Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kinder Morgan's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $30,372 Mil. Kinder Morgan's Total Assets for the quarter that ended in Mar. 2024 was $70,736 Mil.
Therefore, Kinder Morgan's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.43.
The historical rank and industry rank for Kinder Morgan's Equity-to-Asset or its related term are showing as below:
KMI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.44 Max: 0.46
Current: 0.43
During the past 13 years, the highest Equity to Asset Ratio of Kinder Morgan was 0.46. The lowest was 0.16. And the median was 0.44.
KMI's Equity-to-Asset is ranked worse than 60.53% of 1087
companies
in the Oil & Gas industry
Industry Median: 0.51
vs KMI: 0.43
Kinder Morgan Equity-to-Asset Historical Data
The historical data trend for Kinder Morgan's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Kinder Morgan's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Kinder Morgan Equity-to-Asset Distribution
For the Oil & Gas industry and Energy sector, Kinder Morgan's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Kinder Morgan's Equity-to-Asset falls into.
Kinder Morgan Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Kinder Morgan's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kinder Morgan (NYSE:KMI) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Kinder Morgan Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Kinder Morgan's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Kinder Morgan (Kinder Morgan) Business Description
Kinder Morgan is one of the largest midstream energy firms in North America, with an interest in or an operator on about 83,000 miles in pipelines and 140 storage terminals. The company is active in the transportation, storage, and processing of natural gas, crude oil, refined products, natural gas liquids, and carbon dioxide. The majority of Kinder Morgan's cash flows stem from fee-based contracts for handling, moving, and storing fossil fuel products.
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