Kinetik Holdings Inc. financial data

Symbol
KNTK on NYSE
Industry
Natural Gas Transmission
Location
2700 Post Oak Blvd., Suite 300, Houston, TX
State of incorporation
DE
Fiscal year end
December 31
Former names
Altus Midstream Co (to 2/22/2022), Kayne Anderson Acquisition Corp (to 11/13/2018)
Latest financial report
10-K - Q4 2024 - Mar 3, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 78.4 % -28.4%
Quick Ratio 2.5 % -15.6%
Debt-to-equity -221 % +58.5%

Shares

Label TTM Value / Value Unit Change %
Entity Public Float 1.56B USD +145%
Weighted Average Number of Shares Outstanding, Basic 59.3M shares +14.4%
Weighted Average Number of Shares Outstanding, Diluted 60.1M shares -58.9%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.48B USD +18%
General and Administrative Expense 134M USD +37%
Costs and Expenses 1.3B USD +18.8%
Operating Income (Loss) 179M USD +12.5%
Nonoperating Income (Expense) 88M USD +76.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 267M USD +74.1%
Income Tax Expense (Benefit) 23M USD
Net Income (Loss) Attributable to Parent 266M USD +23.4%
Earnings Per Share, Basic 1.03 USD/shares -80.4%
Earnings Per Share, Diluted 1.02 USD/shares -59.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 3.61M USD -20%
Accounts Receivable, after Allowance for Credit Loss, Current 112M USD -48.1%
Inventory, Net 3.6M USD +16.1%
Assets, Current 295M USD +14.6%
Deferred Income Tax Assets, Net 204M USD -13.4%
Property, Plant and Equipment, Net 3.43B USD +25.2%
Operating Lease, Right-of-Use Asset 29.8M USD -20.6%
Intangible Assets, Net (Excluding Goodwill) 652M USD +10.3%
Goodwill 5.08M USD 0%
Assets 6.81B USD +4.9%
Accounts Payable, Current 27.2M USD -19.9%
Employee-related Liabilities, Current 3.11M USD +66.2%
Accrued Liabilities, Current 187M USD +5.24%
Contract with Customer, Liability, Current 5.68M USD -12.3%
Liabilities, Current 419M USD +67.3%
Long-term Debt and Lease Obligation 3.36B USD -5.58%
Contract with Customer, Liability, Noncurrent 21M USD -18.5%
Deferred Income Tax Liabilities, Net 16.8M USD +26.6%
Operating Lease, Liability, Noncurrent 11.5M USD +22.9%
Other Liabilities, Noncurrent 2.15M USD -33.3%
Liabilities 3.84B USD -0.88%
Retained Earnings (Accumulated Deficit) -2.98B USD -311%
Stockholders' Equity Attributable to Parent -2.98B USD -461%
Liabilities and Equity 6.81B USD +4.9%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 154M USD +28.5%
Net Cash Provided by (Used in) Financing Activities -86.5M USD -171%
Net Cash Provided by (Used in) Investing Activities -62M USD +74.9%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 5.25M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.61M USD -20%
Interest Paid, Excluding Capitalized Interest, Operating Activities 57.1M USD +55.4%
Deferred Tax Assets, Valuation Allowance 0 USD
Deferred Tax Assets, Gross 204M USD -13.4%
Operating Lease, Liability 30.2M USD -21.7%
Depreciation 184M USD +16.1%
Payments to Acquire Property, Plant, and Equipment 58M USD -1.51%
Lessee, Operating Lease, Liability, to be Paid 31.9M USD -21.9%
Operating Lease, Liability, Current 18.7M USD -36%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.98M USD +12.2%
Lessee, Operating Lease, Liability, to be Paid, Year One 19.7M USD -36.3%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure -22.8%
Deferred Income Tax Expense (Benefit) 3.66M USD +908%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.74M USD -24.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 2.69M USD +243%
Deferred Tax Assets, Operating Loss Carryforwards 90.4M USD +1.86%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 812K USD +14.9%
Operating Lease, Payments 45.4M USD +21.2%
Additional Paid in Capital 0 USD -100%
Amortization of Intangible Assets 140M USD +14.6%
Depreciation, Depletion and Amortization 324M USD +15.4%