Energy Transfer Operating LP (Energy Transfer Operating LP) Cash-to-Debt : 0.01 (As of Dec. 2020)

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What is Energy Transfer Operating LP Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Energy Transfer Operating LP's cash to debt ratio for the quarter that ended in Dec. 2020 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Energy Transfer Operating LP couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2020.

The historical rank and industry rank for Energy Transfer Operating LP's Cash-to-Debt or its related term are showing as below:

ETP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.08
Current: 0.01

During the past 13 years, Energy Transfer Operating LP's highest Cash to Debt Ratio was 0.08. The lowest was 0.01. And the median was 0.01.

ETP's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.505 vs ETP: 0.01

Energy Transfer Operating LP Cash-to-Debt Historical Data

The historical data trend for Energy Transfer Operating LP's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Energy Transfer Operating LP Cash-to-Debt Chart

Energy Transfer Operating LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Cash-to-Debt

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0.01

Energy Transfer Operating LP Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Cash-to-Debt	Get a 7-Day Free Trial															0.01	-	-	0.01	0.01

Competitive Comparison of Energy Transfer Operating LP's Cash-to-Debt

For the Oil & Gas Midstream subindustry, Energy Transfer Operating LP's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Energy Transfer Operating LP's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Energy Transfer Operating LP's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Energy Transfer Operating LP's Cash-to-Debt falls into.

Energy Transfer Operating LP Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Energy Transfer Operating LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	366	/	(74	+	52182)
	=	0.01

Energy Transfer Operating LP's Cash to Debt Ratio for the quarter that ended in Dec. 2020 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	366	/	(74	+	52182)
	=	0.01

Energy Transfer Operating LP (NYSE:ETP) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Energy Transfer Operating LP Cash-to-Debt Related Terms

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Energy Transfer Operating LP (Energy Transfer Operating LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy Transfer Operating LP (NYSE:ETP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225

Website

http://www.energytransfer.com

Energy Transfer Operating LP is a diversified midstream energy company in the country with more than 86,000 miles of pipelines traversing approximately 38 states transporting the oil and gas products. Its core operations include transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. The operating business segments of the company are intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USAC, and Other. The crude oil transportation and services segment generates maximum revenue for the company.

Executives

Easter William H Iii

director

370 17TH ST, STE 2500, DENVER CO 80202