Kirby Balance Sheet Health
Financial Health criteria checks 5/6
Kirby has a total shareholder equity of $3.2B and total debt of $1.0B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are $5.7B and $2.5B respectively. Kirby's EBIT is $334.9M making its interest coverage ratio 6.4. It has cash and short-term investments of $32.6M.
Key information
31.9%
Debt to equity ratio
US$1.02b
Debt
| Interest coverage ratio | 6.4x |
| Cash | US$32.58m |
| Equity | US$3.19b |
| Total liabilities | US$2.54b |
| Total assets | US$5.72b |
Recent financial health updates
We Think Kirby (NYSE:KEX) Can Stay On Top Of Its Debt
Dec 05
Does Kirby (NYSE:KEX) Have A Healthy Balance Sheet?
Jul 22Is Kirby (NYSE:KEX) A Risky Investment?
Apr 11Here's Why Kirby (NYSE:KEX) Can Manage Its Debt Responsibly
Nov 30Is Kirby (NYSE:KEX) A Risky Investment?
Aug 17Kirby (NYSE:KEX) Has A Somewhat Strained Balance Sheet
Apr 29Recent updates
Investors 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 29The Return Trends At Kirby (NYSE:KEX) Look Promising
Dec 17We Think Kirby (NYSE:KEX) Can Stay On Top Of Its Debt
Dec 05With EPS Growth And More, Kirby (NYSE:KEX) Makes An Interesting Case
Nov 23Are Investors Undervaluing Kirby Corporation (NYSE:KEX) By 20%?
Nov 11Kirby: Takes On A Little Water With Sluggish Sequential Guidance (Rating Downgrade)
Oct 31Kirby's (NYSE:KEX) Returns On Capital Are Heading Higher
Sep 13Why Kirby Corporation (NYSE:KEX) Could Be Worth Watching
Aug 23Kirby Corporation: Pricey For Now And Not For The Right Reasons
Aug 21Is Kirby Corporation (NYSE:KEX) Trading At A 24% Discount?
Aug 08Kirby Corporation: Wait For Better Price Levels
Aug 08Does Kirby (NYSE:KEX) Have A Healthy Balance Sheet?
Jul 22Returns At Kirby (NYSE:KEX) Appear To Be Weighed Down
Jun 05Is Now An Opportune Moment To Examine Kirby Corporation (NYSE:KEX)?
May 18Is There An Opportunity With Kirby Corporation's (NYSE:KEX) 32% Undervaluation?
Apr 29Is Kirby (NYSE:KEX) A Risky Investment?
Apr 11Returns At Kirby (NYSE:KEX) Appear To Be Weighed Down
Mar 06Kirby Q4 2022 Earnings Preview
Jan 30Kirby Corporation's (NYSE:KEX) Intrinsic Value Is Potentially 51% Above Its Share Price
Jan 24Is It Time To Consider Buying Kirby Corporation (NYSE:KEX)?
Jan 05Here's Why Kirby (NYSE:KEX) Can Manage Its Debt Responsibly
Nov 30Kirby Non-GAAP EPS of $0.65 beats by $0.06, revenue of $745.84M beats by $16.26M
Oct 24Some Investors May Be Worried About Kirby's (NYSE:KEX) Returns On Capital
Oct 05Kirby Corporation: Slow Growth, Rich Valuation
Aug 24Is Kirby (NYSE:KEX) A Risky Investment?
Aug 17Kirby Q2 2022 Earnings Preview
Jul 27An Intrinsic Calculation For Kirby Corporation (NYSE:KEX) Suggests It's 50% Undervalued
Jul 27Kirby (NYSE:KEX) Has A Somewhat Strained Balance Sheet
Apr 29Anchors Away For Kirby, As Chemical And Refinery Activity Drives More Barging Demand
Apr 08Kirby Still Not A Buy
Feb 02Kirby (NYSE:KEX) Has A Somewhat Strained Balance Sheet
Jan 13Kirby Corporation: Even More Expensive
Nov 18An Intrinsic Calculation For Kirby Corporation (NYSE:KEX) Suggests It's 30% Undervalued
Nov 02Financial Position Analysis
Short Term Liabilities: KEX's short term assets ($1.1B) exceed its short term liabilities ($675.8M).
Long Term Liabilities: KEX's short term assets ($1.1B) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: KEX's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: KEX's debt to equity ratio has reduced from 43.8% to 31.9% over the past 5 years.
Debt Coverage: KEX's debt is well covered by operating cash flow (53.1%).
Interest Coverage: KEX's interest payments on its debt are well covered by EBIT (6.4x coverage).