Kinder Morgan Balance Sheet Health
Financial Health criteria checks 1/6
Kinder Morgan has a total shareholder equity of $31.7B and total debt of $32.1B, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are $70.7B and $39.0B respectively. Kinder Morgan's EBIT is $4.2B making its interest coverage ratio 2.3. It has cash and short-term investments of $119.0M.
Key information
101.3%
Debt to equity ratio
US$32.15b
Debt
Interest coverage ratio | 2.3x |
Cash | US$119.00m |
Equity | US$31.74b |
Total liabilities | US$38.99b |
Total assets | US$70.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KMI *'s short term assets ($2.3B) do not cover its short term liabilities ($4.6B).
Long Term Liabilities: KMI *'s short term assets ($2.3B) do not cover its long term liabilities ($34.4B).
Debt to Equity History and Analysis
Debt Level: KMI *'s net debt to equity ratio (100.9%) is considered high.
Reducing Debt: KMI *'s debt to equity ratio has reduced from 102% to 101.3% over the past 5 years.
Debt Coverage: KMI *'s debt is not well covered by operating cash flow (19.7%).
Interest Coverage: KMI *'s interest payments on its debt are not well covered by EBIT (2.3x coverage).