Keyera Balance Sheet Health
Financial Health criteria checks 3/6
Keyera has a total shareholder equity of CA$2.8B and total debt of CA$4.1B, which brings its debt-to-equity ratio to 146.9%. Its total assets and total liabilities are CA$8.8B and CA$6.0B respectively. Keyera's EBIT is CA$941.3M making its interest coverage ratio 4.9. It has cash and short-term investments of CA$20.1M.
Key information
146.9%
Debt to equity ratio
CA$4.08b
Debt
Interest coverage ratio | 4.9x |
Cash | CA$20.09m |
Equity | CA$2.78b |
Total liabilities | CA$6.00b |
Total assets | CA$8.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEYU.F's short term assets (CA$1.1B) exceed its short term liabilities (CA$795.2M).
Long Term Liabilities: KEYU.F's short term assets (CA$1.1B) do not cover its long term liabilities (CA$5.2B).
Debt to Equity History and Analysis
Debt Level: KEYU.F's net debt to equity ratio (146.2%) is considered high.
Reducing Debt: KEYU.F's debt to equity ratio has increased from 83.3% to 146.9% over the past 5 years.
Debt Coverage: KEYU.F's debt is well covered by operating cash flow (23.9%).
Interest Coverage: KEYU.F's interest payments on its debt are well covered by EBIT (4.9x coverage).