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EQM Midstream Partners LP (EQM Midstream Partners LP) Total Current Liabilities : $297 Mil (As of Mar. 2020)


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What is EQM Midstream Partners LP Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. EQM Midstream Partners LP's total current liabilities for the quarter that ended in Mar. 2020 was $297

EQM Midstream Partners LP Total Current Liabilities Historical Data

The historical data trend for EQM Midstream Partners LP's Total Current Liabilities 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.

EQM Midstream Partners LP Total Current Liabilities Chart

EQM Midstream Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 404.77 86.99 276.99 522.46 315.86

EQM Midstream Partners LP Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Total Current Liabilities 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 427.00 724.24 536.27 315.86 297.43

EQM Midstream Partners LP Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

EQM Midstream Partners LP's Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=315.861+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=316

EQM Midstream Partners LP's Total Current Liabilities for the quarter that ended in Mar. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=297.429+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=297

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

EQM Midstream Partners LP Total Current Liabilities Related Terms

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EQM Midstream Partners LP (EQM Midstream Partners LP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQM Midstream Partners LP (NYSE:EQM) » Definitions » Total Current Liabilities
Comparable Companies
WES TRGP HESM PSXP SHLX TCP DCP AM PAGP ENBL TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL
Traded in Other Exchanges
N/A
Address
2200 Energy Drive, Canonsburg, PA, USA, 15317
Website
https://www.eqm-midstreampartners.com
EQM Midstream Partners LP owns, operates, acquires and develops midstream assets in the Appalachian Basin. It provides midstream services to EQT and third parties in the Appalachian Basin across counties in Pennsylvania and West Virginia through two assets, the transmission, and storage system and the gathering system. The company's transmission and storage system included an approximately 700-mile Federal Energy Regulatory Commission (FERC)-regulated interstate pipeline that connects to five interstate pipelines and multiple distribution companies. The transmission system is supported by associated natural gas storage reservoirs with approximately 400 MMcf per day of peak withdrawal capacity and 32 Bcf of working gas capacity and 27 compressor units.
Executives
Brian P. Pietrandrea officer: VP & CAO 2200 ENERGY DRIVE, CANONSBURG PA 15317
Kenneth Michael Burke director 11742 RIVERVIEW DRIVE, HOUSTON TX 77007
Diana M Charletta director, officer: EVP & Chief Operating Officer 2200 ENERGY DRIVE, CANONSBURG PA 15317
Eqt Corp 10 percent owner 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Phillip D. Swisher officer: VP & Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 2000, PITTSBURGH PA 15222
Kirk R Oliver director, officer: SVP & Chief Financial Officer 1601 BRYAN STREET, DALLAS TX 75201
Stephen A Thorington director 700 MILAM, SUITE 3100, HOUSTON TX 77002
Thomas F Karam director, officer: President & CEO C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES BARRE PA 18711-0601
Lewis B Gardner director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Julian Mark Bott director 625 LIBERTY AVENUE, C/O EQT MIDSTREAM PARTNERS, PITTSBURGH PA 15222
Ashcroft Jeremiah J Iii director, officer: SVP & Chief Operating Officer ONE GREENWAY PLAZA, SUITE 600, HOUSTON TX 77046
M Elise Hyland director, officer: EVP & Chief Operating Officer 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Steven T Schlotterbeck director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Jimmi Sue Smith officer: Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Robert Joseph Mcnally director, officer: Sr. Vice President and CFO 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222