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

Add to My Stocks
$51.44 $0.19 (0.37%) PSXP stock closing price Jun 21, 2018 (Closing)

The fundamental analysis of this company requires a thorough look at Phillips 66 Partners balance sheet. 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 Phillips 66 Partners stock analysis. Good quarterly results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. Phillips 66 Partners had a long term debt of $2.92B at the end of 2018 Q1. 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 1.32.

View and download Phillips 66 Partners quarterly results to get the balance sheet details for the latest 40 quarters data.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash167M185M2M1M1M2M19M35.7M20.1M48M
Marketable Securities----------
Receivables91M86M70M76M72M83M41.4M39M38M24.7M
Inventory13M12M12M12M12M11M5.5M5.5M5.2M2.5M
Raw Materials13M12M12M12M12M11M5.5M5.5M5.2M2.5M
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets12M9M3M5M3M4M4.2M3.4M1.6M2.2M
Total Current Assets
283M292M87M94M88M100M70.1M83.6M64.9M77.4M
Property Plant & Equipment3.79B3.75B3.48B3.45B3.42B3.4B2B1.98B1.93B760.4M
Accumulated Depreciation864M836M803M777M751M725M325.6M310.7M285.4M268M
Net Property Plant & Equipment
2.93B2.92B2.68B2.67B2.67B2.68B1.67B1.67B1.64B492.4M
Investment & Advances1.99B1.93B1.27B1.21B1.18B1.14B1.1B1.01B967.1M944.9M
Other Non-Current Assets----------
Deferred Charges7M7M7M5M5M5M5.3M5.4M5.4M5.6M
Intangibles185M185M185M185M185M185M2.5M2.5M2.5M2.5M
Deposits & Other Assets---2M2M2M24.9M---
Total Assets
5.39B5.33B4.22B4.17B4.13B4.11B2.88B2.77B2.68B1.52B
Notes Payable----------
Accounts Payable50M60M41M41M39M43M26.9M25.8M21.2M12.2M
Current Portion Long-Term Debt25M25M17M25M2M15M50M---
Current Portion Capital Leases----------
Accrued Expenses50M49M50M42M44M36M16.9M29.2M16M21M
Income Taxes Payable----------
Other Current Liabilities61M37M27M25M19M17M11.1M6.6M6M4.5M
Total Current Liabilities
186M171M135M133M104M111M104.9M61.6M43.2M37.7M
Mortgages----------
Deferred Taxes/Income34M71M24M25M25M25M20.9M20.5M17.7M-
Convertible Debt----------
Long-Term Debt2.92B2.92B2.27B2.23B2.36B2.4B1.09B1.34B1.3B1.09B
Non-Current Capital Leases----------
Other Long-Term Liabilities11M11M12M12M11M11M4.9M4.7M4.2M4.7M
Total Liabilities
3.15B3.17B2.44B2.4B2.5B2.54B1.22B1.43B1.37B1.13B
Minority Interest----------
Preferred Stock746M746M--------
Common Stock Net1.49B1.42B1.78B1.77B1.63B1.57B1.66B1.34B463.2M391.6M
Capital Surplus----------
Retained Earnings----------
Treasury Stock----------
Other Liabilities-1M-1M-1M-1M-1M-1M-1.2M-0.8M850.9M-1.5M
Shareholders Equity2.23B2.16B1.78B1.77B1.63B1.57B1.66B1.34B1.31B390.1M
Total Liabilities & Shareholders Equity5.39B5.33B4.22B4.17B4.13B4.11B2.88B2.77B2.68B1.52B
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Click here to view our Targa Resources financial analysis

Most investors just check the Phillips 66 Partners stock price, and Phillips 66 Partners historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Phillips 66 Partners PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Phillips 66 Partners owns and has monetary significance. PSXP assets grew from $5.33B in 2017 Q4 to $5.39B in 2018 Q1. 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 or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Phillips 66 Partners is $3.15B. Shareholders equity comes under liabilities as it is money the company owes the holders of PSXP stock.

Phillips 66 Partners Balance Sheet - Key Ratios

Current ratio
1.52
Debt to equity ratio
1.32
Asset turnover ratio
0.27
Receivables turnover
14.75
Price to book ratio
3.28