Equity to Asset ratio is calculated as total stockholders equity divided by total asset. USD Partners LP's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-108.88 Mil. USD Partners LP's Total Assets for the quarter that ended in Sep. 2023 was $104.63 Mil.
Therefore, USD Partners LP's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -1.04.
The historical rank and industry rank for USD Partners LP's Equity-to-Asset or its related term are showing as below:
USDP'
s Equity-to-Asset Range Over the Past 10 Years
Min: -1.04 Med: 0.14 Max: 0.28
Current: -1.04
During the past 11 years, the highest Equity to Asset Ratio of USD Partners LP was 0.28. The lowest was -1.04. And the median was 0.14.
USDP's Equity-to-Asset is ranked worse than 98.77% of 978
companies
in the Transportation industry
Industry Median: 0.49
vs USDP: -1.04
USD Partners LP Equity-to-Asset Historical Data
The historical data trend for USD 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.
Competitive Comparison of USD Partners LP's Equity-to-Asset
For the Railroads subindustry, USD 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.
USD Partners LP's Equity-to-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, USD Partners LP's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where USD Partners LP's Equity-to-Asset falls into.
USD 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.
USD Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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.
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%.
USD Partners LP Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of USD Partners LP's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
USD Partners LP (USD Partners LP) Business Description
USD Partners LP is formed to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels and other energy-related products. The company's network of crude oil terminals facilitates the transportation of heavy crude oil from Western Canada to key demand centers across North America. The company's operations include railcar loading and unloading, storage and blending in onsite tanks, inbound and outbound pipeline connectivity, truck transloading, and other related logistics services. The company also provides one of the customers with leased railcars and fleet services to facilitate the transportation of liquid hydrocarbons by rail. The company manages its business in two reportable segments: Terminalling services and Fleet services.
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