NiSource Balance Sheet Health
Financial Health criteria checks 1/6
NiSource has a total shareholder equity of $10.3B and total debt of $12.3B, which brings its debt-to-equity ratio to 119.5%. Its total assets and total liabilities are $30.8B and $20.5B respectively. NiSource's EBIT is $1.4B making its interest coverage ratio 2.5. It has cash and short-term investments of $126.2M.
Key information
119.5%
Debt to equity ratio
US$12.34b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$126.20m |
| Equity | US$10.33b |
| Total liabilities | US$20.50b |
| Total assets | US$30.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K87's short term assets ($1.6B) do not cover its short term liabilities ($3.5B).
Long Term Liabilities: 0K87's short term assets ($1.6B) do not cover its long term liabilities ($17.0B).
Debt to Equity History and Analysis
Debt Level: 0K87's net debt to equity ratio (118.3%) is considered high.
Reducing Debt: 0K87's debt to equity ratio has reduced from 160.8% to 119.5% over the past 5 years.
Debt Coverage: 0K87's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: 0K87's interest payments on its debt are not well covered by EBIT (2.5x coverage).