NGL Energy Gross Profit vs. Price To Earning
| 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.
NGL |
NGL Energy Partners Price To Earning vs. Gross Profit 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 considered to be number one stock in gross profit category among its peers. It also is considered to be number one stock in price to earning category among its peers . The ratio of Gross Profit to Price To Earning for NGL Energy Partners is about 83,793,057 . 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 Earning vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
NGL Energy |
| = | 808.6 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
NGL Energy |
| = | 9.65 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
NGL Price To Earning Comparison
NGL Energy is currently under evaluation in price to earning 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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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.