NGL Historical Balance Sheet

NGL Stock  USD 4.61  0.06  1.32%   
Trend analysis of NGL Energy Partners balance sheet accounts such as Total Current Liabilities of 838.9 M provides information on NGL Energy's total assets, liabilities, and equity, which is the actual value of NGL Energy Partners to its prevalent stockholders. By breaking down trends over time using NGL Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining NGL Energy Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether NGL Energy Partners is a good buy for the upcoming year.

NGL Energy Inventory

232.25 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

About NGL Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of NGL Energy Partners at a specified time, usually calculated after every quarter, six months, or one year. NGL Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of NGL Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which NGL currently owns. An asset can also be divided into two categories, current and non-current.

NGL Energy Balance Sheet Chart

At this time, NGL Energy's Other Current Assets are quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 471 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 2.2 B.

Total Assets

Total assets refers to the total amount of NGL Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in NGL Energy Partners books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on NGL Energy balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of NGL Energy Partners are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from NGL Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into NGL Energy Partners current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
At this time, NGL Energy's Other Current Assets are quite stable compared to the past year. Other Stockholder Equity is expected to rise to about 471 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 2.2 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total3.5B3.0B3.0B2.2B
Total Assets6.1B5.5B5.0B4.6B

NGL Energy balance sheet Correlations

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NGL Energy Account Relationship Matchups

NGL Energy balance sheet Accounts

201920202021202220232024 (projected)
Total Assets6.5B5.9B6.1B5.5B5.0B4.6B
Short Long Term Debt Total3.3B3.5B3.5B3.0B3.0B2.2B
Other Current Liab232.1M112.4M89.0M87.7M196.4M151.7M
Total Current Liabilities845.8M910.8M1.3B1.1B977.3M838.9M
Total Stockholder Equity(385K)(266K)(308K)767.4M1.0B562.4M
Other Liab114.1M114.6M104.3M111.1M127.8M91.0M
Property Plant And Equipment Net3.0B2.9B2.6B2.3B2.2B1.6B
Current Deferred Revenue19.5M11.2M7.9M14.7M17.3M16.2M
Net Debt3.3B3.5B3.5B2.9B2.9B2.2B
Retained Earnings(2.3B)(1.5B)(1.3B)(1.4B)(1.0B)(1.1B)
Accounts Payable532.8M680.0M1.1B927.7M707.6M631.9M
Cash22.7M4.8M3.8M5.4M38.9M40.9M
Non Current Assets Total5.7B4.9B4.5B4.2B3.8B3.5B
Non Currrent Assets Other57.8M47.8M45.8M58.0M52.7M99.2M
Long Term Debt3.1B3.3B3.4B2.9B2.8B2.2B
Cash And Short Term Investments22.7M4.8M3.8M5.4M38.9M40.9M
Net Receivables579.8M735.4M1.1B1.0B815.6M716.7M
Good Will1.1B993.6M744.4M712.4M634.3M835.6M
Common Stock Shares Outstanding127.4M129.0M129.8M131.0M132.1M93.3M
Liabilities And Stockholders Equity4.3B4.5B4.8B4.2B4.0B3.7B
Non Current Liabilities Total3.4B3.5B3.5B3.0B3.0B2.3B
Inventory69.6M158.5M251.3M142.6M130.9M232.2M
Other Current Assets102.0M109.2M159.5M98.1M193.5M203.2M
Other Stockholder Equity385K266K308K(587.1M)448.6M471.0M
Total Liab4.2B4.4B4.8B4.1B4.0B3.1B
Total Current Assets774.1M1.0B1.5B1.3B1.2B1.1B
Accumulated Other Comprehensive Income(385K)(266K)(308K)(450K)(499K)(524.0K)
Short Term Debt61.5M96.3M84.9M68.3M38.1M29.6M
Intangible Assets1.6B1.3B1.1B1.1B940.0M869.7M
Common Stock1.4B582.8M401.5M455.6M134.8M128.1M
Property Plant Equipment2.9B2.7B2.5B2.3B2.7B1.5B
Other Assets72.2M59.9M62.9M49.4M(10.0)(9.5)
Deferred Long Term Liab9.1M9.2M17.1M15.7M18.0M12.6M
Net Tangible Assets(285.0M)(473.6M)(558.9M)(1.3B)(1.2B)(1.1B)
Long Term Debt Total3.1B3.3B3.4B2.9B3.3B2.9B
Non Current Liabilities Other114.1M114.6M104.3M111.2M129.2M116.4M
Long Term Investments23.2M22.7M21.9M21.1M20.3M19.3M

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When determining whether NGL Energy Partners is a strong investment it is important to analyze NGL Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NGL Energy's future performance. For an informed investment choice regarding NGL Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NGL Energy Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NGL Energy. If investors know NGL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NGL Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
(2.34)
Revenue Per Share
50.855
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0357
The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NGL Energy's market value can be influenced by many factors that don't directly affect NGL Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.