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Energy Transfer Lp's Working Capital Ratio
ET's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth
Current Liabilities decreased faster than Energy Transfer Lp's Current Assets, this led to improvement in Energy Transfer Lp's Working Capital Ratio to 1.1, Working Capital Ratio remained below Energy Transfer Lp average.
Within Natural Gas Utilities industry 3 other companies have achieved higher Working Capital Ratio than Energy Transfer Lp in forth quarter 2023. While Working Capital Ratio total ranking has improved so far during the IV Quarter 2023 to 651, from total ranking in the third quarter 2023 at 2879.
Explain Working Capital Ratio
How much in Current Assets ETīs has?
What is the value of ETīs Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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ET Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities Change |
8.77 % |
13.45 % |
-3.11 % |
-25.69 % |
-3.89 % |
Y / Y Current Assets Change |
2.91 % |
10.4 % |
-31.33 % |
-27.58 % |
14.65 % |
Working Capital Ratio MRQ |
1.1 |
1.05 |
0.81 |
1.12 |
1.17 |
ET's Total
Ranking |
# 651 |
# 2879 |
# 1718 |
# 3180 |
# 1657 |
Seq. Current Liabilities Change |
-11.59 % |
-1.98 % |
28.06 % |
-1.99 % |
-7.78 % |
Seq. Current Assets Change |
-7.38 % |
26.66 % |
-6.79 % |
-5.89 % |
-0.64 % |
Working Capital Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Natural Gas Utilities Industry |
# 4 |
Utilities Sector |
# 7 |
Overall Market |
# 651 |
Working Capital Ratio Statistics |
High |
Average |
Low |
1.81 |
1.12 |
0 |
(Dec 31 2012) |
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(Feb 28 2018) |
Cumulative Energy Transfer Lp's Working Capital Ratio
ET's Working Capital Ratio for the trailling 12 Months
ET Working Capital Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Current Liabilities TTM Growth |
8.77 % |
13.45 % |
-3.11 % |
-25.69 % |
-3.89 % |
Y / Y Current Assets TTM Growth |
2.91 % |
10.4 % |
-31.33 % |
-27.58 % |
14.65 % |
Working Capital Ratio TTM |
1.01 |
1.03 |
1.03 |
1.13 |
1.14 |
Total
Ranking TTM |
# 2227
| # 3920
| # 3053
| # 4074
| # 674
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Seq. Current Liabilities TTM Growth |
-11.59 % |
-1.98 % |
28.06 % |
-1.99 % |
-7.78 % |
Seq. Current Assets TTM Growth |
-7.38 % |
26.66 % |
-6.79 % |
-5.89 % |
-0.64 % |
On the trailing twelve months basis Due to fall in Current Liabilities in the IV Quarter 2023 to $11,277.00 millions, cumulative Working Capital Ratio decreased to 1.01 below the Energy Transfer Lp average Working Capital Ratio. Working Capital Ratio is the average cumulative value over the last four quarters.
Among companies operating within Natural Gas Utilities industry 37 other companies have achieved higher Working Capital Ratio than Energy Transfer Lp. While Working Capital Ratio overall ranking has improved so far to 2227, from total ranking during the twelve months ending third quarter 2023 at 3920.
Explain Working Capital Ratio
How much in Current Assets ETīs has?
What is the value of ETīs Current Liabilities?
TTM Working Capital Ratio Company Ranking |
Within: |
No. |
Within the Natural Gas Utilities Industry |
# 38 |
Utilities Sector |
# 92 |
Within the Market |
# 2227 |
trailing twelve months Working Capital Ratio Statistics |
High |
Average |
Low |
1.77 |
1.09 |
0.04 |
(June 30, 2005) |
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(Feb 28 2018) |
Companies with similar Working Capital Ratio in the quarter ending Dec 31 2023, within Natural Gas Utilities Industry | Working Capital Ratio | Dec 31 2023 MRQ Current Assets | Dec 31 2023 MRQ Current Liabilities | Transcontinental Gas Pipe Line Company Llc | 2.58 | $ 1,809.141 Millions | $ 700.266 Millions | Hf Sinclair Corporation | 2.51 | $ 6,702.182 Millions | $ 2,667.576 Millions | Cheniere Energy Inc | 1.96 | $ 6,331.000 Millions | $ 3,233.000 Millions | Usa Compression Partners Lp | 1.81 | $ 226.447 Millions | $ 124.913 Millions | Opal Fuels Inc | 1.68 | $ 128.073 Millions | $ 76.391 Millions | Kodiak Gas Services Inc | 1.57 | $ 230.963 Millions | $ 146.920 Millions | Enlink Midstream Llc | 1.48 | $ 838.300 Millions | $ 565.600 Millions | Archrock inc | 1.46 | $ 213.157 Millions | $ 146.407 Millions | Atmos Energy Corp | 1.44 | $ 1,679.717 Millions | $ 1,170.481 Millions | Stabilis Solutions Inc | 1.30 | $ 14.972 Millions | $ 11.555 Millions | Ngl Energy Partners Lp | 1.23 | $ 1,340.567 Millions | $ 1,088.012 Millions | Kinetik Holdings Inc | 1.16 | $ 257.299 Millions | $ 220.941 Millions | Southwest Gas Holdings Inc | 1.12 | $ 1,881.114 Millions | $ 1,684.847 Millions | Energy Transfer Lp | 1.10 | $ 12,433.000 Millions | $ 11,277.000 Millions | Mplx Lp | 1.07 | $ 2,808.000 Millions | $ 2,624.000 Millions | Cheniere Energy Partners L p | 1.01 | $ 1,581.000 Millions | $ 1,566.000 Millions | Genesis Energy Lp | 1.00 | $ 964.050 Millions | $ 967.447 Millions | Equitrans Midstream Corporation | 0.99 | $ 595.497 Millions | $ 601.815 Millions | Plains Gp Holdings Lp | 0.98 | $ 4,916.000 Millions | $ 5,005.000 Millions | Plains All American Pipeline Lp | 0.98 | $ 4,913.000 Millions | $ 5,003.000 Millions | Ugi Corporation | 0.98 | $ 2,285.000 Millions | $ 2,341.000 Millions | Antero Midstream Corporation | 0.95 | $ 91.128 Millions | $ 96.417 Millions | Enterprise Products Partners L p | 0.93 | $ 12,248.000 Millions | $ 13,131.000 Millions | Delek Logistics Partners Lp | 0.91 | $ 76.269 Millions | $ 83.893 Millions | Oneok Inc | 0.90 | $ 3,108.000 Millions | $ 3,452.000 Millions | Northwest Natural Holding Company | 0.86 | $ 601.440 Millions | $ 696.878 Millions | Transmontaigne Partners llc | 0.86 | $ 61.236 Millions | $ 71.077 Millions | Nustar Energy L p | 0.85 | $ 187.102 Millions | $ 220.986 Millions | Boardwalk Pipeline Partners Lp | 0.80 | $ 288.700 Millions | $ 362.300 Millions | Williams Companies Inc | 0.77 | $ 4,513.000 Millions | $ 5,830.000 Millions |
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