Kinder Morgan Inc (KMI)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 71,407,000 | 71,020,000 | 70,078,000 | 70,416,000 | 71,973,000 |
| Total stockholders’ equity | US$ in thousands | 30,531,000 | 30,306,000 | 30,742,000 | 30,823,000 | 31,436,000 |
| Financial leverage ratio | 2.34 | 2.34 | 2.28 | 2.28 | 2.29 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $71,407,000K ÷ $30,531,000K
= 2.34
The financial leverage ratio of Kinder Morgan Inc has shown a relatively stable trend over the past five years, ranging from 2.28 to 2.34. This ratio indicates that the company is utilizing a moderate level of financial leverage to support its operations and growth. A ratio above 1 signifies that the company has more debt than equity in its capital structure. Kinder Morgan's consistent financial leverage ratio suggests that it has maintained a balanced approach to financing its activities through a combination of debt and equity. This stability in the financial leverage ratio implies a disciplined capital structure management by the company, which can be beneficial in maintaining financial stability and optimizing shareholder returns.
Peer comparison
Dec 31, 2024