Analysis of Geographic Areas
Kinder Morgan Inc. operates in 3 regions: U.S.; Canada; and Mexico and other foreign.
Area Asset Turnover
Kinder Morgan Inc., asset turnover by geographic area
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| U.S. | 0.27 | 0.29 | 0.27 | 0.25 | 0.27 |
| Canada | 300.00 | 0.60 | 0.16 | 0.20 | 0.22 |
| Mexico and other foreign | 0.93 | 1.22 | 1.61 | 1.41 | 1.90 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. | U.S. area asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
| Canada | Canada area asset turnover ratio improved from 2017 to 2018 and from 2018 to 2019. | |
| Mexico and other foreign | Mexico and other foreign area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Area Asset Turnover: U.S.
Kinder Morgan Inc.; U.S.; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues from external customers | 12,833) | 13,596) | 13,073) | 12,459) | 13,797) |
| Long-term assets, excluding goodwill and other intangibles | 46,709) | 47,468) | 47,928) | 49,125) | 51,679) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.27 | 0.29 | 0.27 | 0.25 | 0.27 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Area asset turnover = Revenues from external customers ÷ Long-term assets, excluding goodwill and other intangibles
= 12,833 ÷ 46,709 = 0.27
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | U.S. | U.S. area asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level. |
Area Asset Turnover: Canada
Kinder Morgan Inc.; Canada; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues from external customers | 300) | 447) | 503) | 483) | 479) |
| Long-term assets, excluding goodwill and other intangibles | 1) | 748) | 3,071) | 2,399) | 2,193) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 300.00 | 0.60 | 0.16 | 0.20 | 0.22 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Area asset turnover = Revenues from external customers ÷ Long-term assets, excluding goodwill and other intangibles
= 300 ÷ 1 = 300.00
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Canada | Canada area asset turnover ratio improved from 2017 to 2018 and from 2018 to 2019. |
Area Asset Turnover: Mexico and other foreign
Kinder Morgan Inc.; Mexico and other foreign; area asset turnover calculation
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues from external customers | 76) | 101) | 129) | 116) | 127) |
| Long-term assets, excluding goodwill and other intangibles | 82) | 83) | 80) | 82) | 67) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 0.93 | 1.22 | 1.61 | 1.41 | 1.90 |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
1 2019 Calculation
Area asset turnover = Revenues from external customers ÷ Long-term assets, excluding goodwill and other intangibles
= 76 ÷ 82 = 0.93
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Mexico and other foreign | Mexico and other foreign area asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019. |
Revenues from external customers
Kinder Morgan Inc., revenues from external customers by geographic area
US$ in millions
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| U.S. | 12,833) | 13,596) | 13,073) | 12,459) | 13,797) |
| Canada | 300) | 447) | 503) | 483) | 479) |
| Mexico and other foreign | 76) | 101) | 129) | 116) | 127) |
| Total | 13,209) | 14,144) | 13,705) | 13,058) | 14,403) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
Long-term assets, excluding goodwill and other intangibles
Kinder Morgan Inc., long-term assets, excluding goodwill and other intangibles by geographic area
US$ in millions
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
|---|---|---|---|---|---|
| U.S. | 46,709) | 47,468) | 47,928) | 49,125) | 51,679) |
| Canada | 1) | 748) | 3,071) | 2,399) | 2,193) |
| Mexico and other foreign | 82) | 83) | 80) | 82) | 67) |
| Total | 46,792) | 48,299) | 51,079) | 51,606) | 53,939) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).