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Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) Equity-to-Asset : 0.08 (As of Mar. 2016)


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What is Niska Gas Storage Partners LLC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Niska Gas Storage Partners LLC's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $80.64 Mil. Niska Gas Storage Partners LLC's Total Assets for the quarter that ended in Mar. 2016 was $991.90 Mil. Therefore, Niska Gas Storage Partners LLC's Equity to Asset Ratio for the quarter that ended in Mar. 2016 was 0.08.

The historical rank and industry rank for Niska Gas Storage Partners LLC's Equity-to-Asset or its related term are showing as below:

NKA's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.505
* Ranked among companies with meaningful Equity-to-Asset only.

Niska Gas Storage Partners LLC Equity-to-Asset Historical Data

The historical data trend for Niska Gas Storage Partners LLC'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.

Niska Gas Storage Partners LLC Equity-to-Asset Chart

Niska Gas Storage Partners LLC Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.38 0.39 0.36 0.16 0.08

Niska Gas Storage Partners LLC Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 0.16 0.14 0.12 0.10 0.08

Competitive Comparison of Niska Gas Storage Partners LLC's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Niska Gas Storage Partners LLC'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.


Niska Gas Storage Partners LLC's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Niska Gas Storage Partners LLC's Equity-to-Asset falls into.



Niska Gas Storage Partners LLC 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.

Niska Gas Storage Partners LLC's Equity to Asset Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Equity to Asset (A: Mar. 2016 )=Total Stockholders Equity/Total Assets
=80.639/991.897
=0.08

Niska Gas Storage Partners LLC's Equity to Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

Equity to Asset (Q: Mar. 2016 )=Total Stockholders Equity/Total Assets
=80.639/991.897
=0.08

* 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.


Niska Gas Storage Partners LLC  (NYSE:NKA) 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%.


Niska Gas Storage Partners LLC Equity-to-Asset Related Terms

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


Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) Business Description

Traded in Other Exchanges
N/A
Address
Niska Gas Storage Partners LLC was founded in 2006. The Company owns and operates natural gas storage assets. It owns or contracts for approximately 244.9 billion cubic feet, or Bcf, of total natural gas storage capacity. Its assets are located in key North American natural gas producing and consuming regions and are connected at points on the natural gas transmission network, providing access to multiple end-use markets. The Company stores natural gas for customers, including financial institutions, marketers, pipelines, power generators, utilities and producers of natural gas. Its gas storage customers include a broad mix of natural gas market participants, including financial institutions, producers, marketers, power generators, pipelines and municipalities. Its competitors include The Company's operations are subject to governmental laws and regulations.
Executives
Michael J Hennigan director 3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
James G Jackson director 515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Ralph Alexander director 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Shea William H Jr director, officer: President & CEO C/O NISKA GAS STORAGE PARTNERS LLC, 170 RADNOR CHESTER ROAD, SUITE 150, RADNOR PA 19087
Davis Bruce D Jr officer: VP & Chief Administrative Offi 400, 607 8TH AVENUE S.W., CALGARY A0 T2P 0A7
Deborah M Fretz director 1801 MARKET STREET, PHILADELPHIA PA 19103
Carlyle/riverstone Energy Partners Iii, L.p. director, 10 percent owner 712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
C/r Energy Gp Iii, Llc director, 10 percent owner 712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
Carlyle Group Inc. 10 percent owner C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Group Management L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Inc. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I L.p. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Tc Group Sub L.p. 10 percent owner C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
George A Obrien director C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921

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