Knife River Balance Sheet Health
Financial Health criteria checks 3/6
Knife River has a total shareholder equity of $1.2B and total debt of $680.6M, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are $2.5B and $1.3B respectively. Knife River's EBIT is $302.9M making its interest coverage ratio 4.8. It has cash and short-term investments of $170.7M.
Key information
55.9%
Debt to equity ratio
US$680.61m
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$170.66m |
| Equity | US$1.22b |
| Total liabilities | US$1.30b |
| Total assets | US$2.51b |
Recent financial health updates
Recent updates
We Think Knife River (NYSE:KNF) Can Stay On Top Of Its Debt
Apr 18
Watch For Flying Knives: Knife River Looks Quite Good, But Valuation Isn't Low
Apr 15Earnings Beat: Knife River Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 18Knife River Corporation's (NYSE:KNF) Intrinsic Value Is Potentially 20% Below Its Share Price
Jan 18Knife River Corporation: A Pure-Play For The Infrastructure Boom
Dec 29Knife River Corporation: An Appealing New Option In The Aggregates Business
Oct 08Are Investors Undervaluing Knife River Corporation (NYSE:KNF) By 46%?
Aug 25Financial Position Analysis
Short Term Liabilities: KNF's short term assets ($817.8M) exceed its short term liabilities ($297.2M).
Long Term Liabilities: KNF's short term assets ($817.8M) do not cover its long term liabilities ($997.8M).
Debt to Equity History and Analysis
Debt Level: KNF's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: Insufficient data to determine if KNF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KNF's debt is well covered by operating cash flow (54.6%).
Interest Coverage: KNF's interest payments on its debt are well covered by EBIT (4.8x coverage).