Kinder Morgan Balance Sheet Health
Financial Health criteria checks 2/6
Kinder Morgan has a total shareholder equity of $31.7B and total debt of $32.2B, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are $70.9B and $39.1B respectively. Kinder Morgan's EBIT is $4.3B making its interest coverage ratio 2.3. It has cash and short-term investments of $111.0M.
Key information
101.4%
Debt to equity ratio
US$32.20b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$111.00m |
| Equity | US$31.75b |
| Total liabilities | US$39.13b |
| Total assets | US$70.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2KD's short term assets ($2.2B) do not cover its short term liabilities ($4.7B).
Long Term Liabilities: 2KD's short term assets ($2.2B) do not cover its long term liabilities ($34.4B).
Debt to Equity History and Analysis
Debt Level: 2KD's net debt to equity ratio (101.1%) is considered high.
Reducing Debt: 2KD's debt to equity ratio has reduced from 103.5% to 101.4% over the past 5 years.
Debt Coverage: 2KD's debt is well covered by operating cash flow (20%).
Interest Coverage: 2KD's interest payments on its debt are not well covered by EBIT (2.3x coverage).