Keyera Balance Sheet Health
Financial Health criteria checks 3/6
Keyera has a total shareholder equity of CA$2.8B and total debt of CA$3.7B, which brings its debt-to-equity ratio to 130.5%. Its total assets and total liabilities are CA$8.6B and CA$5.8B respectively. Keyera's EBIT is CA$990.9M making its interest coverage ratio 4.7. It has cash and short-term investments of CA$31.4M.
Key information
130.5%
Debt to equity ratio
CA$3.70b
Debt
| Interest coverage ratio | 4.7x |
| Cash | CA$31.37m |
| Equity | CA$2.84b |
| Total liabilities | CA$5.79b |
| Total assets | CA$8.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K2Y's short term assets (CA$986.4M) exceed its short term liabilities (CA$750.2M).
Long Term Liabilities: K2Y's short term assets (CA$986.4M) do not cover its long term liabilities (CA$5.0B).
Debt to Equity History and Analysis
Debt Level: K2Y's net debt to equity ratio (129.4%) is considered high.
Reducing Debt: K2Y's debt to equity ratio has increased from 90% to 130.5% over the past 5 years.
Debt Coverage: K2Y's debt is well covered by operating cash flow (31.9%).
Interest Coverage: K2Y's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 13:12 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Keyera Corp. is covered by 34 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nathan Heywood | ATB Capital Markets |
| Theresa Chen | Barclays |
| Christopher Tillett | Barclays |