Pembina Pipeline Balance Sheet Health
Financial Health criteria checks 2/6
Pembina Pipeline has a total shareholder equity of CA$15.8B and total debt of CA$10.5B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are CA$32.6B and CA$16.8B respectively. Pembina Pipeline's EBIT is CA$2.1B making its interest coverage ratio 4.6. It has cash and short-term investments of CA$137.0M.
Key information
66.4%
Debt to equity ratio
CA$10.50b
Debt
Interest coverage ratio | 4.6x |
Cash | CA$137.00m |
Equity | CA$15.81b |
Total liabilities | CA$16.81b |
Total assets | CA$32.62b |
Recent financial health updates
Recent updates
Getting 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$2.6B) do not cover its short term liabilities (CA$3.2B).
Long Term Liabilities: PPL's short term assets (CA$2.6B) do not cover its long term liabilities (CA$13.6B).
Debt to Equity History and Analysis
Debt Level: PPL's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: PPL's debt to equity ratio has increased from 52.2% to 66.4% 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 (4.6x coverage).