Magellan Midstream Partners Balance Sheet - Annual (NYSE:MMP)

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$70.17 $0.32 (0.46%) MMP stock closing price Aug 16, 2018 (Closing)

The financial analysis of a company like Magellan Midstream Partners involves checking the three financial statements of the company in detail, of which the balance sheet is one. Balance sheet items like cash at hand, total assets and liabilities helps one analyze a company and summarize the financial performance of the company like we have in our Magellan Midstream Partners stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Magellan Midstream Partners had a long term debt of $4.27B at the end of 2017. To understand the debt servicing capacity of the company, one needs to look at Magellan Midstream Partners operating cash flow and Magellan Midstream Partners revenue also. Magellan Midstream Partners debt to equity ratio is 2.12.

View latest 10 year balance sheet data to check Magellan Midstream Partners financial performance.
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Marketable Securities----------
Raw Materials108.5M80.09M73.41M90.7M110.08M133.25M-70.19M40.22M26.81M
Work In Progress----------
Finished Goods73.84M54.28M57.45M67.05M77.14M88.63M-146.21M152.77M20.91M
Notes Receivable----------
Other Current Assets100.08M89.86M82.66M127.66M61.51M46.66M51.13M47.94M45.6M35.64M
Total Current Assets
Property Plant & Equipment7.24B6.78B6.17B5.53B4.99B4.41B4.08B3.89B3.4B2.72B
Accumulated Depreciation1.68B1.51B1.35B1.2B1.07B943.24M830.76M716.05M617.98M674.31M
Net Property Plant & Equipment
Investment & Advances1.08B931.25M765.62M613.86M360.85M107.35M35.59M23.72M22.05M23.19M
Other Non-Current Assets27.67M23.87M20.37M28.61M2.73M5.13M2.53M1.16M-7.11M
Deferred Charges---18.08M17.5M15.08M14.61M11.87M10.89M7.64M
Deposits & Other Assets13.49M65.57M42.36M66.88M66.18M60.38M61.91M61.14M4.33M10.21M
Total Assets
Notes Payable----------
Accounts Payable104.85M77.24M104.09M97.13M76.32M112M66.38M41.42M37.06M39.44M
Current Portion Long-Term Debt250.97M-250.33M-249.97M-----
Current Portion Capital Leases----------
Accrued Expenses274.42M213.09M185.98M186.51M188.78M179.63M158.1M142.46M121.23M77.22M
Income Taxes Payable----------
Other Current Liabilities206.26M191.3M172.65M252.51M123.19M100.98M86.57M91.15M71.09M78.59M
Total Current Liabilities
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt4.27B4.09B3.19B2.98B2.44B2.39B2.15B1.91B1.68B1.08B
Non-Current Capital Leases----------
Other Long-Term Liabilities154.69M111.12M117.47M130M99.77M118.33M118.76M67.13M57.39M61.48M
Total Liabilities
Minority Interest----------
Preferred Stock----------
Common Stock Net2.27B2.19B2.12B1.95B1.67B1.55B1.51B1.47B1.2B1.27B
Capital Surplus----------
Retained Earnings----------
Treasury Stock----------
Other Liabilities-137.57M-101.24M-96.35M-81.54M-19.5M-35.05M-47.2M3.16M-8M-319.43M
Shareholders Equity2.13B2.09B2.02B1.87B1.65B1.52B1.46B1.47B1.2B955.44M
Total Liabilities & Shareholders Equity7.39B6.77B6.04B5.52B4.82B4.42B4.05B3.72B3.16B2.3B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Magellan Midstream Partners stock price by looking at Magellan Midstream Partners historical stock prices. One can compare PE with industry average by looking at the Magellan Midstream Partners PE ratio chart. The common balance sheet items are:

  • Assets: MMP total assets, which was at $7.39B for 2017 is a balance sheet item representing value of what Magellan Midstream Partners owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Magellan Midstream Partners's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for MMP stock stand at $5.26B.

Magellan Midstream Partners Balance Sheet - Key Ratios

Current ratio
Debt to equity ratio
Asset turnover ratio
Receivables turnover
Price to book ratio