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CrossAmerica Partners LP (CrossAmerica Partners LP) Debt-to-Equity

: 302.79 (As of Dec. 2023)
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CrossAmerica Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $38 Mil. CrossAmerica Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $873 Mil. CrossAmerica Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3 Mil. CrossAmerica Partners LP's debt to equity for the quarter that ended in Dec. 2023 was 302.78.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for CrossAmerica Partners LP's Debt-to-Equity or its related term are showing as below:

CAPL' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.49   Med: 7.42   Max: 1877
Current: 302.79

During the past 13 years, the highest Debt-to-Equity Ratio of CrossAmerica Partners LP was 1877.00. The lowest was 1.49. And the median was 7.42.

CAPL's Debt-to-Equity is ranked worse than
100% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs CAPL: 302.79

CrossAmerica Partners LP Debt-to-Equity Historical Data

The historical data trend for CrossAmerica Partners LP's Debt-to-Equity 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.

CrossAmerica Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.43 6.41 17.62 17.81 302.79

CrossAmerica Partners LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 17.81 32.84 32.65 41.52 302.79

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, CrossAmerica Partners LP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


CrossAmerica Partners LP Debt-to-Equity Distribution

For the Oil & Gas industry and Energy sector, CrossAmerica Partners LP's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where CrossAmerica Partners LP's Debt-to-Equity falls into.



CrossAmerica Partners LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CrossAmerica Partners LP's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

CrossAmerica Partners LP's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


CrossAmerica Partners LP  (NYSE:CAPL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


CrossAmerica Partners LP Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of CrossAmerica Partners LP's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


CrossAmerica Partners LP (CrossAmerica Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
645 Hamilton Street, Suite 400, Allentown, PA, USA, 18101
CrossAmerica Partners LP is a US-based limited partnership which is engaged in the wholesale distribution of motor fuel and the ownership and leasing of real estate used in the retail distribution of motor fuel. The company operates through two business segments namely Wholesale and Retail. The Wholesale segment is a key revenue driver, includes the wholesale distribution of motor fuel to lessee dealers, independent dealers, commission agents, DMS, Circle K and through company operated retail sites. The Retail segment includes the sale of convenience merchandise items, the retail sale of motor fuel at company-operated retail sites and the retail sale of motor fuel at retail sites operated by commission agents.
Executives
Topper Joseph V. Jr. director, 10 percent owner 702 WEST HAMILTON STREET, SUITE 203, ALLENTOWN PA 18101
Robert Brecker officer: Executive Vice Pres Operations 107 SACRAMENTO DRIVE, QUAKERTOWN PA 18951
Stephen J Lattig officer: Senior Vice President Retail 6109 COTTONWOOD LANE, BLACKSHEAR GA 31516
Thomas E Kelso director 14921 OLD YORK ROAD, PHOENIX MD 21131
Matthew Evan Naylor officer: Senior Vice President Retail 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Mickey Kim director 500 S. COUNTRY CLUB ROAD, COLUMBUS IN 47201
2008 Irrevocable Agreement Of Trust Of John B Reilly Jr 10 percent owner 1577 SAUCON VALLEY ROAD, BETHLEHEM PA 18105
Dunne Manning Cap Holdings I Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Reilly John B. Iii director ONE SAUCON VIEW DRIVE, BETHLEHEM PA 18015
Eric M Javidi officer: Chief Financial Officer 500 TECHNOLOGY DRIVE, 2ND FLOOR, CANONSBURG PA 15317
Maura Topper director 1762 ARDEN LANE, BETHLEHEM PA 18015
Keenan D Lynch director, officer: Corporate Secretary 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Patricia Dunne Topper Trust 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dm Partners Management Co. Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101
Dunne Manning Partners Llc 10 percent owner 645 HAMILTON STREET, SUITE 500, ALLENTOWN PA 18101

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