NGL ENERGY PARTNERS LP (NGL) financial statements (2022 and earlier)

Company profile

Business Address 6120 S. YALE
TULSA, OK 74136
State of Incorp. TX
Fiscal Year End March 31
SIC 4922 - Natural Gas Transmission (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments552319261228
Cash and cash equivalents552319261228
Receivables1,0517356041,1761,077807537
Inventory, net of allowances, customer advances and progress billings33415870463565561368
Inventory33415870463565561368
Other undisclosed current assets1321097815513210396
Total current assets:1,5231,0087741,8131,8001,4841,028
Noncurrent Assets
Operating lease, right-of-use asset123152181
Property, plant and equipment2,4842,7072,8521,8441,7201,7901,650
Long-term investments and receivables212323118191242
Long-term investments212323117187220
Due from related parties    1322
Intangible assets, net (including goodwill)1,8972,0072,6062,0842,3672,6162,464
Goodwill7447449941,1461,3131,4521,315
Intangible assets, net (excluding goodwill)1,1521,2631,6129381,0541,1641,149
Other noncurrent assets475163160246240176
Total noncurrent assets:4,5724,9405,7254,0904,3514,8364,532
TOTAL ASSETS:6,0955,9476,4995,9026,1516,3205,560
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities973680515965861658420
Accounts payable973680515965861658420
Deferred revenue16  
Debt22513308
Due to related parties001828187
Customer advances and deposits9213656
Other liabilities165170232248230207214
Other undisclosed current liabilities445876    
Total current liabilities:1,2019118461,2511,116939706
Noncurrent Liabilities
Long-term debt and lease obligation, including:3,4123,3193,1452,1602,6832,9632,913
Operating lease, liability79104121
Other undisclosed long-term debt and lease obligation3,3333,2153,0242,1602,6832,9632,913
Liabilities, other than long-term debt10811511464174185247
Other liabilities10811511464174185247
Total noncurrent liabilities:3,5203,4343,2592,2242,8563,1483,160
Total liabilities:4,7214,3444,1053,4753,9734,0873,866
Temporary equity, carrying amount   1508364 
Stockholders' equity
Stockholders' equity attributable to parent(0)(0)(0)(0)(2)(2)(0)
Accumulated other comprehensive loss(0)(0)(0)(0)(2)(2)(0)
Total stockholders' equity:(0)(0)(0)(0)(2)(2)(0)
Other undisclosed liabilities and equity1,3741,6032,3942,2782,0982,1721,694
TOTAL LIABILITIES AND EQUITY:6,0955,9476,4995,9026,1516,3205,560

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

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Revenues4,7395,2277,58424,01717,28313,02211,742
Revenue, net24,01717,28313,02211,742
Cost of revenue
(Cost of Goods and Services Sold)
(4,080)(4,494)(6,604)(23,285)(16,536)(12,322)(10,839)
Gross profit:659733980732747700903
Operating expenses(834)(800)(708)(383)(335)(215)(861)
Other undisclosed operating loss(345)(323)(275)(207)(273)(230)(146)
Operating income (loss):(520)(391)(3)142138255(105)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(35)(37)2(30)8286
Interest and debt expense(287)(215)(180)(165)(200)(150)(105)
Income (loss) from continuing operations before equity method investments, income taxes:(842)(643)(181)(53)(53)132(204)
Income from equity method investments22138316
Other undisclosed income (loss) from continuing operations before income taxes   (12)(23)10 
Income (loss) from continuing operations before income taxes:(840)(641)(180)(62)(68)146(187)
Income tax expense (benefit)53(0)(1)(1)(2)0
Income (loss) from continuing operations:(835)(637)(181)(64)(70)144(187)
Income (loss) from discontinued operations191(2)(218)403   
Net income (loss):(644)(639)(399)339(70)144(187)
Net income (loss) attributable to noncontrolling interest(2)(1)220(0)(7)12
Other undisclosed net income (loss) attributable to parent   0(1)  
Net income (loss) attributable to parent:(645)(640)(397)360(71)137(175)
Preferred stock dividends and other adjustments(3)(93)(268)(112)(60)(30) 
Net income (loss) available to common stockholders, diluted:(649)(733)(665)248(131)107(175)

Comprehensive Income ($ in millions)

12/31/2021
TTM
3/31/2021
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
Net income (loss):(644)(639)(399)339(70)144(187)
Other comprehensive income (loss)00(0)(0)0(2)(0)
Comprehensive income (loss):(643)(639)(399)339(70)142(187)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(2)(1)220(0)(7)12
Comprehensive income (loss), net of tax, attributable to parent:(645)(640)(397)360(70)135(175)

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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