KYN has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
KYN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Kayne Anderson Energy Infrastructure Fund, has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Warning Sign:
Kayne Anderson Energy Infrastructure Fund, Inc displays poor financial strength. Usually, this is caused by too much debt for the company.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.GuruFocus does not calculate Kayne Anderson Energy Infrastructure Fund,'s interest coverage with the available data. Kayne Anderson Energy Infrastructure Fund,'s debt to revenue ratio for the quarter that ended in Nov. 2023 was 0.77. Altman Z-Score does not apply to banks and insurance companies.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Kayne Anderson Energy Infrastructure Fund,'s Interest Expense for the months ended in Nov. 2023 was $-7.8 Mil. Its Operating Income for the months ended in Nov. 2023 was $0.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $344.2 Mil.
Kayne Anderson Energy Infrastructure Fund,'s Interest Coverage for the quarter that ended in Nov. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
Kayne Anderson Energy Infrastructure Fund,'s Debt to Revenue Ratio for the quarter that ended in Nov. 2023 is
Debt to Revenue Ratio | = | Total Debt (Q: Nov. 2023 ) | / | Revenue | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | Revenue | |
= | (0 | + | 344.215) | / | 444.808 | |
= | 0.77 |
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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.
Kayne Anderson Energy Infrastructure Fund, (NYSE:KYN) Financial Strength Explanation
The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.
Kayne Anderson Energy Infrastructure Fund, has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.
Thank you for viewing the detailed overview of Kayne Anderson Energy Infrastructure Fund,'s Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.
James C Baker | officer: Vice President | C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067 |
Kayne Anderson Capital Advisors Lp | other: SEE NOTE (2) | 2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067 |
Logan Ron M Jr | officer: SENIOR VP | PO BOX 131574, HOUSTON TX 77219 |
Terry A Hart | officer: Treasurer and CFO | 1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002 |
John C Frey | officer: Assistant Secretary | C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067 |
Metlife Investment Management, Llc | 10 percent owner | ONE METLIFE WAY, WHIPPANY NJ 07981 |
Carita Walker | director | 2519 PANORAMA TER, LOS ANGELES CA 90039 |
Principal Life Insurance Co | 10 percent owner | 711 HIGH STREET, DES MOINES IA 50392-0300 |
Caroline Ann Winn | director | 14914 VALLE DEL SUR COURT, SAN DIEGO CA 92127 |
Parker Austin Colby | officer: Chief Financial Officer | 811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002 |
William R Cordes | director | 17237 HOWARD PLAZA, OMAHA NE 68118 |
Guardian Life Insurance Co Of America | 10 percent owner | 10 HUDSON YARDS, NY NY 10001 |
Guardian Insurance & Annuity Co Inc | 10 percent owner | 10 HUDSON YARDS, 22 FLOOR, NEW YORK NY 10001 |
Thrivent Financial For Lutherans | 10 percent owner | 901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211 |
Michael J Levitt | director | KAYNE ANDERSON CAPITAL ADVISORS, L.P., 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067 |
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.