Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Alon USA Partners LP's Total Stockholders Equity for the quarter that ended in Sep. 2017 was $663 Mil. Alon USA Partners LP's Total Assets for the quarter that ended in Sep. 2017 was $1,498 Mil.
Therefore, Alon USA Partners LP's Equity to Asset Ratio for the quarter that ended in Sep. 2017 was 0.44.
The historical rank and industry rank for Alon USA Partners LP's Equity-to-Asset or its related term are showing as below:
ALDW's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.51 * Ranked among companies with meaningful Equity-to-Asset only.
Alon USA Partners LP Equity-to-Asset Historical Data
The historical data trend for Alon USA 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.
Competitive Comparison of Alon USA Partners LP's Equity-to-Asset
For the Oil & Gas Refining & Marketing subindustry, Alon USA 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.
Alon USA Partners LP's Equity-to-Asset Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Alon USA Partners LP's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Alon USA Partners LP's Equity-to-Asset falls into.
Alon USA 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.
Alon USA Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 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.
Alon USA Partners LP (NYSE:ALDW) 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%.
Alon USA Partners LP Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Alon USA Partners LP's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Alon USA Partners LP (Alon USA Partners LP) Business Description
Alon USA Partners LP is engaged principally in the business of operating a crude oil refinery in Big Spring, Texas. The company refines crude oil into finished products, which it markets primarily in Central and West Texas, Oklahoma, New Mexico and Arizona, through its integrated wholesale distribution network to retail convenience stores and other third-party distributors. Its refinery produces ultra-low sulfur gasoline, ultra-low sulfur diesel, jet fuel, petrochemicals, petrochemical feedstocks, asphalt and other petroleum products. Substantially most of the revenues for the group are derived from the sale of refined products.
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