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Energy Transfer Operating LP (Energy Transfer Operating LP) Equity-to-Asset : 0.26 (As of Dec. 2020)


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What is Energy Transfer Operating LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Energy Transfer Operating LP's Total Stockholders Equity for the quarter that ended in Dec. 2020 was $24,854 Mil. Energy Transfer Operating LP's Total Assets for the quarter that ended in Dec. 2020 was $96,742 Mil. Therefore, Energy Transfer Operating LP's Equity to Asset Ratio for the quarter that ended in Dec. 2020 was 0.26.

The historical rank and industry rank for Energy Transfer Operating LP's Equity-to-Asset or its related term are showing as below:

ETP' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.04   Med: 0.27   Max: 0.39
Current: 0.26

During the past 13 years, the highest Equity to Asset Ratio of Energy Transfer Operating LP was 0.39. The lowest was -0.04. And the median was 0.27.

ETP's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.505 vs ETP: 0.26

Energy Transfer Operating LP Equity-to-Asset Historical Data

The historical data trend for Energy Transfer Operating 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.

Energy Transfer Operating LP Equity-to-Asset Chart

Energy Transfer Operating LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.33 0.33 0.27 0.26

Energy Transfer Operating LP Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.27 0.28 0.28 0.26 0.26

Competitive Comparison of Energy Transfer Operating LP's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Energy Transfer Operating 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.


Energy Transfer Operating LP's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Energy Transfer Operating LP's Equity-to-Asset falls into.



Energy Transfer Operating 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.

Energy Transfer Operating LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=24854/96742
=0.26

Energy Transfer Operating LP's Equity to Asset Ratio for the quarter that ended in Dec. 2020 is calculated as

Equity to Asset (Q: Dec. 2020 )=Total Stockholders Equity/Total Assets
=24854/96742
=0.26

* 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.


Energy Transfer Operating LP  (NYSE:ETP) 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%.


Energy Transfer Operating LP Equity-to-Asset Related Terms

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


Energy Transfer Operating LP (Energy Transfer Operating LP) Business Description

Traded in Other Exchanges
N/A
Address
8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225
Energy Transfer Operating LP is a diversified midstream energy company in the country with more than 86,000 miles of pipelines traversing approximately 38 states transporting the oil and gas products. Its core operations include transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. The operating business segments of the company are intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USAC, and Other. The crude oil transportation and services segment generates maximum revenue for the company.
Executives
Easter William H Iii director 370 17TH ST, STE 2500, DENVER CO 80202