Kinetik Balance Sheet
NYSE: KNTKUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Kinetik financial position
At the end of fiscal 2025, Kinetik reported total assets of $7.10 billion, up 4.1% from a year earlier against total liabilities of $4.17 billion. Shareholders' equity was negative at -$565.4 million, meaning liabilities exceed assets; this is often the result of large share buybacks or accumulated losses. The company held $4.0 million in cash and equivalents against $3.79 billion of debt, a net debt position of $3.79 billion.
The current ratio (current assets divided by current liabilities) was 0.69, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
Kinetik balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 3.95M | 3.61M | 4.51M | 6.39M | 18.73M | 24.19M | 5.98M | 449.94M | 0 | 0 |
| Receivables | 85.28M | 111.94M | 215.72M | 204.04M | 178.11M | — | 15.46M | 10.91M | 5.42M | — |
| Inventory | 4.60M | 3.60M | 3.10M | 4.80M | 2.10M | 3.60M | 4.03M | 5.80M | 743.00K | — |
| Total Current Assets | 302.04M | 294.76M | 257.30M | 241.87M | 217.52M | 42.77M | 31.74M | 468.03M | 6.17M | 7.50K |
| Property, Plant & Equipment | 3.87B | 3.43B | 2.74B | 2.54B | 1.84B | 195.84M | 205.80M | 1.23B | 699.59M | — |
| Goodwill | 5.08M | 5.08M | 5.08M | 5.08M | 0 | — | — | — | — | — |
| Intangible Assets | 553.23M | 652.49M | 591.67M | 695.39M | 786.05M | — | — | — | — | — |
| Total Assets | 7.10B | 6.81B | 6.50B | 5.92B | 3.55B | 1.80B | 1.50B | 1.86B | 705.75M | 45.73K |
| Accounts Payable | 42.07M | 27.24M | 34.00M | 17.90M | 12.22M | — | — | — | — | — |
| Short-Term Debt | 165.20M | 140.20M | 0 | 0 | 54.28M | 0 | 9.77M | 0 | — | — |
| Total Current Liabilities | 440.50M | 418.55M | 250.14M | 227.83M | 240.93M | 29.98M | 33.69M | 98.52M | 124.47M | 23.11K |
| Long-Term Debt | 3.63B | 3.36B | 3.56B | 3.37B | 2.25B | 624.00M | 396.00M | 0 | — | — |
| Total Liabilities | 4.17B | 3.84B | 3.87B | 3.65B | 2.55B | 863.48M | 597.33M | 130.53M | 149.70M | 23.11K |
| Shareholders' Equity | -565.38M | -2.98B | -530.82M | -839.77M | 10.00K | 10.00K | 9.00K | -226.98M | 556.07M | 59.34M |
| Retained Earnings | -806.12M | -2.98B | -723.52M | -958.63M | 0 | -369.43M | -392.63M | -213.75M | -18.57M | -2.38K |
| Total Debt | 3.79B | 3.50B | 3.56B | 3.37B | 2.31B | 624.00M | 405.77M | 0 | — | — |
| Net Cash (Debt) | -3.79B | -3.50B | -3.56B | -3.36B | -2.29B | -599.81M | -399.78M | 449.94M | 0 | 0 |
This table shows 10 annual periods of Kinetik's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow KNTK's reporting calendar. What is a balance sheet?