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Delek Logistics Partners LP (Delek Logistics Partners LP) Debt-to-Equity

: -10.62 (As of Dec. 2023)
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Delek Logistics Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $37 Mil. Delek Logistics Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,682 Mil. Delek Logistics Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-162 Mil. Delek Logistics Partners LP's debt to equity for the quarter that ended in Dec. 2023 was -10.62.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Delek Logistics Partners LP's Debt-to-Equity or its related term are showing as below:

DKL' s Debt-to-Equity Range Over the Past 10 Years
Min: -31.91   Med: -10   Max: 6.33
Current: -10.62

During the past 13 years, the highest Debt-to-Equity Ratio of Delek Logistics Partners LP was 6.33. The lowest was -31.91. And the median was -10.00.

DKL's Debt-to-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 0.435 vs DKL: -10.62

Delek Logistics Partners LP Debt-to-Equity Historical Data

The historical data trend for Delek Logistics Partners LP's Debt-to-Equity 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.

Delek Logistics Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.54 -9.39 -8.85 -15.19 -10.62

Delek Logistics Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only -15.19 -14.72 -13.61 -12.64 -10.62

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Delek Logistics Partners LP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Delek Logistics Partners LP Debt-to-Equity Distribution

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

* The bar in red indicates where Delek Logistics Partners LP's Debt-to-Equity falls into.



Delek Logistics Partners LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Delek Logistics Partners LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Delek Logistics Partners LP's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Delek Logistics Partners LP  (NYSE:DKL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Delek Logistics Partners LP Debt-to-Equity Related Terms

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


Delek Logistics Partners LP (Delek Logistics Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
310 Seven Springs Way, Suite 400 and 500, Brentwood, TN, USA, 37027
Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products. The company's segment includes Pipelines and Transportation; Pipelines and Transportation and Investments in Pipeline Joint Ventures. It generates maximum revenue from the Pipelines and Transportation segment. The pipelines and Transportation segment consist of pipelines, tanks, offloading facilities, trucks, and ancillary assets, which provide crude oil gathering and crude oil, intermediate and refined products transportation and storage services in support of Delek Holdings' refining operations in Tyler, Texas, El Dorado, Arkansas and Big Spring, Texas.
Executives
Reuven Spiegel director 1530 PALISADE AVENUE, APT. 24-L, FORT LEE NJ 07024
Odely Sakazi officer: Senior Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Avigal Soreq officer: Executive Vice President 7102 COMMERCE WAY, BRENTWOOD TN 37027
Ezra Uzi Yemin director, officer: Chairman / CEO 7102 COMMERCE WAY, BRENTWOOD TN 37027
Joseph Israel officer: EVP, Operations 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Brown Charles J Iii director 524 ROOKWOOD PLACE, CHARLOTTESVILLE VA 22903
Todd O'malley officer: EVP Chief Operating Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Delek Us Holdings, Inc. director, 10 percent owner 310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Robert G. Wright officer: SVP & Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Francis C. D'andrea director 70 NORTH WINDSAIL PLACE, THE WOODLANDS TX 77381
Nilah Staskus officer: EVP, Chief Accounting Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Denise Clark Mcwatters officer: EVP, Gen Counsel & Corp Sec 1702 COMMERCE WAY, BRENTWOOD TN 37027
Sherri Anne Brillon director 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Delek Logistics Services Co director, 10 percent owner 7102 COMMERCE WAY, BRENTWOOD TN 37027
Gennifer F. Kelly director 1702 COMMERCE WAY, BRENTWOOD TN 37027