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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) Capex-to-Operating-Income : 0.79 (As of Mar. 2018)


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What is Tallgrass Energy Partners LP Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Tallgrass Energy Partners LP's Capital Expenditure for the three months ended in Mar. 2018 was $-58.76 Mil. Its Operating Income for the three months ended in Mar. 2018 was $74.56 Mil.

Hence, Tallgrass Energy Partners LP's Capex-to-Operating-Income for the three months ended in Mar. 2018 was 0.79.


Tallgrass Energy Partners LP Capex-to-Operating-Income Historical Data

The historical data trend for Tallgrass Energy Partners LP's Capex-to-Operating-Income 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.

Tallgrass Energy Partners LP Capex-to-Operating-Income Chart

Tallgrass Energy Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Capex-to-Operating-Income
Get a 7-Day Free Trial 10.18 12.46 0.57 0.31 0.53

Tallgrass Energy Partners LP Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Capex-to-Operating-Income 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 0.43 0.40 0.46 0.83 0.79

Competitive Comparison of Tallgrass Energy Partners LP's Capex-to-Operating-Income

For the Oil & Gas Midstream subindustry, Tallgrass Energy Partners LP's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tallgrass Energy Partners LP's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tallgrass Energy Partners LP's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Tallgrass Energy Partners LP's Capex-to-Operating-Income falls into.



Tallgrass Energy Partners LP Capex-to-Operating-Income Calculation

Tallgrass Energy Partners LP's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2017 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-145.144) / 273.488
=0.53

Tallgrass Energy Partners LP's Capex-to-Operating-Income for the quarter that ended in Mar. 2018 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-58.76) / 74.555
=0.79

* 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.


Tallgrass Energy Partners LP  (NYSE:TEP) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Tallgrass Energy Partners LP Capex-to-Operating-Income Related Terms

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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Partners is a young master limited partnership that focuses opportunistically on growth through acquisition and development of natural gas and crude oil transportation, as well as gathering and processing assets. Tallgrass operates and has participating interests in some of the more strategically important midstream assets in the Bakken and Rockies (for example, the REX and Pony Express lines).
Executives
Frank J Loverro director 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
William R. Moler director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Dehaemers David G Jr director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Osborne Stanley De J director C/O KELSO AND COMPANY, 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002