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Enterprise Products Partners LP (Enterprise Products Partners LP) Debt-to-Equity

: 1.05 (As of Dec. 2023)
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Enterprise Products Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,300 Mil. Enterprise Products Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $27,771 Mil. Enterprise Products Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $27,673 Mil. Enterprise Products Partners LP's debt to equity for the quarter that ended in Dec. 2023 was 1.05.

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 Enterprise Products Partners LP's Debt-to-Equity or its related term are showing as below:

EPD' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.05   Med: 1.1   Max: 1.24
Current: 1.05

During the past 13 years, the highest Debt-to-Equity Ratio of Enterprise Products Partners LP was 1.24. The lowest was 1.05. And the median was 1.10.

EPD's Debt-to-Equity is ranked worse than
76.44% of 832 companies
in the Oil & Gas industry
Industry Median: 0.435 vs EPD: 1.05

Enterprise Products Partners LP Debt-to-Equity Historical Data

The historical data trend for Enterprise Products 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.

Enterprise Products 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 1.12 1.24 1.18 1.08 1.05

Enterprise Products 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 1.08 1.07 1.06 1.07 1.05

Competitive Comparison

For the Oil & Gas Midstream subindustry, Enterprise Products 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.


Enterprise Products Partners LP Debt-to-Equity Distribution

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

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



Enterprise Products Partners LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Enterprise Products 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.


Enterprise Products Partners LP  (NYSE:EPD) 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.


Enterprise Products Partners LP Debt-to-Equity Related Terms

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


Enterprise Products Partners LP (Enterprise Products Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
Executives
Aj Teague officer: Executive Vice President 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
John R Rutherford director 1100 LOUISIANA STREET, 10TH FLOOR, HOUSTON TX 77002
William C Montgomery director C/O APACHE CORPORATION, 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Rebecca G. Followill director 1100 LOUISIANA STREET, HOUSTON TX 77002
Carin Marcy Barth director
Randa Duncan Williams 10 percent owner 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Graham W. Bacon officer: Group Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002
Richard H Bachmann director, officer: Executive VP & CLO 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
W Randall Fowler director, officer: Sr. Vice President & Treasurer 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Robert D Sanders officer: EVP, Asset Optimization 1100 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Christian M. Nelly officer: EVP-Finance and Treasurer 1100 LOUISIANA STREET, HOUSTON TX 77002
Murray E Brasseux director 17 SOUTH BRIAR HOLLOW LANE, HOUSTON TX 77027
James T Hackett director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Edwin E Smith director 1100 LOUISIANA 10TH FLOOR, HOUSTON TX 77002
Brent B. Secrest officer: Senior Vice President 1100 LOUISIANA STREET, HOUSTON TX 77002

Enterprise Products Partners LP (Enterprise Products Partners LP) Headlines