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
Kinetik 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 (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 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).