NGL ENERGY PARTNERS LP (NGL) financial statements (2020 and earlier)

Company profile

Business Address 6120 S. YALE
TULSA, OK 74136
State of Incorp. TX
Fiscal Year End March 31
SIC 5172 - Petroleum and Petroleum Products Wholesalers, Except Bulk Stations and Terminals (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments12192612284110
Cash and cash equivalents12192612284110
Receivables9801,1761,0778075371,041908
Inventory, net of allowances, customer advances and progress billings184463565561368442310
Inventory184463565561368442310
Disposal group, including discontinued operation95      
Other undisclosed current assets701551321039612180
Total current assets:1,3421,8131,8001,4841,0281,6451,309
Noncurrent Assets
Operating lease, right-of-use asset183
Property, plant and equipment2,7041,8441,7201,7901,6501,617829
Long-term investments and receivables22118191242539190
Long-term investments22117187220473190
Accounts and financing receivable, after allowance for credit loss     58 
Due from related parties  13228 
Intangible assets, net (including goodwill)2,9082,0842,3672,6162,4642,6911,822
Goodwill1,3071,1461,3131,4521,3151,4031,107
Intangible assets, net (excluding goodwill)1,6019381,0541,1641,1491,288715
Other noncurrent assets8416024624017611317
Other undisclosed noncurrent assets     (58) 
Total noncurrent assets:5,9014,0904,3514,8364,5324,9022,858
TOTAL ASSETS:7,2435,9026,1516,3205,5606,5484,167
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities847965861658420952799
Accounts payable847965861658420833740
Employee-related liabilities     5245
Taxes payable     4413
Interest and dividends payable     23 
Debt51330847
Derivative instruments and hedges, liabilities     2842
Due to related parties29281872677
Disposal group, including discontinued operation41      
Customer advances and deposits921365654
Other liabilities353248230207214195142
Other undisclosed current liabilities87    (147)(71)
Total current liabilities:1,3621,2511,1169397061,113996
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,0682,1602,6832,9632,9132,7451,630
Operating lease, liability123
Other undisclosed long-term debt and lease obligation2,9452,1602,6832,9632,9132,7451,630
Liabilities, other than long-term debt104641741852471610
Other liabilities104641741852471610
Total noncurrent liabilities:3,1722,2242,8563,1483,1602,7611,640
Total liabilities:4,5343,4753,9734,0873,8663,8742,635
Temporary equity, carrying amount 1508364   
Stockholders' equity
Stockholders' equity attributable to parent(0)(0)(2)(2)(0)(0)(0)
Accumulated other comprehensive loss(0)(0)(2)(2)(0)(0)(0)
Total stockholders' equity:(0)(0)(2)(2)(0)(0)(0)
Other undisclosed liabilities and equity2,7092,2782,0982,1721,6942,6731,532
TOTAL LIABILITIES AND EQUITY:7,2435,9026,1516,3205,5606,5484,167

Income statement (P&L) ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues18,29524,01717,28313,02211,74217,0219,699
Revenue, net5,14124,01717,28313,02211,74216,8029,699
Cost of revenue
(Cost of Goods and Services Sold)
(17,411)(23,285)(16,536)(12,322)(10,839)(15,958)(9,133)
Gross profit:8847327477009031,063567
Operating expenses(362)(383)(335)(215)(861)(567)(345)
Other undisclosed operating loss(250)(207)(273)(230)(146)(410)(115)
Operating income (loss):272142138255(105)87107
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
2(30)8286370
Interest and debt expense(160)(165)(200)(150)(105)(110)(59)
Income (loss) from continuing operations before equity method investments, income taxes:114(53)(53)132(204)1448
Income from equity method investments038316122
Other undisclosed income (loss) from continuing operations before income taxes(12)(12)(23)10   
Income (loss) from continuing operations before income taxes:102(62)(68)146(187)2650
Income tax expense (benefit)0(1)(1)(2)04(1)
Income (loss) from continuing operations:102(64)(70)144(187)3049
Income (loss) from discontinued operations(209)403     
Net income (loss):(107)339(70)144(187)3049
Net income (loss) attributable to noncontrolling interest2020(0)(7)12131
Other undisclosed net income (loss) attributable to parent 0(1)    
Net income (loss) attributable to parent:(88)360(71)137(175)4350
Preferred stock dividends and other adjustments(126)(112)(60)(30)   
Net income (loss) available to common stockholders, diluted:(214)248(131)107(175)4350

Comprehensive Income ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):(107)339(70)144(187)3049
Other comprehensive income (loss)0(0)0(2)(0)0(0)
Comprehensive income (loss):(107)339(70)142(187)3048
Comprehensive income (loss), net of tax, attributable to noncontrolling interest2020(0)(7)1213(1)
Comprehensive income (loss), net of tax, attributable to parent:(87)360(70)135(175)4347

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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