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Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Equity-to-Asset : 0.60 (As of Dec. 2023)


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What is Boardwalk Pipeline Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Boardwalk Pipeline Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,791 Mil. Boardwalk Pipeline Partners LP's Total Assets for the quarter that ended in Dec. 2023 was $9,696 Mil. Therefore, Boardwalk Pipeline Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

BWP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.55   Max: 0.6
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Boardwalk Pipeline Partners LP was 0.60. The lowest was -0.01. And the median was 0.55.

BWP's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.51 vs BWP: 0.60

Boardwalk Pipeline Partners LP Equity-to-Asset Historical Data

The historical data trend for Boardwalk Pipeline 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.

Boardwalk Pipeline Partners LP Equity-to-Asset Chart

Boardwalk Pipeline Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.57 0.59 0.60 0.60

Boardwalk Pipeline Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.60 0.61 0.61 0.61 0.60

Competitive Comparison of Boardwalk Pipeline Partners LP's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Boardwalk Pipeline 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.


Boardwalk Pipeline Partners LP's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Boardwalk Pipeline 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.

Boardwalk Pipeline Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5791.1/9696.4
=0.60

Boardwalk Pipeline Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=5791.1/9696.4
=0.60

* 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.


Boardwalk Pipeline Partners LP  (NYSE:BWP) 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%.


Boardwalk Pipeline Partners LP Equity-to-Asset Related Terms

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


Boardwalk Pipeline Partners LP (Boardwalk Pipeline Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
9 Greenway Plaza, Suite 2800, Houston, TX, USA, 77046
Boardwalk Pipeline Partners LP was formed to acquire and develop natural gas pipelines and storage facilities. The Company operates in only one reportable segment which is the operation of interstate natural gas and NGLs pipeline systems and integrated storage facilities. It serves producers of natural gas, local distribution companies (LDCs), marketers, electric power generators, industrial users and interstate, and intrastate pipelines.
Executives
Stanley C Horton director, officer: President 1400 SMITH STREET, HOUSTON TX 77002
John L Haynes officer: SVP, CCO & Pres, BWFS 9 GREENWAY PLAZA, SUITE 2800 HOUSTON TX 77046
Kenneth I Siegel director 667 MADISON AVENUE, NEW YORK NY 10065
Peter W Keegan director 667 MADISON AVE, NEW YORK NY 10065-8087
Thomas E Hyland director 1 GOVERNORS WAY KENNEBUNK ME 04043
Boardwalk Pipelines Holding Corp. director, 10 percent owner 3800 FREDERICA STREET OWENSBORO KY 42301
Andrew H Tisch director 667 MADISON AVE, NEW YORK NY 10021-8087
Arthur L Rebell director 667 MADISON AVE, NEW YORK NY 10065-8087
Michael E Mcmahon officer: Sr. Vice Pres & Gen. Counsel 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Brian Cody officer: Senior Vice President 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
Earley John Charles Jr officer: Senior Vice President 20 EAST GREENWAY PLAZA SUITE 900 HOUSTON TX 77046
William R Cordes director 17237 HOWARD PLAZA, OMAHA NE 68118
Steven A Barkauskas officer: VP & Corporate Controller 3800 FREDERICA STREET OWENSBORO KY 42301
Mark L Shapiro director 141 STONE FENCE ROAD, BERNARDSVILLE NJ 07924
Rolf A Gafvert director, officer: Co-President 20 EAST GREENWAY PLAZA, SUITE 900, HOUSTON TX 77046