DCP Midstream LP's Total Assets for the quarter that ended in Mar. 2023 was $12,884 Mil.
During the past 12 months, DCP Midstream LP's average Total Assets Growth Rate was -6.30% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.90% per year.
During the past 5 years, the average Total Assets Growth Rate was -1.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.90% per year.
During the past 13 years, DCP Midstream LP's highest 3-Year average Total Assets Growth Rate was 54.90%. The lowest was -2.10%. And the median was 26.70%.
The historical data trend for DCP Midstream 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.
DCP Midstream LP's Total Assets 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.
DCP Midstream LP (NYSE:DCP) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Mar. 2023) 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.
DCP Midstream LP's Asset Turnover for the quarter that ended in Mar. 2023 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.
DCP Midstream LP Total Assets Related Terms
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DCP Midstream LP (DCP Midstream LP) Business Description
DCP Midstream LP is primarily a gathering and processor partnership with major asset bases in the Permian, Scoop/Stack, Eagle Ford, and DJ Basin. It also has investments in the Sand Hills natural gas liquids pipeline as well as the Gulf Coast Express gas pipeline, which both serve the growing Permian basin. The company's segment includes Logistics and Marketing and Gathering and Processing. It generates maximum revenue from the Logistics and Marketing segment.
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