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Spectra Energy Partners LP (STU:SEZ) Liabilities-to-Assets : 0.46 (As of Sep. 2018)


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What is Spectra Energy Partners LP Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Spectra Energy Partners LP's Total Liabilities for the quarter that ended in Sep. 2018 was €8,921 Mil. Spectra Energy Partners LP's Total Assets for the quarter that ended in Sep. 2018 was €19,206 Mil. Therefore, Spectra Energy Partners LP's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 was 0.46.


Spectra Energy Partners LP Liabilities-to-Assets Historical Data

The historical data trend for Spectra Energy Partners LP's Liabilities-to-Assets 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.

Spectra Energy Partners LP Liabilities-to-Assets Chart

Spectra Energy Partners LP Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.38 0.40 0.38 0.46

Spectra Energy Partners LP Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Liabilities-to-Assets 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 0.41 0.46 0.46 0.45 0.46

Competitive Comparison of Spectra Energy Partners LP's Liabilities-to-Assets

For the Oil & Gas Midstream subindustry, Spectra Energy Partners LP's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Spectra Energy Partners LP's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Spectra Energy Partners LP's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Spectra Energy Partners LP's Liabilities-to-Assets falls into.



Spectra Energy Partners LP Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Spectra Energy Partners LP's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=8580.975/18637.32
=0.46

Spectra Energy Partners LP's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2018 is calculated as

Liabilities-to-Assets (Q: Sep. 2018 )=Total Liabilities/Total Assets
=8920.513/19206.227
=0.46

* 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.


Spectra Energy Partners LP  (STU:SEZ) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Spectra Energy Partners LP Liabilities-to-Assets Related Terms

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Spectra Energy Partners LP (STU:SEZ) Business Description

Traded in Other Exchanges
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Address
Spectra Energy Partners is a master limited partnership that is majority owned by its general partner and corporate parent, Enbridge, a Canadian energy company. SEP owns more than 15,000 miles of natural gas and oil pipelines in the U.S. and Canada. It also owns 170 billion cubic feet of gas storage and 5.6 million barrels of crude oil storage, as well as gas- and oil-gathering facilities.

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