GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MarkWest Energy Partners LP (NYSE:MWE) » Definitions » Cash-to-Debt

MarkWest Energy Partners LP (MarkWest Energy Partners LP) Cash-to-Debt : 0.01 (As of Sep. 2015)


View and export this data going back to . Start your Free Trial

What is MarkWest Energy Partners 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. MarkWest Energy Partners LP's cash to debt ratio for the quarter that ended in Sep. 2015 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, MarkWest Energy Partners LP couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

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

MWE's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Cash-to-Debt only.

MarkWest Energy Partners LP Cash-to-Debt Historical Data

The historical data trend for MarkWest Energy Partners 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.

* Premium members only.

MarkWest Energy Partners LP Cash-to-Debt Chart

MarkWest Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.06 0.14 0.03 0.03

MarkWest Energy Partners LP Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Cash-to-Debt 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 0.03 0.03 0.06 0.01 0.01

Competitive Comparison of MarkWest Energy Partners LP's Cash-to-Debt

For the Oil & Gas Midstream subindustry, MarkWest Energy Partners 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.


MarkWest Energy Partners LP's Cash-to-Debt Distribution in the Oil & Gas Industry

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

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



MarkWest Energy Partners 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.

MarkWest Energy Partners LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 is calculated as:

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

* 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.


MarkWest Energy Partners LP  (NYSE:MWE) 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.


MarkWest Energy Partners LP Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of MarkWest Energy Partners LP's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


MarkWest Energy Partners LP (MarkWest Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
MarkWest Energy Partners LP a Delaware corporation was formed in Delaware on January 24, 2002. The Company is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; and the gathering and transportation of crude oil. The Company has presence in many unconventional gas plays including the Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale, Woodford Shale and Granite Wash formation. The Company conducts operations in the following operating segments: Marcellus, Utica, Northeast and Southwest. Its primary business is to provide top-tier midstream services by developing and operating high-quality, strategically located assets in the liquids-rich areas of six core natural gas producing resource plays in the United States. The Company provides services in the midstream sector of the natural gas industry. The midstream natural gas industry is the link between the exploration for and production of natural gas and the delivery of its hydrocarbon components to end-use markets. In the Marcellus segment, it provides fully integrated natural gas midstream services in southwestern Pennsylvania and northern West Virginia through its wholly owned subsidiary, MarkWest Liberty Midstream. The Company operates five processing complexes in its Marcellus segment that include the Houston Complex located in Washington County, Pennsylvania: the Majorsville Complex located in Marshall County, West Virginia; the Mobley Complex located in Wetzel County, West Virginia; the Sherwood Complex located in Doddridge County, West Virginia; and the Keystone Complex located in Butler County, Pennsylvania. In addition, it operates two gathering systems: one currently delivering over 475 MMcf/d of natural gas to its Houston and Majorsville Complexes and the other delivering over 74 MMcf/d of natural gas to its Keystone complex. MarkWest Utica EMG provides gathering, processing, fractionation and marketing services in the liquids-rich corridor of the Utica Shale in eastern Ohio. In each of its operating segments, the company faces competition for natural gas gathering, crude oil transportation and in obtaining natural gas supplies for its processing and related services; in obtaining unprocessed NGLs for gathering and fractionation; and in marketing its products and services. The Company's processing and fractionation plants, pipelines and associated facilities are subject to multiple obligations and potential liabilities under a variety of stringent and comprehensive federal, regional, state and local laws and regulations governing discharges of materials into the environment or otherwise relating to environmental protection.
Executives
Nancy Buese officer: EVP, Chief Financial Officer 1515 ARAPAHOE STREET, DENVER CO 80202-2126
J Michael Stice director 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Frank M Semple director, officer: Chairman, President & CEO 1515 ARAPAHOE ST., TOWER 2, SUITE 700, DENVER CO 80202
Randy S Nickerson officer: EVP, Chief Commercial Officer 1515 ARAPAHOE ST., TOWER 2, SUITE 700, DENVER CO 80202
Randall J Larson director
Michael L Beatty director 5735 PINELAND DR, SUITE 300, DALLAS TX 75231
Donald D Wolf director 1670 BROADWAY SUITE 2800, DENVER CO 80202
Gregory Scott Floerke officer: EVP, Chief Commercial Officer C/O MARKWEST ENERGY PARTNERS, L.P., 1515 ARAPAHOE STREET, TOWER 1, SUITE 160, DENVER CO 80202
Bromley C Corwin officer: EVP, General Counsel 1515 ARAPAHOE ST., TOWER 2, SUITE 700, DENVER CO 80202
Paula L Rosson officer: SVP/Chief Accounting Officer 1515 ARAPAHOE STREET, TOWER 1 SUITE 1600, DENVER CO 80202
John C Mollenkopf officer: EVP, Chief Operating Officer 1515 ARAPAHOE ST., TOWER 2, SUITE 700, DENVER CO 80202
William P Nicoletti director C/O STAR GAS PARTNERS, L.P., 2187 ATLANTIC STREET, STAMFORD CT 06902
Bruckmann William A Iii director 631 RANGER LANE, LONGBOAT KEY FL 342284119

MarkWest Energy Partners LP (MarkWest Energy Partners LP) Headlines

From GuruFocus

MarkWest Energy Partners L.P. (MWE) SVP, CFO Nancy Buese sells 5,000 Shares

By GuruFocus Research GuruFocus Editor 12-02-2009

Jim Simons' Picks in the Midstream Segment

By Vanin Aegea Vanin Aegea 10-28-2013

MarkWest Energy Partners L.P. (MWE) SVP, CFO Nancy Buese sells 5,000 Shares

By GuruFocus Research GuruFocus Editor 02-03-2010

MarkWest Energy Partners L.P. (MWE) SVP, CFO Nancy Buese sells 10,000 Shares

By GuruFocus Research GuruFocus Editor 03-09-2011

MarkWest Energy Partners L.P. (MWE) SVP, CFO Nancy Buese sells 12,000 Shares

By GuruFocus Research GuruFocus Editor 05-18-2010

Two Funds Picked This Stock for Long-Term Investment, Should You?

By Vanina Egea Vanina Egea 04-12-2014

MarkWest Energy Partners L.P. (MWE) SVP, CFO Nancy Buese sells 5,000 Shares

By GuruFocus Research GuruFocus Editor 04-05-2010

MarkWest Energy Partners L.P. (MWE) SVP, CFO Nancy Buese sells 5,000 Shares

By GuruFocus Research GuruFocus Editor 11-17-2009