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NRP (Natural Resources Partners LP) Equity-to-Asset : 0.66 (As of Sep. 2024)


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What is Natural Resources Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Natural Resources Partners LP's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $517.2 Mil. Natural Resources Partners LP's Total Assets for the quarter that ended in Sep. 2024 was $789.9 Mil. Therefore, Natural Resources Partners LP's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.66.

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

NRP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0   Med: 0.41   Max: 0.73
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Natural Resources Partners LP was 0.73. The lowest was 0.00. And the median was 0.41.

NRP's Equity-to-Asset is ranked better than
55.43% of 184 companies
in the Other Energy Sources industry
Industry Median: 0.615 vs NRP: 0.66

Natural Resources Partners LP Equity-to-Asset Historical Data

The historical data trend for Natural Resources 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.

* Premium members only.

Natural Resources Partners LP Equity-to-Asset Chart

Natural Resources Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 - 0.46 0.73 0.73

Natural Resources Partners LP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.68 0.73 0.68 0.66 0.66

Competitive Comparison of Natural Resources Partners LP's Equity-to-Asset

For the Thermal Coal subindustry, Natural Resources 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.


Natural Resources Partners LP's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Equity-to-Asset distribution charts can be found below:

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



Natural Resources 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.

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

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=578.235/797.876
=0.72

Natural Resources Partners LP's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=517.193/789.865
=0.65

* 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.


Natural Resources Partners LP  (NYSE:NRP) 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%.


Natural Resources Partners LP Equity-to-Asset Related Terms

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


Natural Resources Partners LP Business Description

Traded in Other Exchanges
N/A
Address
1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. the majority of the revenue is generated from the Mineral Rights segment. The business activity of the group functions through the United States.
Executives
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Philip T Warman officer: General Counsel & Secretary 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73102-6406
Alexander David Greene director 3200 INDUSTRIAL PARK ROAD, VAN BUREN AR 72956
Galdino J. Claro director 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Perry W Donahoo officer: CEO of VantaCore 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Jennifer Lauren Odinet officer: Chief Accounting Officer 1201 LOUISIANA, SUITE 3400, HOUSTON TX 77002
Kevin J Craig officer: VP of Business Development PO BOX 2827, HUNTINGTON WV 25727
Jasvinder Khaira director 1201 LOUISIANA STREET, SUITE 3400, HOUSTON TX 77002
Premium Resources, Llc 10 percent owner 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Jackson Leon George Iii director 235 MARLBERRY CIRCLE, JUPITER FL 33458
David M Hartz officer: VP, Oil and Gas 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Richard A Navarre director 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Christopher Zolas officer: Chief Accounting Officer 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002
Craig W Nunez officer: CFO and Treasurer 1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Dennis F Coker officer: Vice President - Aggregates 601 JEFFERSON STREET, SUITE 3600, HOUSTON TX 77002