PBF Logistics LP (PBF Logistics LP) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2022)

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What is PBF Logistics LP LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. PBF Logistics LP's long-term debt to total assests ratio for the quarter that ended in Sep. 2022 was 0.00.

PBF Logistics LP's long-term debt to total assets ratio declined from Sep. 2021 (0.71) to Sep. 2022 (0.00). It may suggest that PBF Logistics LP is progressively becoming less dependent on debt to grow their business.

PBF Logistics LP LT-Debt-to-Total-Asset Historical Data

The historical data trend for PBF Logistics LP's LT-Debt-to-Total-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.

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PBF Logistics LP LT-Debt-to-Total-Asset Chart

PBF Logistics LP Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

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0.73

0.70

0.82

0.77

0.69

PBF Logistics LP Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.71	0.69	0.66	0.64	-

PBF Logistics LP LT-Debt-to-Total-Asset Calculation

PBF Logistics LP's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	622.544	/	901.297
	=	0.69

PBF Logistics LP's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

LT Debt to Total Assets (Q: Sep. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2022 )	/	Total Assets (Q: Sep. 2022 )
	=	0	/	868.221
	=	0.00

PBF Logistics LP (NYSE:PBFX) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

PBF Logistics LP LT-Debt-to-Total-Asset Related Terms

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PBF Logistics LP (PBF Logistics LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PBF Logistics LP (NYSE:PBFX) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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Traded in Other Exchanges

N/A

Address

One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054

Website

https://www.pbflogistics.com

PBF Logistics LP is a limited partnership which owns or leases, operates, develops and acquires crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. The company operates through two business segments namely Transportation and terminaling segment and Storage segment. The Transportation and terminaling segment which derives majority revenue consists of CR Rail Terminal, DCR West Rack, Toledo Truck Terminal and others. The Storage segment covers Toledo storage facility which consists of tanks for storing crude oil, refined products, and intermediates.

Executives

Trecia M Canty	officer: SVP & General Counsel	1 SYLVAN WAY, 2ND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
Tai Wendy Ho	officer: Senior Vice President, HR	ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Pbf Energy Inc.	director, 10 percent owner	1 SYLVAN WAY, PARSIPPANY NJ 07054
David Roush	director	1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Bruce A. Jones	director	1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Lawrence Michael Ziemba	director	600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
John C Barone	officer: Principal Accounting Officer	1 SYLVAN WAY, SECOND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
Control Empresarial De Capitales S.a. De C.v.	10 percent owner, other: Add'l Rep Persons-see Ex. 99.1	INSURGENTES SUR #3500, PB, COL. PENA POBRE, DELEGACION TLALPAN, CP, MEXICO D.F. O5 14060
Karen Berriman Davis	officer: Chief Accounting Officer	123 WEST MILLS AVENUE, SUITE 200, EL PASO TX 79901
Malley Todd O	officer: President	ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
O Connor Thomas L	officer: Senior Vice President	ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Matthew C. Lucey	director, officer: Executive Vice President	C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
Thomas J. Nimbley	director, officer: Chief Executive Officer	C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
Jeffrey Dill	officer: SVP, General Counsel	PBF ENERGY INC., 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Michael D. Gayda	director, officer: President	PBF ENERGY INC., 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054