Williams Partners LP's Total Assets for the quarter that ended in Jun. 2018 was $45,938 Mil.
Warning Sign:
If a company builds asset at 53.3% a year, faster than its revenue growth rate of 7.2% over the past 5 years, it means that the company may be getting less efficent.
During the past 12 months, Williams Partners LP's average Total Assets Growth Rate was -1.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -2.80% per year.
During the past 5 years, the average Total Assets Growth Rate was 53.30% per year.
During the past 10 years, the average Total Assets Growth Rate was 53.20% per year.
During the past 11 years, Williams Partners LP's highest 3-Year average Total Assets Growth Rate was 137.10%. The lowest was -2.80%. And the median was 47.65%.
The historical data trend for Williams Partners LP's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Williams Partners LP's Total Assets for the fiscal year that ended in Dec. 2017 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.
Williams Partners LP (NYSE:ACMP) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Jun. 2018) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Williams Partners LP's Asset Turnover for the quarter that ended in Jun. 2018 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Williams Partners LP Total Assets Related Terms
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Williams Partners LP (Williams Partners LP) Business Description
Williams Partners is a large pipeline company that owns and operates the large Transco and Northwest pipeline systems and associated natural gas gathering and processing and storage assets. It also owns a 60% stake in Discovery, which owns offshore natural gas assets in the Gulf of Mexico. Williams Companies, a publicly traded C-Corporation, owns a 74% interest in Williams Partners. The partnership owns the underlying assets while the corporation holds the stake in the limited partnership.
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