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Ferrellgas Partners LP (Ferrellgas Partners LP) Equity-to-Asset : -0.52 (As of Jan. 2024)


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What is Ferrellgas Partners LP Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ferrellgas Partners LP's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-838 Mil. Ferrellgas Partners LP's Total Assets for the quarter that ended in Jan. 2024 was $1,621 Mil. Therefore, Ferrellgas Partners LP's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was -0.52.

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

FGPR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.9   Med: -0.47   Max: 0.08
Current: -0.52

During the past 13 years, the highest Equity to Asset Ratio of Ferrellgas Partners LP was 0.08. The lowest was -0.90. And the median was -0.47.

FGPR's Equity-to-Asset is ranked worse than
94.95% of 1089 companies
in the Oil & Gas industry
Industry Median: 0.5 vs FGPR: -0.52

Ferrellgas Partners LP Equity-to-Asset Historical Data

The historical data trend for Ferrellgas 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.

Ferrellgas Partners LP Equity-to-Asset Chart

Ferrellgas Partners LP Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -0.72 -0.10 -0.14 -0.16

Ferrellgas Partners LP Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset 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 -0.53 -0.55 -0.16 -0.64 -0.52

Competitive Comparison of Ferrellgas Partners LP's Equity-to-Asset

For the Oil & Gas Refining & Marketing subindustry, Ferrellgas 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.


Ferrellgas Partners LP's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ferrellgas Partners LP's Equity-to-Asset falls into.



Ferrellgas 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.

Ferrellgas Partners LP's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )=Total Stockholders Equity/Total Assets
=-240.249/1531.403
=-0.16

Ferrellgas Partners LP's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-838.008/1620.953
=-0.52

* 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.


Ferrellgas Partners LP  (OTCPK:FGPR) 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%.


Ferrellgas Partners LP Equity-to-Asset Related Terms

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


Ferrellgas Partners LP (Ferrellgas Partners LP) Business Description

Traded in Other Exchanges
Address
One Liberty Plaza, Liberty, MO, USA, 64068
Ferrellgas Partners LP operates as a propane distributor. Its operations primarily 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 primarily through the distribution of propane, as well as through the sale of propane related equipment and supplies.
Executives
Allen G Jones officer: VP Legal & General Counsel C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Joe Eby director 13795 S. MUR-LEN RD, STE. 301, OLATHE MO 66062
Michael E Cole officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Dhiraj Cherian officer: Chief Financial Officer C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Edward Newberry director C/O FERRELLGAS, INC., ONE LIBERTY PLAZA, LIBERTY MO 64068
Ares Management Holdings L.p. director 2000 AVENUE OF THE STARS, 12TH FL, LOS ANGELES CA 90067
Craig Snyder director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Corp director 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Carney Hawks director C/O EXTRACTION OIL & GAS, 370 17TH STREET, SUITE 5300, DENVER CO 80202
Ares Management Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Voting Llc director C/O ARES MGMT, 2000 AVE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Management Gp Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Ares Partners Holdco Llc director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
Brian Herrmann officer: Interim CFO ONE LIBERTY PLAZA, LIBERTY MO 64068

Ferrellgas Partners LP (Ferrellgas Partners LP) Headlines