NiSource Balance Sheet Health
Financial Health criteria checks 1/6
NiSource has a total shareholder equity of $10.1B and total debt of $13.9B, which brings its debt-to-equity ratio to 137.4%. Its total assets and total liabilities are $31.1B and $20.9B respectively. NiSource's EBIT is $1.3B making its interest coverage ratio 2.5. It has cash and short-term investments of $2.2B.
Key information
137.4%
Debt to equity ratio
US$13.92b
Debt
Interest coverage ratio | 2.5x |
Cash | US$2.25b |
Equity | US$10.14b |
Total liabilities | US$20.94b |
Total assets | US$31.08b |
Recent financial health updates
NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet
Aug 01NiSource (NYSE:NI) Seems To Be Using A Lot Of Debt
Oct 12NiSource (NYSE:NI) Use Of Debt Could Be Considered Risky
Jul 06These 4 Measures Indicate That NiSource (NYSE:NI) Is Using Debt Extensively
Apr 04Is NiSource (NYSE:NI) A Risky Investment?
Dec 17Recent updates
NiSource: A Less Risky Infrastructure Investment With A Growing Yield
Mar 08NiSource (NYSE:NI) Shareholders Will Want The ROCE Trajectory To Continue
Jan 08A Look At The Fair Value Of NiSource Inc. (NYSE:NI)
Dec 21NiSource: On Your Mark, Get Set, But Not Yet
Dec 13NiSource: Positioned For Solid Dividend Growth
Nov 20Calculating The Intrinsic Value Of NiSource Inc. (NYSE:NI)
Sep 18NiSource: A Stable Utility Trading At An Attractive Valuation
Sep 10NiSource (NYSE:NI) Has A Somewhat Strained Balance Sheet
Aug 01NiSource Stock Looks Fairly Valued
Jun 30NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward
Jun 19Calculating The Fair Value Of NiSource Inc. (NYSE:NI)
May 29Here's Why We Think NiSource (NYSE:NI) Might Deserve Your Attention Today
Apr 23NiSource's (NYSE:NI) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05NiSource: A Risky Bet In A Stable Industry
Feb 21Investors Met With Slowing Returns on Capital At NiSource (NYSE:NI)
Feb 11NiSource declares $0.25 dividend
Jan 26NiSource Inc.'s (NYSE:NI) Intrinsic Value Is Potentially 100% Above Its Share Price
Jan 21Here's What To Make Of NiSource's (NYSE:NI) Decelerating Rates Of Return
Nov 08NiSource Q3 2022 Earnings Preview
Nov 04NiSource (NYSE:NI) Seems To Be Using A Lot Of Debt
Oct 12With EPS Growth And More, NiSource (NYSE:NI) Makes An Interesting Case
Sep 05NiSource declares $0.235 dividend
Aug 09NiSource (NYSE:NI) Has More To Do To Multiply In Value Going Forward
Aug 09NiSource Q2 2022 Earnings Preview
Aug 02NiSource (NYSE:NI) Use Of Debt Could Be Considered Risky
Jul 06If You Like EPS Growth Then Check Out NiSource (NYSE:NI) Before It's Too Late
Jun 06NiSource's (NYSE:NI) Returns Have Hit A Wall
May 09These 4 Measures Indicate That NiSource (NYSE:NI) Is Using Debt Extensively
Apr 04NiSource Inc. (NYSE:NI) Shares Could Be 25% Above Their Intrinsic Value Estimate
Mar 14The Returns At NiSource (NYSE:NI) Aren't Growing
Jan 30Off-Radar NiSource Keeps Optionality For Electric Generation
Jan 04Is NiSource (NYSE:NI) A Risky Investment?
Dec 17Are NiSource Inc. (NYSE:NI) Investors Paying Above The Intrinsic Value?
Nov 26NiSource: Healthy Capex Pipeline In Favorable Regulatory Environments
Oct 12Financial Position Analysis
Short Term Liabilities: NI's short term assets ($4.5B) do not cover its short term liabilities ($5.3B).
Long Term Liabilities: NI's short term assets ($4.5B) do not cover its long term liabilities ($15.7B).
Debt to Equity History and Analysis
Debt Level: NI's net debt to equity ratio (115.2%) is considered high.
Reducing Debt: NI's debt to equity ratio has reduced from 155.6% to 137.4% over the past 5 years.
Debt Coverage: NI's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: NI's interest payments on its debt are not well covered by EBIT (2.5x coverage).