Switch to:
GuruFocus has detected 5 Warning Signs with NGL Energy Partners LP \$NGL.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
NGL Energy Partners LP (NYSE:NGL)
Total Equity
\$1,918 Mil (As of Dec. 2016)

NGL Energy Partners LP's total equity for the quarter that ended in Dec. 2016 was \$1,918 Mil.

Total equity is used to calculate book value per share. NGL Energy Partners LP's book value per share for the quarter that ended in Dec. 2016 was \$17.57. The ratio of a companys debt over equity can be used to measure how leveraged this company is. NGL Energy Partners LP's debt to equity ratio for the quarter that ended in Dec. 2016 was 1.69.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

NGL Energy Partners LP's Total Equity for the fiscal year that ended in Mar. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 5560.155 - 3903.797 = 1,656

NGL Energy Partners LP's Total Equity for the quarter that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 6378.076 - 4459.845 = 1,918

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

Explanation

1. Total equity is used to calculate book value per share.

NGL Energy Partners LP's Book Value Per Share for the quarter that ended in Dec. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (1918.231 - 0) / 109.20 = 17.57

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

NGL Energy Partners LP's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (33.501 + 3216.505) / 1918.231 = 1.69

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

Related Terms

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

 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Total Equity 0 0 43 46 47 405 884 1,527 2,146 1,656

NGL Energy Partners LP Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 1,746 1,670 2,146 2,022 1,942 1,886 1,656 1,973 1,926 1,918
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)