Kinder Morgan (Kinder Morgan) Total Current Assets

: $2,542 Mil (As of Dec. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Kinder Morgan's total current assets for the quarter that ended in Dec. 2023 was $2,542 Mil.

Kinder Morgan Total Current Assets Historical Data

The historical data trend for Kinder Morgan's Total Current Assets 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.

* Premium members only.

Kinder Morgan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

3,238.00

3,203.00

3,829.00

3,803.00

2,542.00

Kinder Morgan Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets																2,696.00	2,718.00	2,433.00	2,542.00	2,307.00

Kinder Morgan Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Kinder Morgan's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	83	+	1588	+	525	+	346
	=	2,542

Kinder Morgan's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	83	+	1588	+	525	+	346
	=	2,542

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Kinder Morgan (NYSE:KMI) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Kinder Morgan's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	83	-	39291	+	0.75 * 1588	+	0.5 * 525
=	-37,755

Kinder Morgan Total Current Assets Related Terms

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Kinder Morgan (Kinder Morgan) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kinder Morgan Inc (NYSE:KMI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

2KD:Germany 2KD:Germany KMIC34:Brazil KMI:Austria

Address

1001 Louisiana Street, Suite 1000, Houston, TX, USA, 77002

Website

https://www.kindermorgan.com

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.

Executives

John W Schlosser	officer: V.P. (President, Terminals)	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Dax Sanders	officer: V.P., Corporate Development	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Denise R Mathews	officer: VP, Human Resources/Admin/IT	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Sital K Mody	officer: V.P. (Pres.,Nat Gas Pipelines)	1001 LOUISIANA STREET SUITE 1000, HOUSTON TX 77002
Anthony B Ashley	officer: VP (President, CO2 and ETV)	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Jesse Arenivas	officer: VP(President, CO2)	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Deborah Macdonald	director	KINDER MORGAN, INC., 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Gary Hultquist	director	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Robert F Vagt	director	5300 MEMORIAL DR, STE 800, HOUSTON TX 77007
Thomas A Martin	officer: VP (Pres., Natural Gas Pipeln)	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
William A Smith	director	KINDER MORGAN, 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Richard D Kinder	director, officer: Chairman & CEO	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Perry M Waughtal	director	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Kevin P Grahmann	officer: V.P., Corporate Development	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Steven J Kean	director, officer: Exec VP & COO	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002