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

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$69.85 $0.86 (1.22%) MMP stock closing price Aug 15, 2018 (Closing)

A thorough fundamental analysis involves using data from Magellan Midstream Partners balance sheet, apart from other financial statements, to value the business. How cash on hand has increased or decreased is one of the many indicators used while undertaking the Magellan Midstream Partners stock analysis, and provides insights into the firm's financial performance. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The balance sheet shows total liabilities of $5.38B and shareholders equity of $2.15B. Magellan Midstream Partners revenue and Magellan Midstream Partners operating cash flow are important in understanding the financial capacity of the company.

View and download Magellan Midstream Partners quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash2.47M74.19M176.06M1.38M5.47M7.05M14.7M291.09M34.26M209.99M
Marketable Securities----------
Receivables128.6M129.96M153.34M142.11M125.86M96.01M131.45M151M112.69M108.89M
Inventory183.58M195.98M182.34M168.76M119.45M146.42M134.37M123.01M156.43M132.08M
Raw Materials122.78M119.57M108.5M117.09M99M98.12M80.09M99.98M111.62M76.89M
Work In Progress----------
Finished Goods60.79M76.41M73.84M51.66M20.44M48.3M54.28M23.02M44.8M55.19M
Notes Receivable----------
Other Current Assets110.89M93.03M100.08M95.17M74.86M52.93M89.86M83.15M82.19M64.55M
Total Current Assets
425.54M493.19M611.83M407.42M325.65M302.42M370.39M648.27M385.58M515.53M
Property Plant & Equipment7.44B7.35B7.24B7.12B7.05B6.91B6.78B6.66B6.47B6.3B
Accumulated Depreciation1.78B1.73B1.68B1.64B1.59B1.55B1.51B1.47B1.43B1.39B
Net Property Plant & Equipment
5.66B5.61B5.55B5.48B5.46B5.36B5.28B5.19B5.04B4.91B
Investment & Advances1.21B1.13B1.08B1.07B976.45M976.41M931.25M912.41M850.4M800.38M
Other Non-Current Assets23.88M24.12M27.67M27.16M22.53M23.23M23.87M22.1M18.13M20.72M
Deferred Charges----------
Intangibles105.38M105.82M106.02M106.1M106.18M105.12M105.23M105.36M105.59M98.14M
Deposits & Other Assets113.19M12.12M13.49M12.3M43.42M62.3M65.57M45.58M46.56M44.02M
Total Assets
7.54B7.38B7.39B7.1B6.93B6.83B6.77B6.92B6.45B6.39B
Notes Payable----------
Accounts Payable125.22M129.28M104.85M120.99M103.1M91.69M77.24M101.01M118.48M102.85M
Current Portion Long-Term Debt250.05M250.51M250.97M251.43M---250.02M250.08M250.22M
Current Portion Capital Leases----------
Accrued Expenses220.95M202.3M274.42M251.75M195.85M147.95M213.09M166.8M166.72M144.98M
Income Taxes Payable----------
Other Current Liabilities186.53M206.44M206.26M185.53M157.62M157.94M191.3M166.01M178.36M181.02M
Total Current Liabilities
782.74M788.54M836.51M809.71M456.57M397.59M481.65M683.84M713.66M679.09M
Mortgages----------
Deferred Taxes/Income----------
Convertible Debt----------
Long-Term Debt4.39B4.27B4.27B4.05B4.23B4.2B4.09B4.07B3.57B3.55B
Non-Current Capital Leases----------
Other Long-Term Liabilities209.25M175.57M154.69M107.02M107.96M112.99M111.12M113.9M121.44M123.6M
Total Liabilities
5.38B5.24B5.26B4.97B4.8B4.71B4.68B4.87B4.41B4.35B
Minority Interest----------
Preferred Stock----------
Common Stock Net2.28B2.27B2.27B2.23B2.23B2.21B2.19B2.17B2.15B2.15B
Capital Surplus----------
Retained Earnings----------
Treasury Stock----------
Other Liabilities-127.55M-132.29M-137.57M-94.09M-96.42M-96.65M-101.24M-117.91M-115.93M-108.01M
Shareholders Equity2.15B2.14B2.13B2.14B2.13B2.12B2.09B2.05B2.04B2.04B
Total Liabilities & Shareholders Equity7.54B7.38B7.39B7.1B6.93B6.83B6.77B6.92B6.45B6.39B
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: An asset is a resource that a corporation like Magellan Midstream Partners owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for MMP stock as of 2018 Q2 is $7.54B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: The total liabilities of Magellan Midstream Partners for the quarter 2018 Q2 total to $5.38B. Liabilities for a company like Magellan Midstream Partners include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Magellan Midstream Partners Balance Sheet - Key Ratios

Current ratio
0.63
Debt to equity ratio
2.12
Asset turnover ratio
0.37
Receivables turnover
19.65
Price to book ratio
7.55