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 25We Think Kirby (NYSE:KEX) Can Stay On Top Of Its Debt
Dec 05Does 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 30Recent updates
Kirby: 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 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 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).