Kinetik Holdings Inc (KNTK)
Interest coverage
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 477,065 | 353,204 | 393,020 | 107,343 | -1,031,220 |
| Interest expense | US$ in thousands | 243,866 | 199,660 | 149,252 | 117,365 | 135,516 |
| Interest coverage | 1.96 | 1.77 | 2.63 | 0.91 | -7.61 |
December 31, 2024 calculation
Interest coverage = EBIT ÷ Interest expense
= $477,065K ÷ $243,866K
= 1.96