ENGY (Central Energy Partners LP) Debt-to-Asset : 0.32 (As of Jun. 2015)

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What is Central Energy Partners LP Debt-to-Asset?

Central Energy Partners LP ENGY Debt-to-Asset is 0.32 as of Jun. 2015.

Central Energy Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $2.38 Mil. Central Energy Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $0.00 Mil. Central Energy Partners LP's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2015 was $7.41 Mil. Central Energy Partners LP's debt to asset for the quarter that ended in Jun. 2015 was 0.32.

Central Energy Partners LP  (OTCPK:ENGY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Central Energy Partners LP Debt-to-Asset Related Terms

Central Energy Partners LP Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Central Energy Partners LP's Debt-to-Asset 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.

Central Energy Partners LP Debt-to-Asset Chart

Central Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.28 0.00 0.29 0.26

Central Energy Partners LP Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Debt-to-Asset 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 0.27 0.26 0.30 0.32 0.78

ENGY vs PGAS, SNMP, MRGE: Debt-to-Asset Comparison

For the Oil & Gas Midstream subindustry, Central Energy Partners LP's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Central Energy Partners LP Debt-to-Asset vs Oil & Gas Industry

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

* The bar in red indicates where Central Energy Partners LP's Debt-to-Asset falls into.


Central Energy Partners LP Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Central Energy Partners LP's Debt-to-Asset for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 2.112) / 8.224
=0.26

Central Energy Partners LP's Debt-to-Asset for the quarter that ended in Jun. 2015 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2.376 + 0) / 7.406
=0.32

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.32 mean?
Central Energy Partners LP (ENGY) has a Debt-to-Asset of 0.32 as of Jun. 2015. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Central Energy Partners LP and its competitors.
Is Central Energy Partners LP's Debt-to-Asset too high?
Central Energy Partners LP's current Debt-to-Asset is 0.32.
How does Central Energy Partners LP's Debt-to-Asset compare to PGAS and SNMP?
Central Energy Partners LP's Debt-to-Asset of 0.32 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Central Energy Partners LP and its competitors. Central Energy Partners LP's current Debt-to-Asset is 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Energy Partners LP stock overvalued right now?
Central Energy Partners LP (ENGY) has a current Debt-to-Asset of 0.32. The current Debt-to-Asset is 0.32. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Central Energy Partners LP (ENGY), the current Debt-to-Asset is 0.32 as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Central Energy Partners LP Business Description

Industry EnergyOil & Gas
Address 4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205
Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.