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GuruFocus has detected 6 Warning Signs with NGL Energy Partners LP $NGL.
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NGL Energy Partners LP (NYSE:NGL)
Other Income (Expense)
$71 Mil (TTM As of Dec. 2016)

NGL Energy Partners LP's other income expense for the three months ended in Dec. 2016 was $19 Mil. Its other income expense for the trailing twelve months (TTM) ended in Dec. 2016 was $71 Mil.


Definition

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

NGL Energy Partners LP Other Income (Expense) for the trailing twelve months (TTM) ended in Dec. 2016 was 30.697 (Mar. 2016 ) + 19.753 (Jun. 2016 ) + 1.075 (Sep. 2016 ) + 19.365 (Dec. 2016 ) = $71 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
OtherIncomeExpense 000001-424538

NGL Energy Partners LP Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
OtherIncomeExpense 23388223120119
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