NGL Change To Account Receivables from 2010 to 2024

NGL Stock  USD 4.83  0.09  1.90%   
NGL Energy Change To Account Receivables yearly trend continues to be quite stable with very little volatility. Change To Account Receivables may rise above about 241.9 M this year. From the period between 2010 and 2024, NGL Energy, Change To Account Receivables regression line of its data series had standard deviation of  257,636,320 and standard deviation of  257,636,320. View All Fundamentals
 
Change To Account Receivables  
First Reported
2009-03-31
Previous Quarter
61 M
Current Value
24.1 M
Quarterly Volatility
172.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check NGL Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among NGL Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 296.9 M, Interest Expense of 139.2 M or Selling General Administrative of 85.4 M, as well as many indicators such as Price To Sales Ratio of 0.2, Dividend Yield of 0.15 or PTB Ratio of 0.78. NGL financial statements analysis is a perfect complement when working with NGL Energy Valuation or Volatility modules.
  
Check out the analysis of NGL Energy Correlation against competitors.

Latest NGL Energy's Change To Account Receivables Growth Pattern

Below is the plot of the Change To Account Receivables of NGL Energy Partners over the last few years. It is NGL Energy's Change To Account Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in NGL Energy's overall financial position and show how it may be relating to other accounts over time.
Change To Account Receivables10 Years Trend
Very volatile
   Change To Account Receivables   
       Timeline  

NGL Change To Account Receivables Regression Statistics

Arithmetic Mean19,429,760
Geometric Mean100,887,515
Coefficient Of Variation1,326
Mean Deviation192,775,477
Median15,141,000
Standard Deviation257,636,320
Sample Variance66376.5T
Range903.1M
R-Value0.07
Mean Square Error71151.3T
R-Squared0
Significance0.81
Slope3,920,549
Total Sum of Squares929270.6T

NGL Change To Account Receivables History

2024241.9 M
2023230.4 M
202286.6 M
2021-397.6 M
2020-162 M
2019436.3 M
2018-185.7 M

About NGL Energy Financial Statements

NGL Energy investors utilize fundamental indicators, such as Change To Account Receivables, to predict how NGL Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Account Receivables230.4 M241.9 M

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When determining whether NGL Energy Partners is a strong investment it is important to analyze NGL Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NGL Energy's future performance. For an informed investment choice regarding NGL Stock, refer to the following important reports:
Check out the analysis of NGL Energy Correlation against competitors.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NGL Energy. If investors know NGL will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NGL Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
(2.34)
Revenue Per Share
50.855
Quarterly Revenue Growth
(0.14)
Return On Assets
0.0357
The market value of NGL Energy Partners is measured differently than its book value, which is the value of NGL that is recorded on the company's balance sheet. Investors also form their own opinion of NGL Energy's value that differs from its market value or its book value, called intrinsic value, which is NGL Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NGL Energy's market value can be influenced by many factors that don't directly affect NGL Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NGL Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NGL Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NGL Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.