Pembina Pipeline Balance Sheet Health
Financial Health criteria checks 2/6
Pembina Pipeline has a total shareholder equity of CA$16.3B and total debt of CA$10.6B, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are CA$31.8B and CA$15.5B respectively. Pembina Pipeline's EBIT is CA$2.5B making its interest coverage ratio 5.6. It has cash and short-term investments of CA$306.0M.
Key information
65.0%
Debt to equity ratio
CA$10.62b
Debt
Interest coverage ratio | 5.6x |
Cash | CA$306.00m |
Equity | CA$16.34b |
Total liabilities | CA$15.46b |
Total assets | CA$31.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPL.PFC's short term assets (CA$1.6B) do not cover its short term liabilities (CA$2.4B).
Long Term Liabilities: PPL.PFC's short term assets (CA$1.6B) do not cover its long term liabilities (CA$13.1B).
Debt to Equity History and Analysis
Debt Level: PPL.PFC's net debt to equity ratio (63.1%) is considered high.
Reducing Debt: PPL.PFC's debt to equity ratio has increased from 61.7% to 65% over the past 5 years.
Debt Coverage: PPL.PFC's debt is well covered by operating cash flow (25.6%).
Interest Coverage: PPL.PFC's interest payments on its debt are well covered by EBIT (5.6x coverage).