MMLP (Martin Midstream Partners LP) Equity-to-Asset: -0.17 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MMLP Martin Midstream Partners LP MMLP
49 GF Score
Price $2.38
GF Value $2.91
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Martin Midstream Partners LP Equity-to-Asset?

Martin Midstream Partners LP MMLP -0.59% 49 Equity-to-Asset is -0.17 as of Jun. 2026. GuruFocus rates MMLP with a GF Score™ of 49/100 and a GF Value™ of $2.91 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,027 Oil & Gas companies, Martin Midstream Partners LP ranks worse than 93.09% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Martin Midstream Partners LP's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $-90.2 Mil. Martin Midstream Partners LP's Total Assets for the quarter that ended in Jun. 2026 was $547.4 Mil. Therefore, Martin Midstream Partners LP's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was -0.17.

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

MMLP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.17   Med: -0.08   Max: 0.29
Current: -0.17

During the past 13 years, the highest Equity to Asset Ratio of Martin Midstream Partners LP was 0.29. The lowest was -0.17. And the median was -0.08.

MMLP's Equity-to-Asset is ranked worse than
93.09% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.49 vs MMLP: -0.17

Martin Midstream Partners LP  (NAS:MMLP) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Martin Midstream Partners LP Equity-to-Asset Related Terms


Martin Midstream Partners LP Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Martin Midstream Partners LP's Equity-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.

Martin Midstream Partners LP Equity-to-Asset Chart

Martin Midstream Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 -0.10 -0.13 -0.13 -0.16

Martin Midstream Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-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 -0.14 -0.16 -0.16 -0.17 -0.17

MMLP vs NFE, DLNG, PXS: Equity-to-Asset Comparison

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


Martin Midstream Partners LP Equity-to-Asset vs Oil & Gas Industry

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

* The bar in red indicates where Martin Midstream Partners LP's Equity-to-Asset falls into.


MMLP
49GF Score
Martin Midstream Partners LP MMLP
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martin Midstream Partners LP Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Martin Midstream Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=-85.795/522.418
=-0.16

Martin Midstream Partners LP's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=-90.213/547.433
=-0.16

* 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 Equity-to-Asset →
What does a Equity-to-Asset of -0.17 mean?
Martin Midstream Partners LP (MMLP) has a Equity-to-Asset of -0.17 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Martin Midstream Partners LP and its competitors. According to the industry distribution chart, Martin Midstream Partners LP ranks #956 out of 1027 companies in the Oil & Gas industry, placing it in the top 93.1%.
Is Martin Midstream Partners LP's Equity-to-Asset too high?
Martin Midstream Partners LP's current Equity-to-Asset is -0.17. Based on the distribution chart, Martin Midstream Partners LP ranks #956 out of 1027 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Martin Midstream Partners LP has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Midstream Partners LP's Equity-to-Asset compare to NFE and DLNG?
According to the Oil & Gas industry distribution chart, Martin Midstream Partners LP ranks #956 out of 1027 companies for Equity-to-Asset. This places Martin Midstream Partners LP in the lower half of its industry. The industry median Equity-to-Asset is 0.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Martin Midstream Partners LP and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Midstream Partners LP's current Equity-to-Asset is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Midstream Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Martin Midstream Partners LP (MMLP) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.91, compared to a current price of $2.38 — trading 18.4% below its estimated fair value. The current Equity-to-Asset is -0.17. Martin Midstream Partners LP's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Martin Midstream Partners LP (MMLP), the current Equity-to-Asset is -0.17 as of Jun. 2026. 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.

Is Martin Midstream Partners LP (MMLP) Overvalued in 2026?

Based on GuruFocus' analysis, Martin Midstream Partners LP stock appears to be undervalued. The current stock price of $2.38 is trading 18.4% below its estimated GF Value™ of $2.91. GuruFocus considers Martin Midstream Partners LP to be Modestly Undervalued.

Key valuation signals for MMLP:

  • Equity-to-Asset: -0.17
  • GF Value™: $2.91 vs. price of $2.38 (18.4% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the MMLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Martin Midstream Partners LP Business Description

Industry EnergyOil & Gas
Address 4200 Stone Road, Kilgore, TX, USA, 75662
Martin Midstream Partners LP has a diverse set of operations focused on the United States Gulf Coast region. The company's business lines include terminalling, processing, storage, and packaging services for petroleum products and by-products, including the refining of naphthenic crude oil; land and marine transportation services for petroleum products and by-products, chemicals, and specialty products; sulfur and sulfur-based products processing, manufacturing, marketing, and distribution; and natural gas liquids marketing, distribution and transportation services. The company operates in four segment Terminalling and storage, Transportation, Sulfur service, and Specialty products segment. The majority of the revenue is derived from the Specialty products segment.
49GF Score

Get the complete analysis for MMLP

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.38
Price
$2.91
GF Value