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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) Equity-to-Asset : 0.36 (As of Mar. 2018)


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What is Tallgrass Energy Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tallgrass Energy Partners LP's Total Stockholders Equity for the quarter that ended in Mar. 2018 was $1,511.5 Mil. Tallgrass Energy Partners LP's Total Assets for the quarter that ended in Mar. 2018 was $4,190.9 Mil. Therefore, Tallgrass Energy Partners LP's Equity to Asset Ratio for the quarter that ended in Mar. 2018 was 0.36.

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

TEP'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.

Tallgrass Energy Partners LP Equity-to-Asset Historical Data

The historical data trend for Tallgrass Energy 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.

Tallgrass Energy Partners LP Equity-to-Asset Chart

Tallgrass Energy Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial 0.61 0.42 0.50 0.49 0.37

Tallgrass Energy Partners LP Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 0.40 0.38 0.38 0.37 0.36

Competitive Comparison of Tallgrass Energy Partners LP's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Tallgrass Energy 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.


Tallgrass Energy Partners LP's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Tallgrass Energy 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.

Tallgrass Energy Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=1483.779/3977.353
=0.37

Tallgrass Energy Partners LP's Equity to Asset Ratio for the quarter that ended in Mar. 2018 is calculated as

Equity to Asset (Q: Mar. 2018 )=Total Stockholders Equity/Total Assets
=1511.5/4190.879
=0.36

* 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.


Tallgrass Energy Partners LP  (NYSE:TEP) 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%.


Tallgrass Energy Partners LP Equity-to-Asset Related Terms

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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Partners is a young master limited partnership that focuses opportunistically on growth through acquisition and development of natural gas and crude oil transportation, as well as gathering and processing assets. Tallgrass operates and has participating interests in some of the more strategically important midstream assets in the Bakken and Rockies (for example, the REX and Pony Express lines).
Executives
Frank J Loverro director 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
William R. Moler director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Dehaemers David G Jr director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Osborne Stanley De J director C/O KELSO AND COMPANY, 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002