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Central Energy Partners LP (Central Energy Partners LP) Debt-to-Equity : -1.28 (As of Jun. 2015)


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

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 Total Stockholders Equity for the quarter that ended in Jun. 2015 was $-1.85 Mil. Central Energy Partners LP's debt to equity for the quarter that ended in Jun. 2015 was -1.28.

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

ENGY's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Central Energy Partners LP Debt-to-Equity Historical Data

The historical data trend for Central Energy 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.

Central Energy Partners LP Debt-to-Equity Chart

Central Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 2.83 - -7.09 -3.90

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-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 -2.75 -3.90 -2.04 -1.28 -0.36

Competitive Comparison of Central Energy Partners LP's Debt-to-Equity

For the Oil & Gas Midstream subindustry, Central Energy 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.


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

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

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



Central Energy Partners LP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Central Energy Partners LP's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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.


Central Energy Partners LP  (GREY:ENGY) 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.


Central Energy Partners LP Debt-to-Equity Related Terms

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


Central Energy Partners LP (Central Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Alan D Bell director C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Ian T Bothwell officer: EVP, CFO & Secretary 77 530 ENFIELD LANE, BLDG D, PALM DESERT CA 92211
David M. Laney director 901 MAIN STREET, SUITE 3601, DALLAS TX 75202
Jerry V Swank director 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Daniel L Spears director C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206
Imad K. Anbouba director, officer: General Partner 10440 N CENTRAL EXPWAY, SUITE 1010, DALLAS TX 75231
Cushing Mlp Opportunity Fund I, Lp 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Bruce I Raben director 430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Cushing Mlp Asset Management, Lp 10 percent owner 600 NORTH PEARL STREET, SUITE 1205, DALLAS TX 75201
Swank Capital, Llc 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225

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