Kinetik Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Kinetik Holdings has a total shareholder equity of $3.1B and total debt of $3.4B, which brings its debt-to-equity ratio to 112.1%. Its total assets and total liabilities are $6.9B and $3.8B respectively. Kinetik Holdings's EBIT is $223.0M making its interest coverage ratio 0.9. It has cash and short-term investments of $20.5M.
Key information
112.1%
Debt to equity ratio
US$3.43b
Debt
| Interest coverage ratio | 0.9x |
| Cash | US$20.51m |
| Equity | US$3.06b |
| Total liabilities | US$3.80b |
| Total assets | US$6.86b |
Recent financial health updates
Is Kinetik Holdings (NYSE:KNTK) A Risky Investment?
Oct 04
These 4 Measures Indicate That Kinetik Holdings (NYSE:KNTK) Is Using Debt Extensively
Jun 01Recent updates
Does Kinetik Holdings (NYSE:KNTK) Deserve A Spot On Your Watchlist?
Nov 29Kinetik Holdings: An Overvalued Rapidly Growing Midstream Idea
Nov 10Kinetik Holdings Inc.'s (NYSE:KNTK) Shares May Have Run Too Fast Too Soon
Nov 08Is Kinetik Holdings (NYSE:KNTK) A Risky Investment?
Oct 04Is Now The Time To Put Kinetik Holdings (NYSE:KNTK) On Your Watchlist?
Aug 30Kinetik Holdings: Upgrading To A Strong Buy Following Q2 Earnings
Aug 15Returns On Capital Are Showing Encouraging Signs At Kinetik Holdings (NYSE:KNTK)
Jun 26These 4 Measures Indicate That Kinetik Holdings (NYSE:KNTK) Is Using Debt Extensively
Jun 01Kinetik Holdings: M&A Deals And A 7.2% Yield Spells Profits
May 22Kinetik Holdings (NYSE:KNTK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Mar 14Here'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: Growth Outlook Robust As Market Conditions Improve
Oct 05Kinetik: Starting Valuations A Plus, Economic Leverage Balances The Debate
Sep 13Financial Position Analysis
Short Term Liabilities: KNTK's short term assets ($285.9M) do not cover its short term liabilities ($398.7M).
Long Term Liabilities: KNTK's short term assets ($285.9M) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: KNTK's net debt to equity ratio (111.4%) 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 (19.6%).
Interest Coverage: KNTK's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:32 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kinetik Holdings Inc. is covered by 21 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Theresa Chen | Barclays |
| Indraneel Mitra | BofA Global Research |