Keel Infrastructure annual net debt
2020
2021
2022
2023
2024
2025
Keel Infrastructure Net Debt Growth & History (KEEL)
Keel Infrastructure's net debt was $52.8M for fiscal 2025.
View full Keel Infrastructure company overviewKeel Infrastructure annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $52.8M | $64.7M | — |
| 2024 | 2024-12-31 | −$11.9M | $67.8M | — |
| 2023 | 2023-12-31 | −$79.6M | −$74.8M | — |
| 2022 | 2022-12-31 | −$4.8M | $110.9M | — |
| 2021 | 2021-12-31 | −$115.8M | −$138.2M | — |
| 2020 | 2020-12-31 | $22.4M | — | — |
Keel Infrastructure quarterly net debt
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $269.5M | $280.0M | — |
| Q1 2026 | 2026-03-31 | $192.6M | $205.5M | — |
| Q4 2025 | 2025-12-31 | $52.8M | $64.7M | — |
| Q3 2025 | 2025-09-30 | −$13.3M | — | — |
| Q2 2025 | 2025-06-30 | −$10.5M | — | — |
| Q1 2025 | 2025-03-31 | −$12.9M | — | — |
| Q4 2024 | 2024-12-31 | −$11.9M | $71.8M | — |
| Q4 2023 | 2023-12-31 | −$83.7M | −$78.8M | — |
| Q4 2022 | 2022-12-31 | −$4.8M | $110.9M | — |
| Q4 2021 | 2021-12-31 | −$115.8M | — | — |
Keel Infrastructure net debt trends
Over the last five fiscal years, Keel Infrastructure's net debt increased from $22.4M to $52.8M, a change of $30.4M. The latest reported quarter, Q2 2026, shows $269.5M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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