Kinder Morgan Balance Sheet Health
Financial Health criteria checks 1/6
Kinder Morgan has a total shareholder equity of $32.1B and total debt of $32.2B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are $70.0B and $37.9B respectively. Kinder Morgan's EBIT is $3.9B making its interest coverage ratio 2.7. It has cash and short-term investments of $525.0M.
Key information
100.1%
Debt to equity ratio
US$32.16b
Debt
| Interest coverage ratio | 2.7x |
| Cash | US$525.00m |
| Equity | US$32.14b |
| Total liabilities | US$37.86b |
| Total assets | US$69.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2KD's short term assets ($3.8B) do not cover its short term liabilities ($6.1B).
Long Term Liabilities: 2KD's short term assets ($3.8B) do not cover its long term liabilities ($31.7B).
Debt to Equity History and Analysis
Debt Level: 2KD's net debt to equity ratio (98.5%) is considered high.
Reducing Debt: 2KD's debt to equity ratio has reduced from 104.9% to 100.1% over the past 5 years.
Debt Coverage: 2KD's debt is not well covered by operating cash flow (15%).
Interest Coverage: 2KD's interest payments on its debt are not well covered by EBIT (2.7x coverage).