Kirby Balance Sheet Health
Financial Health criteria checks 5/6
Kirby has a total shareholder equity of $3.3B and total debt of $978.6M, which brings its debt-to-equity ratio to 29.6%. Its total assets and total liabilities are $5.9B and $2.6B respectively. Kirby's EBIT is $447.7M making its interest coverage ratio 8.7. It has cash and short-term investments of $67.1M.
Key information
29.6%
Debt to equity ratio
US$978.59m
Debt
| Interest coverage ratio | 8.7x |
| Cash | US$67.07m |
| Equity | US$3.30b |
| Total liabilities | US$2.57b |
| Total assets | US$5.87b |
Recent financial health updates
Is Kirby (NYSE:KEX) A Risky Investment?
Oct 20
Does Kirby (NYSE:KEX) Have A Healthy Balance Sheet?
Apr 25Recent updates
Kirby Corporation's (NYSE:KEX) Subdued P/E Might Signal An Opportunity
Dec 23Does Kirby (NYSE:KEX) Deserve A Spot On Your Watchlist?
Nov 26Kirby: A Market Leader With Encouraging Growth Prospects
Nov 14Is There An Opportunity With Kirby Corporation's (NYSE:KEX) 44% Undervaluation?
Nov 13Is Kirby (NYSE:KEX) A Risky Investment?
Oct 20Kirby (NYSE:KEX) Is Doing The Right Things To Multiply Its Share Price
Oct 06Is Kirby Corporation (NYSE:KEX) Potentially Undervalued?
Sep 22Kirby Stock: Favorable Coastal Supply/Demand Dynamics Driving Strong Earnings Growth
Aug 26Why We're Not Concerned About Kirby Corporation's (NYSE:KEX) Share Price
Aug 05If EPS Growth Is Important To You, Kirby (NYSE:KEX) Presents An Opportunity
Jul 11Kirby (NYSE:KEX) Is Looking To Continue Growing Its Returns On Capital
Jun 28When Should You Buy Kirby Corporation (NYSE:KEX)?
Jun 15Kirby Up Strongly On A Multiyear Pricing And Margin Expansion Opportunity
Jun 13Is There An Opportunity With Kirby Corporation's (NYSE:KEX) 42% Undervaluation?
Jun 02Does Kirby (NYSE:KEX) Have A Healthy Balance Sheet?
Apr 25Investors Appear Satisfied With Kirby Corporation's (NYSE:KEX) Prospects
Apr 01With EPS Growth And More, Kirby (NYSE:KEX) Makes An Interesting Case
Mar 20Is Kirby Corporation (NYSE:KEX) Potentially Undervalued?
Mar 08Kirby Corporation (NYSE:KEX) Shares Could Be 36% Below Their Intrinsic Value Estimate
Feb 25Kirby: Barging Market Leader Poised For Higher Earnings And Share Prices
Feb 05Kirby Corporation (NYSE:KEX) Not Lagging Market On Growth Or Pricing
Dec 29Kirby: Takes On A Little Water With Sluggish Sequential Guidance (Rating Downgrade)
Oct 31Kirby Corporation: Pricey For Now And Not For The Right Reasons
Aug 21Kirby Corporation: Wait For Better Price Levels
Aug 08Kirby Q4 2022 Earnings Preview
Jan 30Financial Position Analysis
Short Term Liabilities: KEX's short term assets ($1.2B) exceed its short term liabilities ($698.0M).
Long Term Liabilities: KEX's short term assets ($1.2B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: KEX's net debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: KEX's debt to equity ratio has reduced from 42.5% to 29.6% over the past 5 years.
Debt Coverage: KEX's debt is well covered by operating cash flow (74.1%).
Interest Coverage: KEX's interest payments on its debt are well covered by EBIT (8.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 20:55 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kirby Corporation is covered by 25 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Sterling | Benchmark Company |
| Kenneth Hoexter | BofA Global Research |
| Gregory Lewis | BTIG |