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Energy Transfer Partners LP (NYSE:ETP)
Cash to Debt Ratio
0.02 (As of Dec. 2015)

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 Partners LP's cash to debt ratio for the quarter that ended in Dec. 2015 was 0.02.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Energy Transfer Partners LP couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2015.

ETP' s Cash to Debt Range Over the Past 10 Years
Min: 0.01   Max: 0.08
Current: 0.02

0.01
0.08

During the past 13 years, Energy Transfer Partners LP's highest Cash to Debt Ratio was 0.08. The lowest was 0.01. And the median was 0.02.

ETP's Cash to Debt is ranked lower than
71% of the 95 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 0.08 vs. ETP: 0.02 )

Definition

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

Energy Transfer Partners LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2015 is calculated as:

Energy Transfer Partners LP's Cash to Debt Ratio for the quarter that ended in Dec. 2015 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Current Portion of Long-Term Debt, Long-Term Debt, Cash and Cash Equivalents (For Banks and Insurance Companies), Cash, Cash Equivalents, Marketable Securities, Interest Coverage


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Energy Transfer Partners LP Annual Data

Aug06Aug07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
cash2debt 0.010.020.020.010.010.010.020.030.030.02

Energy Transfer Partners LP Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
cash2debt 0.060.030.060.060.060.030.090.060.030.02
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