Pembina Pipeline Balance Sheet Health
Financial Health criteria checks 2/6
Pembina Pipeline has a total shareholder equity of CA$17.0B and total debt of CA$12.7B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are CA$35.4B and CA$18.4B respectively. Pembina Pipeline's EBIT is CA$2.4B making its interest coverage ratio 4.8. It has cash and short-term investments of CA$104.0M.
Key information
74.7%
Debt to equity ratio
CA$12.72b
Debt
| Interest coverage ratio | 4.8x |
| Cash | CA$104.00m |
| Equity | CA$17.02b |
| Total liabilities | CA$18.39b |
| Total assets | CA$35.41b |
Recent financial health updates
These 4 Measures Indicate That Pembina Pipeline (TSE:PPL) Is Using Debt Reasonably Well
Aug 16
Here's Why Pembina Pipeline (TSE:PPL) Can Manage Its Debt Responsibly
May 02Recent updates
We Think Pembina Pipeline's (TSE:PPL) Robust Earnings Are Conservative
Nov 15Earnings Miss: Pembina Pipeline Corporation Missed EPS By 17% And Analysts Are Revising Their Forecasts
Nov 08Subdued Growth No Barrier To Pembina Pipeline Corporation's (TSE:PPL) Price
Aug 31These 4 Measures Indicate That Pembina Pipeline (TSE:PPL) Is Using Debt Reasonably Well
Aug 16An Intrinsic Calculation For Pembina Pipeline Corporation (TSE:PPL) Suggests It's 33% Undervalued
Jul 16Pembina 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 20Financial Position Analysis
Short Term Liabilities: PPL's short term assets (CA$1.5B) do not cover its short term liabilities (CA$2.3B).
Long Term Liabilities: PPL's short term assets (CA$1.5B) do not cover its long term liabilities (CA$16.1B).
Debt to Equity History and Analysis
Debt Level: PPL's net debt to equity ratio (74.1%) is considered high.
Reducing Debt: PPL's debt to equity ratio has increased from 56.2% to 74.7% over the past 5 years.
Debt Coverage: PPL's debt is well covered by operating cash flow (25.1%).
Interest Coverage: PPL's interest payments on its debt are well covered by EBIT (4.8x coverage).