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Williams Partners LP (Williams Partners LP) Cash Ratio : 0.14 (As of Jun. 2018)


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What is Williams Partners LP Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Williams Partners LP's Cash Ratio for the quarter that ended in Jun. 2018 was 0.14.

Williams Partners LP has a Cash Ratio of 0.14. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Williams Partners LP's Cash Ratio or its related term are showing as below:

ACMP's Cash Ratio is not ranked *
in the Oil & Gas industry.
Industry Median: 0.41
* Ranked among companies with meaningful Cash Ratio only.

Williams Partners LP Cash Ratio Historical Data

The historical data trend for Williams Partners LP's Cash Ratio 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.

Williams Partners LP Cash Ratio Chart

Williams Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cash Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.04 0.05 0.36

Williams Partners LP Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
Cash Ratio 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 0.50 0.54 0.36 0.64 0.14

Competitive Comparison of Williams Partners LP's Cash Ratio

For the Oil & Gas Midstream subindustry, Williams Partners LP's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.


Williams Partners LP's Cash Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Williams Partners LP's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Williams Partners LP's Cash Ratio falls into.



Williams Partners LP Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Williams Partners LP's Cash Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Williams Partners LP's Cash Ratio for the quarter that ended in Jun. 2018 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.


Williams Partners LP  (NYSE:ACMP) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.


Williams Partners LP Cash Ratio Related Terms

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Williams Partners LP (Williams Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.
Executives
Philip L Frederickson director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002
Ted T Timmermans officer: VP, Controller, CAO ONE WILLIAMS CENTER, TULSA OK 74172
John E Poarch officer: SVP - Engineering Services ONE WILLIAMS CENTER, TULSA OK 74172
Walter J Bennett officer: Senior Vice President 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Micheal G. Dunn director, officer: Executive Vice President & COO 333 SOUTH STATE STREET, 333 SOUTH STATE STREET UT 84145-0433
Alan S Armstrong director, officer: Chief Executive Officer ONE WILLIAMS CENTER, TULSA OK 74102
Alice M Peterson director 3333 BEVERLY RD B5-153A, HOFFMAN ESTTES IL 60179
John D Seldenrust officer: Senior Vice President - E&C 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
John D Chandler officer: Sr. Vice President & CFO ONE WILLIAMS CENTER, MD 4700, TULSA OK 74172
Chad J. Zamarin officer: Senior Vice President ONE WILLIAMS CENTER, TULSA OK 74172
Frank J Ferazzi officer: Senior Vice President 2800 POST OAK BLVD, HOUSTON TX 77251
Terrance Lane Wilson officer: SVP & General Counsel ONE WILLIAMS CENTER, TULSA OK 74172
Robert S Purgason director, officer: Senior Vice President 2818 S. VICTOR AVENUE, TULSA OK 74114
Sarah C. Miller officer: Interim SVP & General Counsel ONE WILLIAMS CENTER, TULSA OK 74172
Craig L Rainey officer: General Counsel ONE WILLIAMS CENTER, TULSA OK 74172

Williams Partners LP (Williams Partners LP) Headlines