Suburban Propane Partners LP (SPH) - Total Assets
Based on the latest financial reports, Suburban Propane Partners LP (SPH) holds total assets worth $2.40 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See SPH net asset value for net asset value and shareholders' equity analysis.
Suburban Propane Partners LP - Total Assets Trend (1994–2025)
This chart illustrates how Suburban Propane Partners LP's total assets have evolved over time, based on quarterly financial data.
Suburban Propane Partners LP - Asset Composition Analysis
Current Asset Composition (September 2025)
Suburban Propane Partners LP's total assets of $2.40 Billion consist of 7.2% current assets and 92.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $405.00K | 0.2% |
| Accounts Receivable | $69.48 Million | 3.0% |
| Inventory | $73.73 Million | 3.2% |
| Property, Plant & Equipment | $810.27 Million | 35.3% |
| Intangible Assets | $84.78 Million | 3.7% |
| Goodwill | $1.16 Billion | 50.4% |
Asset Composition Trend (1994–2025)
This chart illustrates how Suburban Propane Partners LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see Suburban Propane Partners LP market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Suburban Propane Partners LP's current assets represent 7.2% of total assets in 2025, a decrease from 11.7% in 1994.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2025, up from 0.0% in 1994.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 53.0% of total assets, an increase from 32.0% in 1994.
- Asset Diversification: The largest asset category is goodwill at 50.4% of total assets.
Suburban Propane Partners LP Competitors by Total Assets
Key competitors of Suburban Propane Partners LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
GAIL (India) Limited
NSE:GAIL
|
India | Rs1.36 Trillion |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2
|
Argentina | AR$370.42 Billion |
|
GSE Co. Ltd
KQ:053050
|
Korea | ₩210.37 Billion |
|
Metrogas SA
BA:METR
|
Argentina | AR$1.37 Trillion |
|
Naturgy BAN SA
BA:GBAN
|
Argentina | AR$651.59 Billion |
|
Camuzzi Gas Pampeana SA
BA:CGPA2
|
Argentina | AR$658.27 Billion |
|
APA Group
AU:APA
|
Australia | AU$19.16 Billion |
|
Equus Energy Ltd
AU:EQU
|
Australia | AU$3.91 Million |
Suburban Propane Partners LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.87 | 0.70 | 0.97 |
| Quick Ratio | 0.61 | 0.51 | 0.73 |
| Cash Ratio | 0.00 | 0.01 | 0.00 |
| Working Capital | $-36.61 Million | $-99.40 Million | $-7.67 Million |
Suburban Propane Partners LP - Advanced Valuation Insights
This section examines the relationship between Suburban Propane Partners LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.14 |
| Latest Market Cap to Assets Ratio | 0.57 |
| Asset Growth Rate (YoY) | 1.0% |
| Total Assets | $2.30 Billion |
| Market Capitalization | $1.32 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Suburban Propane Partners LP's assets below their book value (0.57x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Suburban Propane Partners LP's assets grew by 1.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Suburban Propane Partners LP (1994–2025)
The table below shows the annual total assets of Suburban Propane Partners LP from 1994 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $2.30 Billion | +1.03% |
| 2024-09-30 | $2.27 Billion | +0.10% |
| 2023-09-30 | $2.27 Billion | +7.93% |
| 2022-09-30 | $2.10 Billion | +2.53% |
| 2021-09-30 | $2.05 Billion | +0.22% |
| 2020-09-30 | $2.05 Billion | +2.45% |
| 2019-09-30 | $2.00 Billion | -4.89% |
| 2018-09-30 | $2.10 Billion | -3.23% |
| 2017-09-30 | $2.17 Billion | -5.43% |
| 2016-09-30 | $2.30 Billion | -7.63% |
| 2015-09-30 | $2.49 Billion | -4.74% |
| 2014-09-30 | $2.61 Billion | -4.35% |
| 2013-09-30 | $2.73 Billion | -5.42% |
| 2012-09-30 | $2.88 Billion | +201.58% |
| 2011-09-30 | $956.46 Million | -1.42% |
| 2010-09-30 | $970.26 Million | -0.74% |
| 2009-09-30 | $977.51 Million | -5.62% |
| 2008-09-30 | $1.04 Billion | +6.20% |
| 2007-09-30 | $975.22 Million | +2.24% |
| 2006-09-30 | $953.89 Million | -1.21% |
| 2005-09-30 | $965.60 Million | -2.66% |
| 2004-09-30 | $992.01 Million | +49.03% |
| 2003-09-30 | $665.63 Million | -4.93% |
| 2002-09-30 | $700.15 Million | -3.16% |
| 2001-09-30 | $723.01 Million | -6.24% |
| 2000-09-30 | $771.12 Million | +16.98% |
| 1999-09-30 | $659.20 Million | -9.65% |
| 1998-09-30 | $729.60 Million | -6.03% |
| 1997-09-30 | $776.40 Million | -3.84% |
| 1996-09-30 | $807.40 Million | +9.63% |
| 1995-09-30 | $736.50 Million | -2.46% |
| 1994-09-30 | $755.10 Million | -- |
About Suburban Propane Partners LP
Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, renewable propane, renewable natural gas, fuel oil, and refined fuels in the United States. It operates through four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane f… Read more