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 $32.0B, which brings its debt-to-equity ratio to 101%. 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 $122.0M.
Key information
101.0%
Debt to equity ratio
US$32.02b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$122.00m |
| Equity | US$31.69b |
| Total liabilities | US$39.01b |
| Total assets | US$70.70b |
Recent financial health updates
Is Kinder Morgan (NYSE:KMI) A Risky Investment?
Sep 17
These 4 Measures Indicate That Kinder Morgan (NYSE:KMI) Is Using Debt Extensively
Jun 05Does 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 18Recent updates
Is Kinder Morgan (NYSE:KMI) A Risky Investment?
Sep 17Kinder Morgan Should Benefit From AI Growth And Rate Cuts
Sep 16Kinder Morgan: Still A Great Bargain At 7x Price-To-Cash Flow
Aug 23Why Investors Shouldn't Be Surprised By Kinder Morgan, Inc.'s (NYSE:KMI) P/E
Aug 19Don't Let Kinder Morgan's Upswing Turn You Away
Aug 05Kinder Morgan (NYSE:KMI) Will Pay A Dividend Of $0.2875
Jul 22Kinder Morgan: Q2 Earnings, What The Company Stated About The Future
Jul 18Return Trends At Kinder Morgan (NYSE:KMI) Aren't Appealing
Jul 02Kinder Morgan: AI Could Be A Profit Catalyst (Rating Upgrade)
Jun 27Kinder Morgan Should Be An Indirect Beneficiary From AI
Jun 20Is Kinder Morgan, Inc. (NYSE:KMI) Expensive For A Reason? A Look At Its Intrinsic Value
Jun 19These 4 Measures Indicate That Kinder Morgan (NYSE:KMI) Is Using Debt Extensively
Jun 05Kinder Morgan: Why I Disagree With Wall Street
May 19Revenue Miss: Kinder Morgan, Inc. Fell 14% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Apr 22What Kinder Morgan, Inc.'s (NYSE:KMI) P/E Is Not Telling You
Apr 22Kinder Morgan: More Upside On The Table As Cash Flows Slated To Grow
Apr 15Kinder Morgan: Why I'm Betting On This Undervalued Energy Giant
Apr 08Kinder Morgan: 6.3% Yield + 29% Upside Potential? Here's Why It's A Buy
Mar 28Kinder 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 17Financial Position Analysis
Short Term Liabilities: KMI's short term assets ($2.2B) do not cover its short term liabilities ($6.0B).
Long Term Liabilities: KMI's short term assets ($2.2B) do not cover its long term liabilities ($33.1B).
Debt to Equity History and Analysis
Debt Level: KMI's net debt to equity ratio (100.6%) is considered high.
Reducing Debt: KMI's debt to equity ratio has reduced from 102.3% to 101% over the past 5 years.
Debt Coverage: KMI's debt is well covered by operating cash flow (20.2%).
Interest Coverage: KMI's interest payments on its debt are not well covered by EBIT (2.3x coverage).