Teekay LNG Partners LP (Teekay LNG Partners LP) Gross-Profit-to-Asset % : 5.58% (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Teekay LNG Partners LP Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Teekay LNG Partners LP's annualized Gross Profit for the quarter that ended in Dec. 2023 was $319.2 Mil. Teekay LNG Partners LP's average Total Assets over the quarter that ended in Dec. 2023 was $5,720.4 Mil. Therefore, Teekay LNG Partners LP's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 5.58%.

Teekay LNG Partners LP Gross-Profit-to-Asset % Historical Data

The historical data trend for Teekay LNG Partners LP's Gross-Profit-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.

Teekay LNG Partners LP Gross-Profit-to-Asset % Chart

Teekay LNG Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

5.77

5.92

6.02

4.92

5.57

Teekay LNG Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															5.43	5.62	5.70	5.21	5.58

Competitive Comparison of Teekay LNG Partners LP's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, Teekay LNG Partners LP's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-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.

Teekay LNG Partners LP's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay LNG Partners LP's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Teekay LNG Partners LP's Gross-Profit-to-Asset % falls into.

Teekay LNG Partners LP Gross-Profit-to-Asset % Calculation

Teekay LNG Partners LP's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	318.186	/	( (5768.695	+	5661.601)	/ 2 )
	=	318.186	/	5715.148
	=	5.57 %

Teekay LNG Partners LP's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	319.204	/	( (5779.199	+	5661.601)	/ 2 )
	=	319.204	/	5720.4
	=	5.58 %

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Teekay LNG Partners LP Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Teekay LNG Partners LP's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Teekay LNG Partners LP (Teekay LNG Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay LNG Partners LP (NYSE:TGP) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

SEALpB.PFD:USA SEALpA.PFD:USA

Address

550 Burrard Street, Suite 2000, Bentall 5, Vancouver, BC, CAN, V6C 2K2

Website

https://www.seapeak.com

Seapeak LLC is a provider of marine transportation services for liquefied natural gas, liquefied petroleum gas and crude oil. The company operates into two segments namely: the LNG segment and the NGL segment. The Company has renamed its LPG segment as the NGL segment. LNG segment consists of LNG carriers which generally operate under long-term, fixed-rate charters to international energy companies. NGL segment consists of LPG, Ethane and multi-gas carriers which generally operate under voyage charters or time charters. It derives maximum revenue from the LNG segment. The majority of these services are provided through either a time charter, voyage charter, and bareboat charter contract.