Energy Transfer Partners L.P
Energy Transfer Partners, L.P. engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. The company's Intrastate Transportation and Storage segment transports natural gas from various natural gas producing areas through connections with other pipeline systems, as well as through its ET Fuel System and HPL System. This segment owns and operat… Read more
Energy Transfer Partners L.P (ETP) - Net Assets
Latest net assets as of December 2020: $32.95 Billion USD
Based on the latest financial reports, Energy Transfer Partners L.P (ETP) has net assets worth $32.95 Billion USD as of December 2020.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($96.74 Billion) and total liabilities ($63.79 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $32.95 Billion |
| % of Total Assets | 34.06% |
| Annual Growth Rate | N/A |
| 5-Year Change | 24.21% |
| 10-Year Change | 418.86% |
| Growth Volatility | 144.13 |
Energy Transfer Partners L.P - Net Assets Trend (1995–2020)
This chart illustrates how Energy Transfer Partners L.P's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Energy Transfer Partners L.P (1995–2020)
The table below shows the annual net assets of Energy Transfer Partners L.P from 1995 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $32.95 Billion | -6.68% |
| 2019-12-31 | $35.31 Billion | -3.59% |
| 2018-12-31 | $36.62 Billion | +7.23% |
| 2017-12-31 | $34.15 Billion | +28.74% |
| 2016-12-31 | $26.53 Billion | -1.86% |
| 2015-12-31 | $27.03 Billion | +48.00% |
| 2014-12-31 | $18.26 Billion | +12.13% |
| 2013-12-31 | $16.29 Billion | -6.02% |
| 2012-12-31 | $17.33 Billion | +172.93% |
| 2011-12-31 | $6.35 Billion | +33.88% |
| 2010-12-31 | $4.74 Billion | +3.12% |
| 2009-12-31 | $4.60 Billion | +22.89% |
| 2008-12-31 | $3.74 Billion | +22.49% |
| 2007-12-31 | $3.06 Billion | +75.75% |
| 2006-12-31 | $1.74 Billion | +29.43% |
| 2005-12-31 | $1.34 Billion | +79.48% |
| 2004-12-31 | $748.46 Million | +229.64% |
| 2003-12-31 | $227.05 Million | +29.61% |
| 2002-12-31 | $175.17 Million | -15.28% |
| 2001-12-31 | $206.76 Million | +36.41% |
| 2000-12-31 | $151.58 Million | +693.60% |
| 1999-12-31 | $19.10 Million | -29.52% |
| 1998-12-31 | $27.10 Million | +29.67% |
| 1997-12-31 | $20.90 Million | -31.70% |
| 1996-12-31 | $30.60 Million | +538.71% |
| 1995-12-31 | $-6.97 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Energy Transfer Partners L.P'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 grown by 1103100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Other Comprehensive Income | $6.00 Million | 100.00% |
| Total Equity | $6.00 Million | 100.00% |
Energy Transfer Partners L.P Competitors by Market Cap
The table below lists competitors of Energy Transfer Partners L.P ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Purpose Silver Bullion Fund
PINK:SVRZF
|
$178.59K |
|
Lån & Spar Invest Danske Aktier Basis
CO:LSIDAB
|
$178.66K |
|
Carnegie Wealth Management Nordiske Akt
CO:CMINOA
|
$178.82K |
|
WILLIAMS IND.SVCS DL-01
F:GPQ2
|
$178.83K |
|
Bison Gold Resources Inc
V:BGE
|
$178.53K |
|
ANNALY CAP.MGMT DL -01
F:AAYA
|
$178.50K |
|
Digital Development Partners Inc
PINK:BBBT
|
$178.47K |
|
Savills
LSE:SVS
|
$178.34K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Energy Transfer Partners L.P's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from -18,000,000 to 6,000,000, a change of 24,000,000.
- Net loss of 142,000,000 reduced equity.
- Dividend payments of 5,265,000,000 reduced retained earnings.
- New share issuances of 1,580,000,000 increased equity.
- Other comprehensive income increased equity by 24,000,000.
- Other factors increased equity by 3,827,000,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-142.00 Million | -2366.67% |
| Dividends Paid | $5.26 Billion | -87750.0% |
| Share Issuances | $1.58 Billion | +26333.33% |
| Other Comprehensive Income | $24.00 Million | +400.0% |
| Other Changes | $3.83 Billion | +63783.33% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Energy Transfer Partners L.P'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
- Current price-to-book ratio: 1262.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $-0.52 | $18.53 | x |
| 1996-12-31 | $5.76 | $18.53 | x |
| 1997-12-31 | $0.87 | $18.53 | x |
| 1998-12-31 | $1.08 | $18.53 | x |
| 1999-12-31 | $0.74 | $18.53 | x |
| 2000-12-31 | $4.78 | $18.53 | x |
| 2001-12-31 | $5.07 | $18.53 | x |
| 2002-12-31 | $3.63 | $18.53 | x |
| 2003-12-31 | $4.45 | $18.53 | x |
| 2004-12-31 | $9.52 | $18.53 | x |
| 2005-12-31 | $9.03 | $18.53 | x |
| 2006-12-31 | $10.59 | $18.53 | x |
| 2007-12-31 | $15.25 | $18.53 | x |
| 2008-12-31 | $-16.95 | $18.53 | x |
| 2009-12-31 | $0.03 | $18.53 | x |
| 2010-12-31 | $0.09 | $18.53 | x |
| 2011-12-31 | $0.02 | $18.53 | x |
| 2012-12-31 | $-0.02 | $18.53 | x |
| 2013-12-31 | $0.12 | $18.53 | x |
| 2014-12-31 | $-0.11 | $18.53 | x |
| 2015-12-31 | $0.01 | $18.53 | x |
| 2016-12-31 | $0.01 | $18.53 | x |
| 2017-12-31 | $0.00 | $18.53 | x |
| 2018-12-31 | $-0.04 | $18.53 | x |
| 2019-12-31 | $-0.04 | $18.53 | x |
| 2020-12-31 | $0.01 | $18.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Energy Transfer Partners L.P 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): -2366.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.36%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 16123.67x
- Recent ROE (-2366.67%) is below the historical average (4397.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 0.00% | -0.16% | 0.80x | 0.00x | $486.50K |
| 1996 | -17.97% | -3.37% | 0.87x | 6.14x | $-8.56 Million |
| 1997 | 24.88% | 2.60% | 0.98x | 9.75x | $3.11 Million |
| 1998 | 32.47% | 4.73% | 0.78x | 8.86x | $6.09 Million |
| 1999 | 50.79% | 5.27% | 0.70x | 13.77x | $7.79 Million |
| 2000 | 4.43% | 2.68% | 0.39x | 4.20x | $-8.17 Million |
| 2001 | 9.79% | 2.75% | 0.94x | 3.76x | $-431.40K |
| 2002 | 2.86% | 0.79% | 0.87x | 4.18x | $-12.26 Million |
| 2003 | 13.96% | 5.45% | 0.77x | 3.31x | $8.84 Million |
| 2004 | 13.27% | 3.99% | 1.07x | 3.11x | $24.45 Million |
| 2005 | 26.34% | 5.66% | 1.39x | 3.34x | $216.73 Million |
| 2006 | 29.70% | 6.56% | 1.44x | 3.14x | $342.17 Million |
| 2007 | 22.24% | 9.95% | 0.88x | 2.54x | $372.16 Million |
| 2008 | 0.00% | 9.32% | 0.87x | 0.00x | $1.24 Billion |
| 2009 | 11628.35% | 14.61% | 0.46x | 1723.96x | $790.86 Million |
| 2010 | 2359.14% | 10.49% | 0.48x | 464.40x | $614.61 Million |
| 2011 | 10183.80% | 9.77% | 0.44x | 2362.40x | $668.32 Million |
| 2012 | 0.00% | 9.99% | 0.36x | 0.00x | $1.57 Billion |
| 2013 | 668.85% | 0.88% | 1.06x | 716.43x | $401.90 Million |
| 2014 | 0.00% | 2.19% | 1.06x | 0.00x | $1.12 Billion |
| 2015 | 26150.00% | 3.05% | 0.53x | 16293.25x | $1.05 Billion |
| 2016 | -775.00% | -0.28% | 0.31x | 8773.88x | $-62.80 Million |
| 2017 | 66266.67% | 6.84% | 0.37x | 25988.33x | $1.99 Billion |
| 2018 | 0.00% | 5.59% | 0.61x | 0.00x | $3.03 Billion |
| 2019 | 0.00% | 7.56% | 0.55x | 0.00x | $4.09 Billion |
| 2020 | -2366.67% | -0.36% | 0.40x | 16123.67x | $-142.60 Million |
Industry Comparison
This section compares Energy Transfer Partners L.P's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,282,152,580
- Average return on equity (ROE) among peers: 31.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Energy Transfer Partners L.P (ETP) | $32.95 Billion | 0.00% | 1.94x | $178.57K |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |