Growing Its Returns On Capital
Feb 22Kinetik Holdings: Almost Too Cheap
Jan 17Kinetik reports Q3 earnings beat; reaffirms FY22 guidance
Nov 10Kinetik Holdings: A High Yielding Energy Play
Oct 26Kinetik declares $0.75 dividend
Oct 19Kinetik Holdings: Better Than Expected Cash Flow Performance Raises Hopes
Oct 01Financial Position Analysis
Short Term Liabilities: KNTK's short term assets ($257.3M) exceed its short term liabilities ($234.0M).
Long Term Liabilities: KNTK's short term assets ($257.3M) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: KNTK's net debt to equity ratio (132.3%) is considered high.
Reducing Debt: Insufficient data to determine if KNTK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KNTK's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: KNTK's interest payments on its debt are not well covered by EBIT (1x coverage).