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NuStar Energy LP (NuStar Energy LP) Debt-to-Equity : 3.27 (As of Dec. 2023)


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What is NuStar Energy LP Debt-to-Equity?

NuStar Energy LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11 Mil. NuStar Energy LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,410 Mil. NuStar Energy LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,046 Mil. NuStar Energy LP's debt to equity for the quarter that ended in Dec. 2023 was 3.27.

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 NuStar Energy LP's Debt-to-Equity or its related term are showing as below:

NS' s Debt-to-Equity Range Over the Past 10 Years
Min: -1734.09   Med: 1.94   Max: 3.27
Current: 3.27

During the past 13 years, the highest Debt-to-Equity Ratio of NuStar Energy LP was 3.27. The lowest was -1734.09. And the median was 1.94.

NS's Debt-to-Equity is ranked worse than
95.3% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs NS: 3.27

NuStar Energy LP Debt-to-Equity Historical Data

The historical data trend for NuStar Energy 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.

NuStar Energy LP Debt-to-Equity Chart

NuStar Energy LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 2.93 2.00 2.45 3.27

NuStar Energy 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 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 2.45 2.26 3.02 3.27 3.27

Competitive Comparison of NuStar Energy LP's Debt-to-Equity

For the Oil & Gas Midstream subindustry, NuStar Energy 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.


NuStar Energy LP's Debt-to-Equity Distribution in the Oil & Gas Industry

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

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



NuStar Energy LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

NuStar Energy 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.


NuStar Energy LP  (NYSE:NS) 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.


NuStar Energy LP Debt-to-Equity Related Terms

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


NuStar Energy LP (NuStar Energy LP) Business Description

Traded in Other Exchanges
Address
19003 IH-10 West, San Antonio, TX, USA, 78257
NuStar Energy LP is a US-based pipeline and terminal operator. The company along with its subsidiaries is engaged in the transportation of petroleum products and anhydrous ammonia; the terminalling and storage of crude oil and specialty chemicals, and the marketing of petroleum products. Its business is organized into the segments of; Pipeline, Storage, and Fuels Marketing. Geographically, the company operates in the United States and Foreign and derives key revenue from the Pipeline business.
Executives
Suzanne Allford Wade director 19003 IH-10W, SAN ANTONIO TX 78257
William E Greehey director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Martin Salinas director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Eddie Arthur Grier director 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Daniel S. Oliver officer: SVP-Marketing and Bus Dev 19003 IH-10 WEST, SAN ANTONIO TX 78257
Del Alamo Jorge A. officer: SVP and Controller 19003 IH-10 WEST, SAN ANTONIO TX 78257
Dan J Hill director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Jelynne Leblanc-burley director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Jesse D Bates director 19003 IH-10 WEST, SAN ANTONIO TX 78257
William Grady Rosier director 1111 MILLCREEK DRIVE, SALADO TX 76571
Robert J Munch director 19003 IH-10 W, SAN ANTONIO TX 78257
Mary Rose Brown officer: EVP - Administration 19003 IH-10 WEST, SAN ANTONIO TX 78257
Bradley C Barron officer: EVP & General Counsel 19003 IH-10 WEST, SAN ANTONIO TX 78257
William B Burnett director 19003 IH-10 WEST, SAN ANTONIO TX 78257
Thomas R Shoaf officer: SVP & Controller 19003 IH-10 WEST, SAN ANTONIO TX 78257