Keyera Balance Sheet Health
Financial Health criteria checks 3/6
Keyera has a total shareholder equity of CA$2.8B and total debt of CA$3.7B, which brings its debt-to-equity ratio to 130.5%. Its total assets and total liabilities are CA$8.6B and CA$5.8B respectively. Keyera's EBIT is CA$990.9M making its interest coverage ratio 4.7. It has cash and short-term investments of CA$31.4M.
Key information
130.5%
Debt to equity ratio
CA$3.70b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CA$31.37m |
| Equity | CA$2.84b |
| Total liabilities | CA$5.79b |
| Total assets | CA$8.63b |
Recent financial health updates
Keyera (TSE:KEY) Has A Somewhat Strained Balance Sheet
Jul 14
Does Keyera (TSE:KEY) Have A Healthy Balance Sheet?
Apr 14Is Keyera (TSE:KEY) Using Too Much Debt?
May 02Is Keyera (TSE:KEY) A Risky Investment?
Sep 21Recent updates
Keyera Corp. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Nov 17The Return Trends At Keyera (TSE:KEY) Look Promising
Nov 12Investors Still Waiting For A Pull Back In Keyera Corp. (TSE:KEY)
Oct 11Keyera Corp. (TSE:KEY) Shares Could Be 29% Below Their Intrinsic Value Estimate
Aug 26The Return Trends At Keyera (TSE:KEY) Look Promising
Jul 30Keyera (TSE:KEY) Has A Somewhat Strained Balance Sheet
Jul 14Estimating The Fair Value Of Keyera Corp. (TSE:KEY)
May 08Getting In Cheap On Keyera Corp. (TSE:KEY) Might Be Difficult
Apr 26Does Keyera (TSE:KEY) Have A Healthy Balance Sheet?
Apr 14Should You Be Adding Keyera (TSE:KEY) To Your Watchlist Today?
Mar 21Keyera's (TSE:KEY) Earnings Offer More Than Meets The Eye
Feb 21A Look At The Fair Value Of Keyera Corp. (TSE:KEY)
Jan 26The Returns At Keyera (TSE:KEY) Aren't Growing
Dec 30Are Investors Undervaluing Keyera Corp. (TSE:KEY) By 22%?
Oct 23The Returns At Keyera (TSE:KEY) Aren't Growing
Sep 25Calculating The Fair Value Of Keyera Corp. (TSE:KEY)
May 20Is Keyera (TSE:KEY) Using Too Much Debt?
May 02Keyera (TSE:KEY) Is Looking To Continue Growing Its Returns On Capital
Apr 04Keyera (TSE:KEY) Has Announced A Dividend Of CA$0.16
Mar 14Keyera's (TSE:KEY) Dividend Will Be CA$0.16
Feb 13Estimating The Fair Value Of Keyera Corp. (TSE:KEY)
Feb 07Keyera's (TSE:KEY) Dividend Will Be CA$0.16
Dec 16Keyera (TSE:KEY) Is Paying Out A Dividend Of CA$0.16
Nov 16Returns At Keyera (TSE:KEY) Are On The Way Up
Oct 30Keyera's (TSE:KEY) Dividend Will Be CA$0.16
Oct 16Is Keyera (TSE:KEY) A Risky Investment?
Sep 21An Intrinsic Calculation For Keyera Corp. (TSE:KEY) Suggests It's 26% Undervalued
Sep 05Keyera (TSE:KEY) Is Due To Pay A Dividend Of CA$0.16
Aug 09Growth Investors: Industry Analysts Just Upgraded Their Keyera Corp. (TSE:KEY) Revenue Forecasts By 12%
Aug 06Keyera (TSE:KEY) Is Paying Out A Dividend Of CA$0.16
Jul 16Returns On Capital At Keyera (TSE:KEY) Have Hit The Brakes
Jun 30Keyera (TSE:KEY) Has Announced A Dividend Of CA$0.16
Jun 16Financial Position Analysis
Short Term Liabilities: KEY's short term assets (CA$986.4M) exceed its short term liabilities (CA$750.2M).
Long Term Liabilities: KEY's short term assets (CA$986.4M) do not cover its long term liabilities (CA$5.0B).
Debt to Equity History and Analysis
Debt Level: KEY's net debt to equity ratio (129.4%) is considered high.
Reducing Debt: KEY's debt to equity ratio has increased from 90% to 130.5% over the past 5 years.
Debt Coverage: KEY's debt is well covered by operating cash flow (31.9%).
Interest Coverage: KEY's interest payments on its debt are well covered by EBIT (4.7x coverage).