NGL Energy Cash Per Share vs. Price To Sales
| NGL-PB Preferred Stock | USD 23.66 0.26 1.11% |
For NGL Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NGL Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NGL Energy Partners utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NGL Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NGL Energy Partners over time as well as its relative position and ranking within its peers.
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NGL Energy Partners Price To Sales vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NGL Energy's current stock value. Our valuation model uses many indicators to compare NGL Energy value to that of its competitors to determine the firm's financial worth. NGL Energy Partners is rated below average in cash per share category among its peers. It is considered to be number one stock in price to sales category among its peers fabricating about 0.38 of Price To Sales per Cash Per Share. The ratio of Cash Per Share to Price To Sales for NGL Energy Partners is roughly 2.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NGL Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NGL Energy's Preferred Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NGL Price To Sales vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.20 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
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| = | 0.08 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
NGL Price To Sales Comparison
NGL Energy is currently under evaluation in price to sales category among its peers.
NGL Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NGL Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NGL Energy will eventually generate negative long term returns. The profitability progress is the general direction of NGL Energy's change in net profit over the period of time. It can combine multiple indicators of NGL Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
NGL Energy Partners LP engages in the crude oil logistics, water solutions, and liquids and refined products businesses. The company was founded in 1940 and is headquartered in Tulsa, Oklahoma. NGL ENERGY operates under Oil Gas Refining Marketing classification in the United States and is traded on NYQ Exchange. It employs 1400 people.
NGL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NGL Energy. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NGL Energy position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NGL Energy's important profitability drivers and their relationship over time.
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An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 constituents at this time.
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Other Information on Investing in NGL Preferred Stock
To fully project NGL Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NGL Energy Partners at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NGL Energy's income statement, its balance sheet, and the statement of cash flows.