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Western Midstream Partners LP (NYSE:WES) Equity-to-Asset

: 0.25 (As of Sep. 2022)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Western Midstream Partners LP's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $2,868 Mil. Western Midstream Partners LP's Total Assets for the quarter that ended in Sep. 2022 was $11,473 Mil. Therefore, Western Midstream Partners LP's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.25.

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

WES' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.2   Max: 0.72
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of Western Midstream Partners LP was 0.72. The lowest was 0.04. And the median was 0.20.

WES's Equity-to-Asset is ranked worse than
76.99% of 1082 companies
in the Oil & Gas industry
Industry Median: 0.48 vs WES: 0.25

Western Midstream Partners LP Equity-to-Asset Historical Data

The historical data trend for Western 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.

* Premium members only.

Western Midstream Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.20 0.26 0.23 0.26

Western Midstream Partners LP Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only 0.26 0.26 0.27 0.28 0.25

Competitive Comparison

For the Oil & Gas Midstream subindustry, Western 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.

   

Western Midstream Partners LP Equity-to-Asset Distribution

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

* The bar in red indicates where Western Midstream Partners LP's Equity-to-Asset falls in comparison to its industry or sector. The grey bar indicates the Equity-to-Asset's extreme value range as defined by GuruFocus.



Western 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.

Western Midstream Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=2958.073/11273.079
=0.26

Western Midstream Partners LP's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=2867.553/11472.582
=0.25

* 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.


Western Midstream Partners LP  (NYSE:WES) 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%.


Western Midstream Partners LP Equity-to-Asset Related Terms

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


Western Midstream Partners LP (NYSE:WES) Business Description

Western Midstream Partners LP logo
Traded in Other Exchanges
N/A
Address
9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380
Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
Executives
Michael S. Forsyth officer: SVP, North Operations 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Daniel P. Holderman officer: SVP Co-Chief Operating Officer 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Kristen S. Shults officer: SVP & Chief Financial Officer 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Frederick A. Forthuber director 9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Anadarko Ush1 Corp 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Anadarko Holding Co 10 percent owner 5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Craig W Collins officer: SVP & Chief Operating Officer 15021 KATY FREEWAY, SUITE 400, HOUSTON TX 77094
Charles G. Griffie officer: SVP, Ops and Engineering 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Catherine A. Green officer: VP & Chief Accounting Officer 1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Christopher B. Dial officer: SVP, GC and Secretary 2103 CITYWEST BLVD., BUILDING 4, SUITE 800, HOUSTON TX 77042
Lisa A Stewart director EL PASO CORPORATION, 1001 LOUISIANA STREET, HOUSTON TX 77002
Robert W. Bourne officer: SVP & Chief Commercial Officer 1400 16TH STREET, SUITE 310, DENVER CO 80202
Kenneth F. Owen director 15631 JACINTOPORT BLVD., HOUSTON TX 77015
David J Schulte director 233 WEST 47TH ST., KANSAS CITY MO 64112
Nicole E. Clark director 9950 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380

Western Midstream Partners LP (NYSE:WES) Headlines

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