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Golar LNG Partners LP (Golar LNG Partners LP) Equity-to-Asset : 0.27 (As of Dec. 2020)


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What is Golar LNG Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golar LNG Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $543.2 Mil. Golar LNG Partners LP's Total Assets for the quarter that ended in Dec. 2020 was $2,027.7 Mil. Therefore, Golar LNG Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2020 was 0.27.

The historical rank and industry rank for Golar LNG Partners LP's Equity-to-Asset or its related term are showing as below:

GMLP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11   Med: 0.25   Max: 0.32
Current: 0.27

During the past 12 years, the highest Equity to Asset Ratio of Golar LNG Partners LP was 0.32. The lowest was 0.11. And the median was 0.25.

GMLP's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.51 vs GMLP: 0.27

Golar LNG Partners LP Equity-to-Asset Historical Data

The historical data trend for Golar LNG Partners LP's Equity-to-Asset 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.

Golar LNG Partners LP Equity-to-Asset Chart

Golar LNG Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.32 0.30 0.27 0.27

Golar LNG Partners LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Equity-to-Asset 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 0.27 0.24 0.25 0.26 0.27

Competitive Comparison of Golar LNG Partners LP's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Golar LNG Partners LP's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Golar LNG Partners LP's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Golar LNG Partners LP's Equity-to-Asset falls into.



Golar LNG Partners LP Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Golar LNG Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=543.209/2027.661
=0.27

Golar LNG Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Equity to Asset (Q: Dec. 2020 )=Total Stockholders Equity/Total Assets
=543.209/2027.661
=0.27

* 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.


Golar LNG Partners LP  (NAS:GMLP) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Golar LNG Partners LP Equity-to-Asset Related Terms

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


Golar LNG Partners LP (Golar LNG Partners LP) Business Description

Traded in Other Exchanges
Address
9 Par-la-Ville Road, 2nd Floor, South East Pearman Building, Hamilton, BMU, HM 11
Golar LNG Partners LP owns and operates floating storage regasification units (FSRUs) and liquefied natural gas (LNG) carriers under long-term time charters. The company has three reportable segments: LNG, FSRUs, and FING (floating liquefied natural gas vessel). It generates maximum revenue from the FSRUs segment. Its geographical segments are Brazil, Jordan, Indonesia, Kuwait, and the United Arab Emirates. The company's operational FSRU projects include Golar Spirit, Golar Igloo, Golar Eskimo, Golar Winter, Golar Freeze, and Nusantara Regas Satu.

Golar LNG Partners LP (Golar LNG Partners LP) Headlines

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