Can Kinetik Holdings cover its short-term obligations?

Its current ratio is 0.59 — current liabilities exceed current assets.

Where does Kinetik Holdings's balance sheet data come from?

Every line is extracted from Kinetik Holdings's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Kinetik Holdings KNTK Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$720K-81.8%	$3.95M-48.9%	$7.74M-27.9%	$10.73M+21.3%	$8.85M+145%
Prepaid expenses and other current assets	$30.73M-8.8%	$33.7M-23.2%	$43.91M+19.0%	$36.88M+13.3%	$32.54M-11.3%
Derivative assets	$7.53M-45.8%	$13.91M+86.3%	$7.46M-41.7%	$12.8M+460%	$2.29M-1.0%
Total current assets	$318.8M+5.5%	$302.04M-4.1%	$315.07M+0.8%	$312.63M-0.8%	$315M+6.9%
Property and equipment, net	$3.89B+0.7%	$3.87B+1.5%	$3.81B+2.1%	$3.73B+2.5%	$3.64B+6.0%
Accumulated depreciation	$1.11B+6.2%	$1.05B+6.4%	$985.35M+6.3%	$927.07M+6.5%	$870.11M+7.0%
Operating lease right-of-use assets	5.9%-7,114,699,994%	7,114,700,000%+7,114,699,994%	6.1%-0.4%	6.5%+1.0%	5.5%-2,981,399,995%
Goodwill	$5.08M0.0%	$5.08M0.0%	$5.08M0.0%	$5.08M0.0%	$5.08M0.0%
Intangible assets, net	$523.18M-5.4%	$553.23M-5.4%	$584.62M-3.8%	$607.75M-4.1%	$633.78M-2.9%
Equity method investments	$1.99B-0.9%	$2.01B-3.7%	$2.09B-0.9%	$2.11B-0.3%	$2.11B-0.3%
Total noncurrent assets	$6.79B0.0%	$6.79B-1.4%	$6.89B+0.7%	$6.84B+1.8%	$6.72B+3.0%
Total assets	$7.11B+0.2%	$7.1B-1.5%	$7.2B+0.7%	$7.15B+1.7%	$7.03B+3.2%
Accounts payable	$28.67M-31.8%	$42.07M+33.1%	$31.61M-13.6%	$36.57M-5.4%	$38.67M+42.0%
Accrued expenses	$5.1M+44.1%	$3.54M-27.7%	$4.89M+16.5%	$4.2M-7.3%	$4.53M-87.3%
Deferred revenue	——	——	$5.84M0.0%	$5.83M+15.5%	$5.05M-11.1%
Current portion of long-term debt	$187.1M+13.3%	$165.2M-7.5%	$178.6M-5.7%	$189.3M+27.2%	$148.8M—
Operating lease liabilities, current	$39.96M-8.4%	$43.61M-1.9%	$44.47M+4.7%	$42.48M+169%	$15.81M-15.5%
Contract liabilities	$30.49M-1.5%	$30.96M-6.3%	$33.03M+57.8%	$20.93M+2.8%	$20.35M-3.0%
Income taxes payable	$8.51M+66.7%	$5.11M-74.7%	$20.15M+42.2%	$14.17M+38.9%	$10.2M-34.3%
Accrued interest	$38.81M+481%	$6.68M-83.1%	$39.54M+448%	$7.21M-81.4%	$38.79M+533%
Total current liabilities	$537.07M+21.9%	$440.5M-12.7%	$504.32M+0.5%	$501.82M+5.6%	$475.32M+13.6%
Long-term debt	$3.64B+0.5%	$3.63B-8.3%	$3.96B+5.9%	$3.74B+4.7%	$3.57B+6.1%
Operating lease liabilities, non-current	$18.15M-37.5%	$29.03M-27.2%	$39.9M+4.9%	$38.05M+88.6%	$20.17M+75.5%
Other non-current liabilities	$14.82M+0.7%	$14.72M-40.6%	$24.76M+0.7%	$24.59M-4.3%	$25.7M+1,096%
Total noncurrent liabilities	$3.73B+0.2%	$3.72B-8.5%	$4.07B+6.1%	$3.84B+5.0%	$3.65B+6.9%
Total liabilities	$43.76M+695%	$5.51M-99.9%	$4.58B+5.4%	$4.34B+5.1%	$4.13B+7.7%
Additional paid-in capital	$0-100%	$240.73M+8.4%	$221.98M-23.0%	$288.3M+331%	$66.97M—
Retained earnings	-$1.67B-107%	-$806.12M+59.6%	-$2B-12.1%	-$1.78B+31.9%	-$2.62B+12.1%
Redeemable noncontrolling interests	$4.51B+29.1%	$3.5B-20.6%	$4.4B+0.6%	$4.38B-19.7%	$5.45B-8.5%
Total stockholders' equity	-$1.67B-195%	-$565.38M+68.2%	-$1.78B-13.4%	-$1.57B+38.6%	-$2.55B+14.3%
Total liabilities and stockholders' equity	$7.11B+0.2%	$7.1B-1.5%	$7.2B+0.7%	$7.15B+1.7%	$7.03B+3.2%
Allowance for Doubtful Accounts	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Allowance for Doubtful Accounts Receivable (Current)	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Accounts receivable pledged	$187.1M+13.3%	$165.2M-7.5%	$178.6M-5.7%	$189.3M+27.2%	$148.8M—
Derivatives	$7.53M-45.8%	$13.91M+86.3%	$7.46M-41.7%	$12.8M+460%	$2.29M-1.0%
Derivative Assets, Current	$7.53M-45.8%	$13.91M+86.3%	$7.46M-41.7%	$12.8M+460%	$2.29M-1.0%
Derivative Assets - Fair Value	$2.45M+67.2%	$1.47M+29.3%	$1.14M-39.2%	$1.87M+2,151%	$83K+27.7%
Capitalized Contract Costs, Net	$68.6M+11.4%	$61.6M-2.7%	$63.3M+3.4%	$61.2M-2.7%	$62.9M-2.6%
Derivative Assets, Non-Current	$2.45M+67.2%	$1.47M+29.3%	$1.14M-39.2%	$1.87M+2,151%	$83K+27.7%
Equity Method Investment Basis Difference	$191.7M-1.0%	$193.6M+393%	$39.3M-0.8%	$39.6M-1.0%	$40M-0.7%
Finite Lived Intangible Assets - Gross	——	——	——	——	——
Net Investment in Lease	$56.4M-20.7%	$71.15M-14.4%	$83.07M+4.4%	$79.56M+125%	$35.36M+18.6%
Deferred Costs And Other Assets	$95.62M+6.3%	$89.99M+5.1%	$85.66M+1.6%	$84.28M+4.4%	$80.75M+4.9%
Deferred tax assets	$225.94M+14.3%	$197.7M-15.4%	$233.58M+4.9%	$222.76M+7.2%	$207.73M+1.8%
Intangible assets — net	$523.18M-5.4%	$553.23M-5.4%	$584.62M-3.8%	$607.75M-4.1%	$633.78M-2.9%
Other intangible assets—net	$523.18M-5.4%	$553.23M-5.4%	$584.62M-3.8%	$607.75M-4.1%	$633.78M-2.9%
Operating lease right-of-use assets	$56.4M-20.7%	$71.15M-14.4%	$83.07M+4.4%	$79.56M+125%	$35.36M+18.6%
Operating Lease Right-of-Use Assets in Other Assets	$56.4M-20.7%	$71.15M-14.4%	$83.07M+4.4%	$79.56M+125%	$35.36M+18.6%
Accrued Environmental Liabilities	——	——	——	——	——
Accrued Manufacturing Costs	$5.1M+44.1%	$3.54M-27.7%	$4.89M+16.5%	$4.2M-7.3%	$4.53M+45.7%
Accrued Progress Collections and Price Adjustments	$30.49M-1.5%	$30.96M-6.3%	$33.03M+57.8%	$20.93M+2.8%	$20.35M-3.0%
Other Commercial Liabilities	$227.57M+32.3%	$172.05M-24.7%	$228.38M+4.5%	$218.63M-6.5%	$233.73M+25.2%
Accrued Liabilities, Current	$227.57M+32.3%	$172.05M-24.7%	$228.38M+4.5%	$218.63M-6.5%	$233.73M+25.2%
Derivative Liability, Current	$42.05M+664%	$5.51M+35.0%	$4.08M+26.8%	$3.22M-88.3%	$27.47M+174%
Compensation and benefits	$5.1M+44.1%	$3.54M-27.7%	$4.89M+16.5%	$4.2M-7.3%	$4.53M+45.7%
Other accrued liabilities	$11.72M-2.8%	$12.06M-29.8%	$17.19M+47.8%	$11.63M+7.2%	$10.84M-69.6%
Current Portion of Long-Term Debt and Finance Lease Obligations	$187.1M+13.3%	$165.2M-7.5%	$178.6M-5.7%	$189.3M—	——
Derivative Liabilities - Fair Value	$42.05M+664%	$5.51M+35.0%	$4.08M+26.8%	$3.22M-88.3%	$27.47M+174%
Contract Liabilities, Non-Current	$30.49M-1.5%	$30.96M-6.3%	$33.03M+57.8%	$20.93M+2.8%	$20.35M-3.0%
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$22.97M-5.8%	$24.37M-5.4%	$25.76M-5.0%	$27.12M-1.0%	$27.38M+4.6%
Derivative Liabilities (Non-Current)	$1.71M—	$0-100%	$332K—	$0-100%	$1.93M-0.2%
Long-Term Debt and Finance Lease Obligations	$3.64B+0.5%	$3.63B-8.3%	$3.96B+5.9%	$3.74B+4.7%	$3.57B+6.1%
Long-Term Debt - Fair Value	$3.88B0.0%	$3.88B-7.4%	$4.19B+5.0%	$3.99B+6.7%	$3.74B+6.3%
Deferred revenue, net of current portion	$30.49M-1.5%	$30.96M-6.3%	$33.03M+57.8%	$20.93M+2.8%	$20.35M-3.0%
Total debt	$3.89B+0.6%	$3.87B-8.4%	$4.22B+5.3%	$4.01B+6.8%	$3.75B+6.2%
Accrual for Environmental Loss Contingencies	——	——	——	——	——
Accrued capital expenditures	$20.79M+35.8%	$15.31M-26.4%	$20.81M-50.1%	$41.68M+154%	$16.41M+21.7%
Accrued product purchases	$129.72M+9.7%	$118.24M-0.3%	$118.55M-7.4%	$127.95M-10.7%	$143.3M+8.2%
Property and equipment, net capitalized	$22.8M-0.9%	$23M-0.9%	$23.2M-0.9%	$23.4M-1.3%	$23.7M-0.8%
Allowance for doubtful accounts	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Capitalized Contract Cost, Net	$68.6M+11.4%	$61.6M-2.7%	$63.3M+3.4%	$61.2M-2.7%	$62.9M-2.6%
Contract with Customer, Liability	$35.78M-2.3%	$36.63M-5.7%	$38.87M+45.2%	$26.77M+5.4%	$25.4M-4.7%
Short-term debt and current portion of long-term debt	$187.1M+13.3%	$165.2M-7.5%	$178.6M-5.7%	$189.3M+27.2%	$148.8M—
Debt Instrument, Fair Value Disclosure	$3.88B0.0%	$3.88B-7.4%	$4.19B+5.0%	$3.99B+6.7%	$3.74B+6.3%
Debt Instrument, Unamortized Discount (Premium), Net	$902K-0.4%	$906K-0.3%	$909K-0.2%	$911K+209%	-$837K-392%
Deferred income taxes	$22.22M-0.3%	$22.3M+22.5%	$18.2M0.0%	$18.19M+1.9%	$17.85M+6.5%
Derivatives	$2.45M+67.2%	$1.47M+29.3%	$1.14M-39.2%	$1.87M+2,151%	$83K+27.7%
Derivative Liability, Noncurrent	$1.71M—	$0-100%	$332K—	$0-100%	$1.93M-0.2%
Equity method investments (Note 11)	$1.99B-0.9%	$2.01B-3.7%	$2.09B-0.9%	$2.11B-0.3%	$2.11B-0.3%
Finite-Lived Intangible Assets, Accumulated Amortization	$962.52M+0.1%	$961.66M+4.0%	$924.32M+4.2%	$887.27M+4.3%	$850.53M+4.4%
Gross Carrying Amount	——	——	——	——	——
Interest in pipeline entities	——	——	——	——	——
Long-Term Debt and Lease Obligation	$3.64B+0.5%	$3.63B-8.3%	$3.96B+5.9%	$3.74B+4.7%	$3.57B+6.1%
Less: current maturities	$187.1M+13.3%	$165.2M-7.5%	$178.6M-5.7%	$189.3M—	——
Number of streams in which a segment operates	——	——	——	——	——
Operating Lease Weighted Average Discount Rate Percent	——	——	$0.06-5.6%	$0.06+18.1%	$0.05—
Other accrued liabilities	$24.64M+6.3%	$23.17M-5.2%	$24.45M+4.5%	$23.4M+14.2%	$20.49M+27.9%
Total depreciable assets, net	$3.68B-1.3%	$3.73B+3.6%	$3.6B+8.3%	$3.32B-1.0%	$3.35B+5.2%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	$3.47M-83.5%	$21.02M-48.0%	$40.42M-31.1%

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Questions, answered.

Can Kinetik Holdings cover its short-term obligations?: Its current ratio is 0.59 — current liabilities exceed current assets.
Where does Kinetik Holdings's balance sheet data come from?: Every line is extracted from Kinetik Holdings's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.