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GuruFocus has detected 6 Warning Signs with NGL Energy Partners LP $NGL.
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NGL Energy Partners LP (NYSE:NGL)
Land And Improvements
$57 Mil (As of Mar. 2017)

NGL Energy Partners LP's land and improvements for the quarter that ended in Mar. 2017 was $57 Mil.

NGL Energy Partners LP's quarterly land and improvements declined from Sep. 2016 ($50 Mil) to Dec. 2016 ($49 Mil) but then increased from Dec. 2016 ($49 Mil) to Mar. 2017 ($57 Mil).

NGL Energy Partners LP's annual land and improvements declined from Mar. 2015 ($98 Mil) to Mar. 2016 ($47 Mil) but then increased from Mar. 2016 ($47 Mil) to Mar. 2017 ($57 Mil).


Definition

Land is the surface or crust of the earth, which can be used to support structures, and may be used to grow crops, grass, shrubs, and trees. Land is characterized as having an unlimited life (indefinite). Land improvement is a long-term asset which indicates the cost of the constructed improvements to land, such as driveways, walkways, lighting, and parking lots.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16Mar17
LandAndImprovements 0003132230984757

NGL Energy Partners LP Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
LandAndImprovements 102981001011044749504957
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