Energy Transfer Lp Stock Current Ratio
ET-PI Stock | 11.97 0.01 0.08% |
Energy Transfer LP fundamentals help investors to digest information that contributes to Energy Transfer's financial success or failures. It also enables traders to predict the movement of Energy Stock. The fundamental analysis module provides a way to measure Energy Transfer's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Energy Transfer stock.
Last Reported | Projected for Next Year | ||
Current Ratio | 1.10 | 1.18 |
Energy | Current Ratio |
Energy Transfer LP Company Current Ratio Analysis
Energy Transfer's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current Energy Transfer Current Ratio | 1.18 |
Most of Energy Transfer's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Energy Transfer LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Energy Current Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Energy Transfer is extremely important. It helps to project a fair market value of Energy Stock properly, considering its historical fundamentals such as Current Ratio. Since Energy Transfer's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Energy Transfer's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Energy Transfer's interrelated accounts and indicators.
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Energy Current Ratio Historical Pattern
Today, most investors in Energy Transfer Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Energy Transfer's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Energy Transfer current ratio as a starting point in their analysis.
Energy Transfer Current Ratio |
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Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
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Energy Price To Sales Ratio
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Energy Current Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Energy Transfer's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Energy Transfer could also be used in its relative valuation, which is a method of valuing Energy Transfer by comparing valuation metrics of similar companies.Energy Transfer is currently under evaluation in current ratio category among its peers.
Energy Fundamentals
Return On Equity | 0.15 | |||
Return On Asset | 0.0489 | |||
Profit Margin | 0.06 % | |||
Operating Margin | 0.10 % | |||
Current Valuation | 115.96 B | |||
Shares Owned By Institutions | 3.16 % | |||
Number Of Shares Shorted | 13.06 K | |||
Revenue | 78.59 B | |||
EBITDA | 12.56 B | |||
Net Income | 5.29 B | |||
Total Debt | 53.22 B | |||
Book Value Per Share | 9.16 X | |||
Cash Flow From Operations | 9.55 B | |||
Short Ratio | 0.07 X | |||
Number Of Employees | 13.79 K | |||
Beta | 1.64 | |||
Total Asset | 113.7 B | |||
Retained Earnings | (36.66 B) | |||
Working Capital | 1.16 B | |||
Annual Yield | 0.07 % | |||
Net Asset | 113.7 B | |||
Last Dividend Paid | 1.27 |
About Energy Transfer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Energy Transfer LP's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Energy Transfer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Energy Transfer LP based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Energy Transfer LP is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Energy Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Energy Transfer Lp Stock. Highlighted below are key reports to facilitate an investment decision about Energy Transfer Lp Stock:Check out Energy Transfer Piotroski F Score and Energy Transfer Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.