MarkWest Energy Partners LP (FRA:MWT) Cash-to-Debt : 0.01 (As of Sep. 2015)

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What is MarkWest Energy Partners LP Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. MarkWest Energy Partners LP's cash to debt ratio for the quarter that ended in Sep. 2015 was 0.01.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, MarkWest Energy Partners LP couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2015.

The historical rank and industry rank for MarkWest Energy Partners LP's Cash-to-Debt or its related term are showing as below:

FRA:MWT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: N/A
Current: 0.01

During the past 13 years, MarkWest Energy Partners LP's highest Cash to Debt Ratio was N/A. The lowest was 0.00. And the median was 0.07.

FRA:MWT's Cash-to-Debt is not ranked
in the Oil & Gas industry.
Industry Median: 0.5 vs FRA:MWT: 0.01

MarkWest Energy Partners LP Cash-to-Debt Historical Data

The historical data trend for MarkWest Energy Partners LP's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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MarkWest Energy Partners LP Cash-to-Debt Chart

MarkWest Energy Partners LP Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Cash-to-Debt

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0.05

0.06

0.14

0.03

MarkWest Energy Partners LP Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Cash-to-Debt	Get a 7-Day Free Trial															0.03	0.03	0.06	0.01	0.01

Competitive Comparison of MarkWest Energy Partners LP's Cash-to-Debt

For the Oil & Gas Midstream subindustry, MarkWest Energy Partners LP's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

MarkWest Energy Partners LP's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MarkWest Energy Partners LP's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where MarkWest Energy Partners LP's Cash-to-Debt falls into.

MarkWest Energy Partners LP Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

MarkWest Energy Partners LP's Cash to Debt Ratio for the fiscal year that ended in Dec. 2014 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	88.307	/	(0	+	2936.959)
	=	0.03

MarkWest Energy Partners LP's Cash to Debt Ratio for the quarter that ended in Sep. 2015 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	25.008	/	(0	+	4237.019)
	=	0.01

MarkWest Energy Partners LP (FRA:MWT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

MarkWest Energy Partners LP Cash-to-Debt Related Terms

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MarkWest Energy Partners LP (FRA:MWT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.markwest.com

MarkWest Energy Partners LP a Delaware corporation was formed in Delaware on January 24, 2002. The Company is engaged in the gathering, processing and transportation of natural gas; the gathering, transportation, fractionation, storage and marketing of NGLs; and the gathering and transportation of crude oil. The Company has presence in many unconventional gas plays including the Marcellus Shale, Utica Shale, Huron/Berea Shale, Haynesville Shale, Woodford Shale and Granite Wash formation. The Company conducts operations in the following operating segments: Marcellus, Utica, Northeast and Southwest. Its primary business is to provide top-tier midstream services by developing and operating high-quality, strategically located assets in the liquids-rich areas of six core natural gas producing resource plays in the United States. The Company provides services in the midstream sector of the natural gas industry. The midstream natural gas industry is the link between the exploration for and production of natural gas and the delivery of its hydrocarbon components to end-use markets. In the Marcellus segment, it provides fully integrated natural gas midstream services in southwestern Pennsylvania and northern West Virginia through its wholly owned subsidiary, MarkWest Liberty Midstream. The Company operates five processing complexes in its Marcellus segment that include the Houston Complex located in Washington County, Pennsylvania: the Majorsville Complex located in Marshall County, West Virginia; the Mobley Complex located in Wetzel County, West Virginia; the Sherwood Complex located in Doddridge County, West Virginia; and the Keystone Complex located in Butler County, Pennsylvania. In addition, it operates two gathering systems: one currently delivering over 475 MMcf/d of natural gas to its Houston and Majorsville Complexes and the other delivering over 74 MMcf/d of natural gas to its Keystone complex. MarkWest Utica EMG provides gathering, processing, fractionation and marketing services in the liquids-rich corridor of the Utica Shale in eastern Ohio. In each of its operating segments, the company faces competition for natural gas gathering, crude oil transportation and in obtaining natural gas supplies for its processing and related services; in obtaining unprocessed NGLs for gathering and fractionation; and in marketing its products and services. The Company's processing and fractionation plants, pipelines and associated facilities are subject to multiple obligations and potential liabilities under a variety of stringent and comprehensive federal, regional, state and local laws and regulations governing discharges of materials into the environment or otherwise relating to environmental protection.

MarkWest Energy Partners LP (FRA:MWT) Headlines

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