Martin Midstream Partners LP (MMLP) - Net Assets
Based on the latest financial reports, Martin Midstream Partners LP (MMLP) has net assets worth $-82.73 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($510.12 Million) and total liabilities ($592.86 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Martin Midstream Partners LP liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-82.73 Million |
| % of Total Assets | -16.22% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -117.88% |
| Growth Volatility | 56.54 |
Martin Midstream Partners LP - Net Assets Trend (2000–2024)
This chart illustrates how Martin Midstream Partners LP's net assets have evolved over time, based on quarterly financial data. Also explore how large is Martin Midstream Partners LP's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Martin Midstream Partners LP (2000–2024)
The table below shows the annual net assets of Martin Midstream Partners LP from 2000 to 2024. For live valuation and market cap data, see MMLP stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-70.44 Million | -9.00% |
| 2023-12-31 | $-64.62 Million | -8.71% |
| 2022-12-31 | $-59.45 Million | -23.75% |
| 2021-12-31 | $-48.04 Million | -2.49% |
| 2020-12-31 | $-46.87 Million | -29.49% |
| 2019-12-31 | $-36.20 Million | -113.67% |
| 2018-12-31 | $264.71 Million | -11.24% |
| 2017-12-31 | $298.24 Million | -4.41% |
| 2016-12-31 | $312.01 Million | -20.79% |
| 2015-12-31 | $393.88 Million | -18.90% |
| 2014-12-31 | $485.67 Million | +86.50% |
| 2013-12-31 | $260.42 Million | -27.25% |
| 2012-12-31 | $357.96 Million | +25.33% |
| 2011-12-31 | $285.62 Million | +3.93% |
| 2010-12-31 | $274.81 Million | +3.72% |
| 2009-12-31 | $264.95 Million | +12.88% |
| 2008-12-31 | $234.71 Million | -0.48% |
| 2007-12-31 | $235.85 Million | +18.80% |
| 2006-12-31 | $198.53 Million | +107.74% |
| 2005-12-31 | $95.56 Million | +26.52% |
| 2004-12-31 | $75.53 Million | +64.59% |
| 2003-12-31 | $45.89 Million | -2.58% |
| 2002-12-31 | $47.11 Million | +151.12% |
| 2001-12-31 | $18.76 Million | -- |
| 2000-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Martin Midstream Partners LP's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Total Equity | $-71.88 Million | 100.00% |
Martin Midstream Partners LP Competitors by Market Cap
The table below lists competitors of Martin Midstream Partners LP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yoosung T&S Co. Ltd
KQ:024800
|
$100.38 Million |
|
TSKB Gayrimenkul Yatirim Ortakligi AS
IS:TSGYO
|
$100.45 Million |
|
Av Gad Holdings Ltd
TA:AVGD
|
$100.51 Million |
|
Nyrada Inc
AU:NYR
|
$100.52 Million |
|
Leofoo Development Co Ltd
TW:2705
|
$100.36 Million |
|
Silvercrest Asset Management Group Inc
NASDAQ:SAMG
|
$100.32 Million |
|
Mobiis Co. Ltd
KQ:250060
|
$100.29 Million |
|
Dongkuk Structures & Construction Company Limited
KQ:100130
|
$100.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Martin Midstream Partners LP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -66,182,000 to -71,877,000, a change of -5,695,000.
- Net loss of 5,078,000 reduced equity.
- Dividend payments of 795,000 reduced retained earnings.
- Other factors increased equity by 178,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.08 Million | -7.06% |
| Dividends Paid | $795.00K | -1.11% |
| Other Changes | $178.00K | +0.25% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Martin Midstream Partners LP's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $4.86 | $2.57 | x |
| 2001-12-31 | $6.47 | $2.57 | x |
| 2002-12-31 | $0.00 | $2.57 | x |
| 2003-12-31 | $0.00 | $2.57 | x |
| 2004-12-31 | $-0.07 | $2.57 | x |
| 2005-12-31 | $-9.66 | $2.57 | x |
| 2006-12-31 | $15.75 | $2.57 | x |
| 2007-12-31 | $-13.66 | $2.57 | x |
| 2008-12-31 | $-16.49 | $2.57 | x |
| 2009-12-31 | $11.99 | $2.57 | x |
| 2010-12-31 | $8.37 | $2.57 | x |
| 2011-12-31 | $4.60 | $2.57 | x |
| 2012-12-31 | $8.44 | $2.57 | x |
| 2013-12-31 | $4.07 | $2.57 | x |
| 2014-12-31 | $10.49 | $2.57 | x |
| 2015-12-31 | $6.97 | $2.57 | x |
| 2016-12-31 | $4.73 | $2.57 | x |
| 2017-12-31 | $4.44 | $2.57 | x |
| 2018-12-31 | $-11.98 | $2.57 | x |
| 2019-12-31 | $-0.94 | $2.57 | x |
| 2020-12-31 | $-1.26 | $2.57 | x |
| 2021-12-31 | $-1.29 | $2.57 | x |
| 2022-12-31 | $-1.58 | $2.57 | x |
| 2023-12-31 | $-1.71 | $2.57 | x |
| 2024-12-31 | $-1.85 | $2.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Martin Midstream Partners LP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.72%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is below the historical average (14250.24%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.61% | 0.47% | 2.26x | 6.27x | $-478.00K |
| 2001 | 24.94% | 2.87% | 1.83x | 4.74x | $2.80 Million |
| 2002 | 310000.00% | 4.14% | 1.49x | 50227.50x | $6.20 Million |
| 2003 | 46080.77% | 6.22% | 1.38x | 5372.50x | $11.98 Million |
| 2004 | 0.00% | 4.19% | 1.56x | 0.00x | $12.39 Million |
| 2005 | 0.00% | 3.17% | 1.13x | 0.00x | $22.17 Million |
| 2006 | 11.20% | 3.86% | 1.26x | 2.30x | $2.39 Million |
| 2007 | 0.00% | 3.26% | 1.23x | 0.00x | $44.10 Million |
| 2008 | 0.00% | 3.53% | 1.81x | 0.00x | $66.77 Million |
| 2009 | 12.61% | 3.35% | 0.97x | 3.90x | $4.59 Million |
| 2010 | 10.92% | 1.76% | 1.16x | 5.35x | $1.35 Million |
| 2011 | 27.08% | 1.97% | 1.30x | 10.56x | $15.35 Million |
| 2012 | 51.69% | 6.84% | 1.47x | 5.13x | $82.26 Million |
| 2013 | -12.35% | -0.82% | 1.49x | 10.15x | $-24.17 Million |
| 2014 | -3.62% | -0.71% | 1.06x | 4.81x | $-44.01 Million |
| 2015 | 15.56% | 3.70% | 0.75x | 5.60x | $13.72 Million |
| 2016 | 18.90% | 3.83% | 0.66x | 7.44x | $14.90 Million |
| 2017 | 11.75% | 2.11% | 0.75x | 7.40x | $2.97 Million |
| 2018 | 0.00% | 5.72% | 0.94x | 0.00x | $102.29 Million |
| 2019 | 0.00% | -20.65% | 1.27x | 0.00x | $-171.33 Million |
| 2020 | 0.00% | -1.01% | 1.16x | 0.00x | $-1.89 Million |
| 2021 | 0.00% | -0.02% | 1.52x | 0.00x | $4.78 Million |
| 2022 | 0.00% | -1.01% | 1.70x | 0.00x | $-4.22 Million |
| 2023 | 0.00% | -0.56% | 1.57x | 0.00x | $2.17 Million |
| 2024 | 0.00% | -0.72% | 1.31x | 0.00x | $2.11 Million |
Industry Comparison
This section compares Martin Midstream Partners LP's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $451,780,086
- Average return on equity (ROE) among peers: 40.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Martin Midstream Partners LP (MMLP) | $-82.73 Million | 6.61% | N/A | $100.37 Million |
| Antero Midstream Partners LP (AM) | $2.15 Billion | 17.28% | 1.67x | $10.22 Billion |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $12.00 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $20.67 Million | 309.09% | 0.02x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $128.62 Million | 7.50% | 2.36x | $284.93 Million |
| Cheniere Energy Partners LP (CQP) | $-253.34 Million | 0.00% | 0.00x | $30.47 Billion |
| Cheniere Energy Partners LP (CQP) | $-784.00 Million | 0.00% | 0.00x | $25.77 Billion |
| DHT Holdings Inc (DHT) | $147.82 Million | 28.51% | 2.60x | $2.56 Billion |
| Dynagas LNG Partners LP (DLNG) | $326.49 Million | 1.11% | 2.26x | $142.25 Million |
| DT Midstream Inc (DTM) | $3.10 Billion | 7.44% | 0.57x | $12.24 Billion |
| Excelerate Energy Inc (EE) | $-337.30 Million | 0.00% | 0.00x | $1.10 Billion |
About Martin Midstream Partners LP
Martin Midstream Partners L.P., together with its subsidiaries, provides terminalling, processing, storage, and packaging services for petroleum products and by-products in the United States. It operates in four segments: Terminalling and Storage, Transportation, Sulfur Services, and Specialty Products. The company owns or operates various marine shore-based terminal facilities and specialty term… Read more