BP Midstream Partners LP (BP Midstream Partners LP) Liabilities-to-Assets : 0.66 (As of Dec. 2021)

BP Midstream Partners LP Liabilities-to-Assets Chart

BP Midstream Partners LP Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Liabilities-to-Assets	Get a 7-Day Free Trial															0.66	0.65	0.65	0.66	0.66

Competitive Comparison of BP Midstream Partners LP's Liabilities-to-Assets

For the Oil & Gas Midstream subindustry, BP Midstream 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.

BP Midstream Partners LP's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

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

BP Midstream 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.

BP Midstream Partners LP's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

BP Midstream Partners LP's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2021 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.

BP Midstream Partners LP  (NYSE:BPMP) 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.

BP Midstream Partners LP Liabilities-to-Assets Related Terms

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BP Midstream Partners LP (BP Midstream Partners LP) Business Description