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Inergy Midstream LP (Inergy Midstream LP) Total Assets : $6,501 Mil (As of Jun. 2015)


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What is Inergy Midstream LP Total Assets?

Inergy Midstream LP's Total Assets for the quarter that ended in Jun. 2015 was $6,501 Mil.

During the past 12 months, Inergy Midstream LP's average Total Assets Growth Rate was -1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 100.80% per year. During the past 5 years, the average Total Assets Growth Rate was 76.60% per year.

During the past 6 years, Inergy Midstream LP's highest 3-Year average Total Assets Growth Rate was 125.30%. The lowest was 22.60%. And the median was 100.80%.

Total Assets is connected with ROA %. Inergy Midstream LP's annualized ROA % for the quarter that ended in Jun. 2015 was -3.38%. Total Assets is also linked to Revenue through Asset Turnover. Inergy Midstream LP's Asset Turnover for the quarter that ended in Jun. 2015 was 0.07.


Inergy Midstream LP Total Assets Historical Data

The historical data trend for Inergy Midstream LP's Total 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.

Inergy Midstream LP Total Assets Chart

Inergy Midstream LP Annual Data
Trend Sep09 Sep10 Sep11 Sep12 Dec13 Dec14
Total Assets
Get a 7-Day Free Trial 559.50 813.70 1,027.90 6,401.80 6,596.50

Inergy Midstream LP Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,635.60 6,694.60 6,596.50 6,612.70 6,501.20

Inergy Midstream LP Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Inergy Midstream LP's Total Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Assets=Total Equity (A: Dec. 2014 )+Total Liabilities (A: Dec. 2014 )
=4297.4+2299.1
=6,597

Inergy Midstream LP's Total Assets for the quarter that ended in Jun. 2015 is calculated as

Total Assets=Total Equity (Q: Jun. 2015 )+Total Liabilities (Q: Jun. 2015 )
=4112.1+2389.1
=6,501

* 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.


Inergy Midstream LP  (NYSE:NRGM) Total Assets Explanation

Total Assets is connected with ROA %.

Inergy Midstream LP's annualized ROA % for the quarter that ended in Jun. 2015 is

ROA %=Net Income (Q: Jun. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Jun. 2015 ))/ count )
=-221.6/( (6612.7+6501.2)/ 2 )
=-221.6/6556.95
=-3.38 %

Note: The Net Income data used here is four times the quarterly (Jun. 2015) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Inergy Midstream LP's Asset Turnover for the quarter that ended in Jun. 2015 is

Asset Turnover
=Revenue (Q: Jun. 2015 )/( (Total Assets (Q: Mar. 2015 )+Total Assets (Q: Jun. 2015 ))/ count )
=478.4/( (6612.7+6501.2)/ 2 )
=478.4/6556.95
=0.07

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Inergy Midstream LP Total Assets Related Terms

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Inergy Midstream LP (Inergy Midstream LP) Business Description

Traded in Other Exchanges
N/A
Address
Crestwood Midstream Partners LP, formerly known as Inergy Midstream, L.P., is a Delaware limited partnership formed in November 2011. The Company develops, acquires, owns and operates fee-based assets and operations within the energy midstream sector. The Company owns and operates a diversified portfolio of crude oil and natural gas gathering, processing, storage and transportation assets that connect energy supply with energy demand across North America. The Company has three reporting segments: Gathering and Processing, NGL and crude services, and Storage and Transportation. The Gathering and Processing operations engage in the gathering, processing, treating, compression, transportation and sales of natural gas and the delivery of NGLs. In Gathering and Processing, the Company provides natural gas gathering, processing, treating and compression services to producers in unconventional shale plays located in West Virginia, Wyoming, Texas, Arkansas, New Mexico and Louisiana. The Company owns rich gas systems in the Marcellus, Powder River Basin, Niobrara, Barnett, Granite Wash, and Avalon/Bone Spring Shale plays, and dry gas gathering systems in the Barnett, Fayetteville and Haynesville/Bossier Shale plays. The NGL and crude services operations provide gathering, storage and transportation services to producers, refiners, marketers, and others that effectively provide flow assurances to customers, as well as the production and sale of salt products. Operations in NGL and Crude segment include crude oil rail terminals, the Arrow gathering system, an NGL storage facility, and U.S Salt, LLC. The Storage and Transportation operations provide natural gas storage and transportations services to third parties. The corporate operations include all general and administrative expenses that are not allocated to the reportable segments. The Company owns and operates four natural gas storage facilities located in New York and Pennsylvania that have an aggregate working gas storage capacity of approximately 41.0 Bcf namely Stagecoach, Thomas Corners, Steuben, and Seneca Lake. Further, the Company owns natural gas transportation facilities located in New York and Pennsylvania namely North-South Facilities, MARC I Pipeline, and East Pipeline. Sales of crude oil, NGLs and salt are recognized at the time product is shipped or delivered to the customer depending on the sales terms. The Company is expanding its gathering and compression facilities in the Marcellus Shale.
Executives
John J Sherman director C/O CRESTWOOD EQUITY PARTNERS LP, 811 MAIN ST., SUITE 3400, HOUSTON TX 77002
Crestwood Gas Services Holdings Llc director, 10 percent owner 717 TEXAS AVENUE, SUITE 3150, HOUSTON TX 77002
Crestwood Holdings Llc director, 10 percent owner 717 TEXAS AVENUE, SUITE 3150, HOUSTON TX 77002
Fr Xi Cmp Holdings Llc director, 10 percent owner ONE LAFAYETTE PLACE, GREENWICH CT 06830
Crestwood Holdings Ii Llc director, 10 percent owner 811 MAIN STREET, SUITE 3400, HOUSTON TX 77002
Crestwood Holdings Partners, Llc director, 10 percent owner 717 TEXAS AVENUE, SUITE 3150, HOUSTON TX 77002
Fr Midstream Holdings Llc director, 10 percent owner ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
First Reserve Gp Xi, L.p. director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902
First Reserve Gp Xi, Inc. director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902
William C Gautreaux officer: President, Liquids and Crude
Michael Gordon France director 600 TRAVIS STREET, SUITE 6000, HOUSTON TX 77002
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
William E Macaulay director, 10 percent owner 290 HARBOR DRIVE, FIFTH FLOOR, STAMFORD CT 06902
J Heath Deneke officer: Chief Operating Officer 700 LOUISIANA STREET, SUITE 2550, HOUSTON TX 77002
Warren H Gfeller director

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