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 $32.4B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are $71.0B and $39.3B respectively. Kinder Morgan's EBIT is $4.2B making its interest coverage ratio 2.4. It has cash and short-term investments of $83.0M.
Key information
102.1%
Debt to equity ratio
US$32.39b
Debt
Interest coverage ratio | 2.4x |
Cash | US$83.00m |
Equity | US$31.73b |
Total liabilities | US$39.29b |
Total assets | US$71.02b |
Recent financial health updates
Does Kinder Morgan (NYSE:KMI) Have A Healthy Balance Sheet?
Feb 03Kinder Morgan (NYSE:KMI) Takes On Some Risk With Its Use Of Debt
Sep 10Kinder Morgan (NYSE:KMI) Has A Somewhat Strained Balance Sheet
May 26Kinder Morgan (NYSE:KMI) Has A Somewhat Strained Balance Sheet
Feb 18Is Kinder Morgan (NYSE:KMI) Using Too Much Debt?
Oct 18Recent updates
Kinder Morgan (NYSE:KMI) Is Looking To Continue Growing Its Returns On Capital
Mar 21Kinder Morgan: Stagnation Is Okay
Mar 07Estimating The Fair Value Of Kinder Morgan, Inc. (NYSE:KMI)
Mar 05Does Kinder Morgan (NYSE:KMI) Have A Healthy Balance Sheet?
Feb 03Kinder Morgan's Stock Pullback Creates A Strong Buying Opportunity
Jan 24Kinder Morgan's Financials Are Much Stronger These Days
Jan 18Kinder Morgan: Solid Income Play But Not Exciting Enough For Me (Downgrade)
Jan 08Kinder Morgan: My Top Income Pick For 2024
Jan 02Investors Appear Satisfied With Kinder Morgan, Inc.'s (NYSE:KMI) Prospects
Dec 24Kinder Morgan: Market Sentiment Lags Behind The Fundamentals
Dec 21Kinder Morgan Provides Reliable Returns In An Uncertain World
Dec 04Kinder Morgan (NYSE:KMI) Might Have The Makings Of A Multi-Bagger
Nov 23Kinder Morgan: A 6.7% Yield And Acquisition Potential
Nov 17Kinder Morgan (NYSE:KMI) Is Paying Out A Larger Dividend Than Last Year
Oct 24Recession-Resistant High Yields: Kinder Morgan Vs. ONEOK
Oct 24Estimating The Intrinsic Value Of Kinder Morgan, Inc. (NYSE:KMI)
Oct 19The Dividend Investor's Natural Gas Export Playbook - Part 2
Oct 03Kinder Morgan: Carbon Dioxide Business Could Revalue
Sep 22Kinder Morgan (NYSE:KMI) Takes On Some Risk With Its Use Of Debt
Sep 10Kinder Morgan (NYSE:KMI) Shareholders Will Want The ROCE Trajectory To Continue
Aug 23Kinder Morgan: Get Paid 6.5% To Own America's Energy Infrastructure
Aug 21Kinder Morgan Q2 2023 Earnings: Poor Execution Leads To A Big Miss
Jul 20Estimating The Fair Value Of Kinder Morgan, Inc. (NYSE:KMI)
Jul 06Kinder Morgan: Share Price Slump Provides Income Boost
Jun 22If EPS Growth Is Important To You, Kinder Morgan (NYSE:KMI) Presents An Opportunity
Jun 09Kinder Morgan: Forget The Tech Rally, Buy This High Income Bargain
May 28Kinder Morgan (NYSE:KMI) Has A Somewhat Strained Balance Sheet
May 26Kinder Morgan's (NYSE:KMI) Returns On Capital Are Heading Higher
May 11A Look At The Intrinsic Value Of Kinder Morgan, Inc. (NYSE:KMI)
Apr 02Should You Be Adding Kinder Morgan (NYSE:KMI) To Your Watchlist Today?
Mar 06Kinder Morgan (NYSE:KMI) Has A Somewhat Strained Balance Sheet
Feb 18Kinder Morgan: Bull Case Supported
Jan 31Kinder Morgan (NYSE:KMI) Is Looking To Continue Growing Its Returns On Capital
Jan 21Kinder Morgan Q4 Earnings Preview: 6% Dividend And Near-Term Prospects
Jan 17Kinder Morgan's Midstream Positioning Should Support Shareholder Returns
Dec 21Mind The Gap In The Kinder Morgan Outlook
Dec 15Kinder Morgan, Inc. (NYSE:KMI) Shares Could Be 30% Above Their Intrinsic Value Estimate
Dec 12Kinder Morgan: The Right Oil And Gas Stock, But Is It At The Right Price?
Dec 08If EPS Growth Is Important To You, Kinder Morgan (NYSE:KMI) Presents An Opportunity
Nov 28Kinder Morgan: Time For A Breakout
Nov 14Better Buy: ONEOK's 6.3% Yield Or Kinder Morgan's 6.3%?
Oct 31Kinder Morgan (NYSE:KMI) Is Due To Pay A Dividend Of $0.2775
Oct 23Kinder Morgan declares $0.2775 dividend
Oct 19Is Kinder Morgan (NYSE:KMI) Using Too Much Debt?
Oct 18Kinder Morgan: A Buy At These Levels With A 6.6% Yield
Oct 10Kinder Morgan (NYSE:KMI) Hasn't Managed To Accelerate Its Returns
Oct 05Kinder Morgan: Ready For Growth Phase
Sep 08Kinder Morgan: Long-Term Double Digit Returns
Aug 29A Look At The Intrinsic Value Of Kinder Morgan, Inc. (NYSE:KMI)
Aug 29We Ran A Stock Scan For Earnings Growth And Kinder Morgan (NYSE:KMI) Passed With Ease
Aug 17Better Buy After Q2 Results: Western Midstream Or Kinder Morgan?
Aug 12Kinder Morgan - 6% Yield But Don't Expect Gains
Jul 31Kinder Morgan (NYSE:KMI) Has Announced That It Will Be Increasing Its Dividend To $0.2775
Jul 243 Important Takeaways From Kinder Morgan's Q2 Results
Jul 23Need To Know: Analysts Are Much More Bullish On Kinder Morgan, Inc. (NYSE:KMI) Revenues
Jul 21Financial Position Analysis
Short Term Liabilities: KMI's short term assets ($2.5B) do not cover its short term liabilities ($7.2B).
Long Term Liabilities: KMI's short term assets ($2.5B) do not cover its long term liabilities ($32.1B).
Debt to Equity History and Analysis
Debt Level: KMI's net debt to equity ratio (101.8%) is considered high.
Reducing Debt: KMI's debt to equity ratio has reduced from 106.4% to 102.1% 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 (2.4x coverage).