Phillips 66 Partners Balance Sheet - Annual (NYSE:PSXP)

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$50.13 $1.05 (2.14%) PSXP stock closing price Mar 16, 2018 (Closing)

A balance sheet is one of the three key financial statements released by a publicly listed company like Phillips 66 Partners, and helps in stock analysis. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Phillips 66 Partners stock analysis. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Phillips 66 Partners had a long term debt of $2.4B at the end of 2016. To understand the debt servicing capacity of the company, one needs to look at Phillips 66 Partners operating cash flow and Phillips 66 Partners revenue also. Phillips 66 Partners debt to equity ratio is 1.36.

View latest 10 year balance sheet data to check Phillips 66 Partners financial performance.
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Fiscal year is Jan - Dec201620152014201320122011
Marketable Securities------
Raw Materials11M2.5M2.2M---
Work In Progress------
Finished Goods------
Notes Receivable------
Other Current Assets4M2.2M2.7M2.3M--
Total Current Assets
Property Plant & Equipment3.4B760.4M732.4M214.5M208.2M-
Accumulated Depreciation725M268M247.3M78.6M72.4M-
Net Property Plant & Equipment
Investment & Advances1.14B944.9M----
Other Non-Current Assets------
Deferred Charges5M5.6M6.4M6.4M6.1M-
Deposits & Other Assets2M-----
Total Assets
Notes Payable------
Accounts Payable43M12.2M28.2M8.2M1.4M-
Current Portion Long-Term Debt15M-----
Current Portion Capital Leases------
Accrued Expenses36M21M4.6M1M--
Income Taxes Payable------
Other Current Liabilities17M4.5M----
Total Current Liabilities
Deferred Taxes/Income25M-----
Convertible Debt------
Long-Term Debt2.4B1.09B429.6M---
Non-Current Capital Leases------
Other Long-Term Liabilities11M4.7M4M---
Total Liabilities
Minority Interest------
Preferred Stock------
Common Stock Net1.57B391.6M72.2M574.1M--
Capital Surplus------
Retained Earnings------
Treasury Stock------
Other Liabilities-1M-1.5M--142M-
Shareholders Equity1.57B390.1M72.2M574.1M142M-
Total Liabilities & Shareholders Equity4.11B1.52B539.5M584.2M144.9M-
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 Phillips 66 Partners stock price by looking at Phillips 66 Partners historical stock prices. One can compare PE with industry average by looking at the Phillips 66 Partners PE ratio chart. The common balance sheet items are:

  • Assets: An asset is a resource that a corporation like Phillips 66 Partners owns and has monetary significance. PSXP assets grew from $1.52B in 2015 to $4.11B in 2016. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. PSXP stock had total liabilities of $2.54B for the year 2016.

Phillips 66 Partners Balance Sheet - Key Ratios

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