For the quarter ending 2025-09-30, KNTK has $7,202,073K in assets. $4,576,877K in debts. $7,737K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 7,737 | 10,733 | ||
| Accounts receivable, net of allowance for credit losses of 1,000 in 2025 and 2024 | 77,362 | 62,913 | ||
| Accounts receivable pledged | 178,600 | 189,300 | ||
| Derivative assets | 7,463 | 12,799 | ||
| Prepaid and other current assets | 43,908 | 36,884 | ||
| Current assets | 315,070 | 312,629 | ||
| Property, plant and equipment, net | 3,808,365 | 3,731,821 | ||
| Intangible assets, net | 584,619 | 607,752 | ||
| Derivative asset, non-current | 1,135 | 1,868 | ||
| Operating lease right-of-use assets | 83,071 | 79,561 | ||
| Deferred tax assets | 233,576 | 222,761 | ||
| Deferred charges and other assets | 85,661 | 84,276 | ||
| Investments in unconsolidated affiliates | 2,085,499 | 2,105,252 | ||
| Goodwill | 5,077 | 5,077 | ||
| Noncurrent assets | 6,887,003 | 6,838,368 | ||
| Total assets | 7,202,073 | 7,150,997 | ||
| Accounts payable | 31,610 | 36,573 | ||
| Accrued expenses | 228,378 | 218,625 | ||
| Derivative liabilities | 4,078 | 3,215 | ||
| Current portion of operating lease liabilities | 44,472 | 42,483 | ||
| Current debt obligations | 178,600 | 189,300 | ||
| Other current liabilities | 17,185 | 11,627 | ||
| Current liabilities | 504,323 | 501,823 | ||
| Long term debt, net | 3,956,330 | 3,736,972 | ||
| Contract liabilities | 33,030 | 20,932 | ||
| Operating lease liabilities | 39,900 | 38,046 | ||
| Derivative liabilities | 332 | 0 | ||
| Other liabilities | 24,762 | 24,585 | ||
| Deferred tax liabilities | 18,200 | 18,193 | ||
| Noncurrent liabilities | 4,072,554 | 3,838,728 | ||
| Total liabilities | 4,576,877 | 4,340,551 | ||
| Redeemable noncontrolling interest common unit limited partners | 4,400,882 | 4,376,104 | ||
| Common stock-Common Class A | 6 | 6 | ||
| Common stock-Common Class C | 10 | 9 | ||
| Deferred consideration | 0 | 1 | ||
| Treasury stock at cost, (1,652,929 and nil shares as of june 30, 2025 and december 31, 2024, respectively) | - | 72,554 | ||
| Additional paid-in capital | 221,979 | 288,295 | ||
| Accumulated deficit | -1,997,681 | -1,781,415 | ||
| Total equity | -1,775,686 | -1,565,658 | ||
| Total liabilities, noncontrolling interest and equity | 7,202,073 | 7,150,997 | ||
Kinetik Holdings Inc. (KNTK)
Kinetik Holdings Inc. (KNTK)