FGPRB (Ferrellgas Partners LP) LT-Debt-to-Total-Asset : 0.98 (As of Jan. 2025)

View and export this data going back to 2021. Start your Free Trial

What is Ferrellgas Partners LP LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Ferrellgas Partners LP's long-term debt to total assests ratio for the quarter that ended in Jan. 2025 was 0.98.

Ferrellgas Partners LP's long-term debt to total assets ratio increased from Jan. 2024 (0.92) to Jan. 2025 (0.98). It may suggest that Ferrellgas Partners LP is progressively becoming more dependent on debt to grow their business.

Ferrellgas Partners LP LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ferrellgas Partners LP's LT-Debt-to-Total-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.

Ferrellgas Partners LP LT-Debt-to-Total-Asset Chart

Ferrellgas Partners LP Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

1.04

0.88

0.93

0.97

1.02

Ferrellgas Partners LP Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.92	1.00	1.02	1.05	0.98

Ferrellgas Partners LP LT-Debt-to-Total-Asset Calculation

Ferrellgas Partners LP's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	1487.014	/	1458.75
	=	1.02

Ferrellgas Partners LP's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jan. 2025 is calculated as

LT Debt to Total Assets (Q: Jan. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jan. 2025 )	/	Total Assets (Q: Jan. 2025 )
	=	1484.664	/	1518.965
	=	0.98

Ferrellgas Partners LP (OTCPK:FGPRB) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Ferrellgas Partners LP LT-Debt-to-Total-Asset Related Terms

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

Ferrellgas Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ferrellgas Partners LP (OTCPK:FGPRB) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

FGPR:USA

Address

One Liberty Plaza, Liberty, MO, USA, 64068

Website

https://www.ferrellgas.com

Ferrellgas Partners LP operates as a propane distributor. Its operations include the distribution and sale of propane and related equipment and supplies within the Midwest, Southeast, Southwest, and Northwest regions of the United States. The firm caters to residential, industrial, commercial, portable tank exchange, agricultural, wholesale and other, customers. Ferrellgas earns revenue through the distribution of propane, as well as through the sale of propane related equipment and supplies.