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 ratio2.3x
CashUS$111.00m
EquityUS$31.75b
Total liabilitiesUS$39.13b
Total assetsUS$70.88b

Recent financial health updates

Recent updates

From Pipelines To Paychecks - The Kinder Morgan Benefit

Nov 25

Subdued Growth No Barrier To Kinder Morgan, Inc.'s (NYSE:KMI) Price

Nov 19
Subdued Growth No Barrier To Kinder Morgan, Inc.'s (NYSE:KMI) Price

Is Kinder Morgan, Inc. (NYSE:KMI) Worth US$24.2 Based On Its Intrinsic Value?

Nov 03
Is Kinder Morgan, Inc. (NYSE:KMI) Worth US$24.2 Based On Its Intrinsic Value?

Kinder Morgan Is Not Done Pumping Out The Gains Just Yet

Oct 26

Kinder Morgan (NYSE:KMI) Is Paying Out A Dividend Of $0.2875

Oct 20
Kinder Morgan (NYSE:KMI) Is Paying Out A Dividend Of $0.2875

Kinder Morgan: 2 Reasons Why Taking Profits Is Prudent Today (Downgrade)

Oct 16

Kinder Morgan's (NYSE:KMI) Returns Have Hit A Wall

Oct 01
Kinder Morgan's (NYSE:KMI) Returns Have Hit A Wall

Is Kinder Morgan (NYSE:KMI) A Risky Investment?

Sep 17
Is Kinder Morgan (NYSE:KMI) A Risky Investment?

Kinder Morgan Should Benefit From AI Growth And Rate Cuts

Sep 16

Kinder Morgan: Still A Great Bargain At 7x Price-To-Cash Flow

Aug 23

Why Investors Shouldn't Be Surprised By Kinder Morgan, Inc.'s (NYSE:KMI) P/E

Aug 19
Why Investors Shouldn't Be Surprised By Kinder Morgan, Inc.'s (NYSE:KMI) P/E

Don't Let Kinder Morgan's Upswing Turn You Away

Aug 05

Kinder Morgan (NYSE:KMI) Will Pay A Dividend Of $0.2875

Jul 22
Kinder Morgan (NYSE:KMI) Will Pay A Dividend Of $0.2875

Kinder Morgan: Q2 Earnings, What The Company Stated About The Future

Jul 18

Return Trends At Kinder Morgan (NYSE:KMI) Aren't Appealing

Jul 02
Return Trends At Kinder Morgan (NYSE:KMI) Aren't Appealing

Kinder Morgan: AI Could Be A Profit Catalyst (Rating Upgrade)

Jun 27

Kinder Morgan Should Be An Indirect Beneficiary From AI

Jun 20

Is Kinder Morgan, Inc. (NYSE:KMI) Expensive For A Reason? A Look At Its Intrinsic Value

Jun 19
Is Kinder Morgan, Inc. (NYSE:KMI) Expensive For A Reason? A Look At Its Intrinsic Value

These 4 Measures Indicate That Kinder Morgan (NYSE:KMI) Is Using Debt Extensively

Jun 05
These 4 Measures Indicate That Kinder Morgan (NYSE:KMI) Is Using Debt Extensively

Kinder Morgan: Why I Disagree With Wall Street

May 19

Revenue Miss: Kinder Morgan, Inc. Fell 14% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

Apr 22
Revenue Miss: Kinder Morgan, Inc. Fell 14% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models

What Kinder Morgan, Inc.'s (NYSE:KMI) P/E Is Not Telling You

Apr 22
What Kinder Morgan, Inc.'s (NYSE:KMI) P/E Is Not Telling You

Kinder Morgan: More Upside On The Table As Cash Flows Slated To Grow

Apr 15

Kinder Morgan: Why I'm Betting On This Undervalued Energy Giant

Apr 08

Kinder Morgan: 6.3% Yield + 29% Upside Potential? Here's Why It's A Buy

Mar 28

Kinder Morgan (NYSE:KMI) Is Looking To Continue Growing Its Returns On Capital

Mar 21
Kinder Morgan (NYSE:KMI) Is Looking To Continue Growing Its Returns On Capital

Kinder Morgan: Stagnation Is Okay

Mar 07

Estimating The Fair Value Of Kinder Morgan, Inc. (NYSE:KMI)

Mar 05
Estimating The Fair Value Of Kinder Morgan, Inc. (NYSE:KMI)

Does Kinder Morgan (NYSE:KMI) Have A Healthy Balance Sheet?

Feb 03
Does Kinder Morgan (NYSE:KMI) Have A Healthy Balance Sheet?

Kinder Morgan's Stock Pullback Creates A Strong Buying Opportunity

Jan 24

Kinder Morgan's Financials Are Much Stronger These Days

Jan 18

Kinder Morgan: Solid Income Play But Not Exciting Enough For Me (Downgrade)

Jan 08

Kinder Morgan: My Top Income Pick For 2024

Jan 02

Investors Appear Satisfied With Kinder Morgan, Inc.'s (NYSE:KMI) Prospects

Dec 24
Investors Appear Satisfied With Kinder Morgan, Inc.'s (NYSE:KMI) Prospects

Kinder Morgan: Market Sentiment Lags Behind The Fundamentals

Dec 21

Kinder Morgan Provides Reliable Returns In An Uncertain World

Dec 04

Kinder Morgan: A 6.7% Yield And Acquisition Potential

Nov 17

Recession-Resistant High Yields: Kinder Morgan Vs. ONEOK

Oct 24

The Dividend Investor's Natural Gas Export Playbook - Part 2

Oct 03

Kinder Morgan: Carbon Dioxide Business Could Revalue

Sep 22

Kinder Morgan: Get Paid 6.5% To Own America's Energy Infrastructure

Aug 21

Kinder Morgan Q2 2023 Earnings: Poor Execution Leads To A Big Miss

Jul 20

Kinder Morgan: Share Price Slump Provides Income Boost

Jun 22

Kinder Morgan: Forget The Tech Rally, Buy This High Income Bargain

May 28

Financial Position Analysis

Short Term Liabilities: KMI's short term assets ($2.2B) do not cover its short term liabilities ($4.7B).

Long Term Liabilities: KMI's short term assets ($2.2B) do not cover its long term liabilities ($34.4B).


Debt to Equity History and Analysis

Debt Level: KMI's net debt to equity ratio (101.1%) is considered high.

Reducing Debt: KMI's debt to equity ratio has reduced from 103.5% to 101.4% over the past 5 years.

Debt Coverage: KMI's debt is well covered by operating cash flow (20%).

Interest Coverage: KMI's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 05:15
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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

Kinder Morgan, Inc. is covered by 44 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Ishan MajumdarBaptista Research
Richard GrossBarclays