Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Enterprise Products Partners LP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $27,673 Mil. Enterprise Products Partners LP's Total Assets for the quarter that ended in Dec. 2023 was $70,982 Mil.
Therefore, Enterprise Products Partners LP's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.
The historical rank and industry rank for Enterprise Products Partners LP's Equity-to-Asset or its related term are showing as below:
EPD'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.4 Max: 0.42
Current: 0.39
During the past 13 years, the highest Equity to Asset Ratio of Enterprise Products Partners LP was 0.42. The lowest was 0.38. And the median was 0.40.
EPD's Equity-to-Asset is ranked worse than 64.71% of 1088
companies
in the Oil & Gas industry
Industry Median: 0.51
vs EPD: 0.39
Enterprise Products Partners LP Equity-to-Asset Historical Data
The historical data trend for Enterprise Products 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.
For the Oil & Gas Midstream subindustry, Enterprise Products 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.
Enterprise Products Partners LP Equity-to-Asset Distribution
For the Oil & Gas industry and Energy sector, Enterprise Products Partners LP's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Enterprise Products Partners LP's Equity-to-Asset falls into.
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.
Enterprise Products Partners LP's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 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.
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%.
Enterprise Products Partners LP Equity-to-Asset Related Terms
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Enterprise Products Partners LP (Enterprise Products Partners LP) Business Description
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the Lower 48 states. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
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