Knife River Balance Sheet Health
Financial Health criteria checks 3/6
Knife River has a total shareholder equity of $1.3B and total debt of $679.5M, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are $2.7B and $1.4B respectively. Knife River's EBIT is $325.4M making its interest coverage ratio 5.9. It has cash and short-term investments of $57.2M.
Key information
52.3%
Debt to equity ratio
US$679.54m
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$57.17m |
| Equity | US$1.30b |
| Total liabilities | US$1.38b |
| Total assets | US$2.68b |
Recent financial health updates
These 4 Measures Indicate That Knife River (NYSE:KNF) Is Using Debt Reasonably Well
Jul 30
We Think Knife River (NYSE:KNF) Can Stay On Top Of Its Debt
Apr 18Recent updates
Should You Be Adding Knife River (NYSE:KNF) To Your Watchlist Today?
Oct 18Knife River (NYSE:KNF) Shareholders Will Want The ROCE Trajectory To Continue
Aug 17These 4 Measures Indicate That Knife River (NYSE:KNF) Is Using Debt Reasonably Well
Jul 30Do Knife River's (NYSE:KNF) Earnings Warrant Your Attention?
Jul 12Knife River Corporation (NYSE:KNF) Shares Could Be 42% Below Their Intrinsic Value Estimate
Jun 19We Think Knife River (NYSE:KNF) Can Stay On Top Of Its Debt
Apr 18Watch 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 ($949.7M) exceed its short term liabilities ($378.3M).
Long Term Liabilities: KNF's short term assets ($949.7M) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: KNF's net debt to equity ratio (47.9%) 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 (46.6%).
Interest Coverage: KNF's interest payments on its debt are well covered by EBIT (5.9x coverage).