Pembina Pipeline Balance Sheet Health
Financial Health criteria checks 3/6
Pembina Pipeline has a total shareholder equity of CA$15.9B and total debt of CA$11.2B, which brings its debt-to-equity ratio to 70.3%. Its total assets and total liabilities are CA$33.2B and CA$17.3B respectively. Pembina Pipeline's EBIT is CA$2.1B making its interest coverage ratio 4.7. It has cash and short-term investments of CA$1.7B.
Key information
70.3%
Debt to equity ratio
CA$11.20b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CA$1.70b |
| Equity | CA$15.92b |
| Total liabilities | CA$17.30b |
| Total assets | CA$33.22b |
Recent financial health updates
Here's Why Pembina Pipeline (TSE:PPL) Can Manage Its Debt Responsibly
May 02
We Think Pembina Pipeline (TSE:PPL) Is Taking Some Risk With Its Debt
Oct 06Recent updates
Pembina Pipeline (TSE:PPL) Will Pay A Larger Dividend Than Last Year At CA$0.69
May 14Here's Why Pembina Pipeline (TSE:PPL) Can Manage Its Debt Responsibly
May 02Getting In Cheap On Pembina Pipeline Corporation (TSE:PPL) Is Unlikely
Apr 14Is There An Opportunity With Pembina Pipeline Corporation's (TSE:PPL) 35% Undervaluation?
Dec 20We Think Pembina Pipeline (TSE:PPL) Is Taking Some Risk With Its Debt
Oct 06Is Pembina Pipeline Corporation (TSE:PPL) Trading At A 31% Discount?
Sep 20With EPS Growth And More, Pembina Pipeline (TSE:PPL) Makes An Interesting Case
Sep 01Financial Position Analysis
Short Term Liabilities: PPL's short term assets (CA$3.0B) exceed its short term liabilities (CA$3.0B).
Long Term Liabilities: PPL's short term assets (CA$3.0B) do not cover its long term liabilities (CA$14.4B).
Debt to Equity History and Analysis
Debt Level: PPL's net debt to equity ratio (59.6%) is considered high.
Reducing Debt: PPL's debt to equity ratio has increased from 52.4% to 70.3% over the past 5 years.
Debt Coverage: PPL's debt is well covered by operating cash flow (23.3%).
Interest Coverage: PPL's interest payments on its debt are well covered by EBIT (4.7x coverage).