Suburban Propane Partners, L.P.

NYSE:SPH Stock Report

Market Cap: US$1.1b

Suburban Propane Partners Balance Sheet Health

Financial Health criteria checks 1/6

Suburban Propane Partners has a total shareholder equity of $547.1M and total debt of $1.2B, which brings its debt-to-equity ratio to 221.2%. Its total assets and total liabilities are $2.3B and $1.7B respectively. Suburban Propane Partners's EBIT is $171.3M making its interest coverage ratio 2.3. It has cash and short-term investments of $3.2M.

Key information

221.2%

Debt to equity ratio

US$1.21b

Debt

Interest coverage ratio2.3x
CashUS$3.22m
EquityUS$547.06m
Total liabilitiesUS$1.73b
Total assetsUS$2.27b

Recent financial health updates

No updates

Recent updates

Suburban Propane: Attractive Distribution With Manageable Debt

Nov 05

Suburban Propane's 40% Gain In 6 Months Needs Cautious Watching

Feb 14

Suburban Propane Partners Is Well-Positioned For Long-Run Accretive Growth

Jan 26

Suburban Propane: M&A Rumors Boost Stock Price, Maintain Hold

Nov 16

Suburban Propane: Downgrading To Hold On Softening Fundamentals

Sep 01

Suburban Propane Partners Is Facing A Challenging Macroeconomic Backdrop

Jun 16

Suburban Propane Partners: Steady Q1, Further Expansion Into RNG

Feb 14

Suburban Propane Partners: Turning Waste Into Future Distribution Growth

Feb 04

Suburban Propane Partners declares $0.325 dividend

Jan 19

Suburban Propane partners with Equilibrium Capital for $190M RNG assets deal

Dec 28

Suburban Propane Partners GAAP EPS of -$0.86 misses by $0.41, revenue of $237.63M

Nov 10

Suburban Propane Partners declares $0.325 dividend

Oct 20

Suburban Propane Partners: What! No Distribution Growth?

Oct 13

Suburban Propane team up with David's house to donate for families with children receiving treatment through Dartmouth Health Children's hospital

Sep 09

Suburban Propane Partners: Steady Quarter; Thesis Intact

Aug 06

Suburban Propane Partners goes ex-dividend tomorrow

Jul 29

Suburban Propane Partners: Resilient To Inflation And A Potential Recession

Jun 27

Suburban Propane Partners: Buy These Undervalued Units Trading At An 8.7% Yield

Mar 24

Suburban Propane Partners, L.P.: Old School Value

Feb 11

The 9.2% Distribution Yield Of Suburban Propane Partners Is Attractive

Dec 27

Suburban Propane Partners: A 10%+ Yield Ahead In The New Age Of Distribution Growth

Sep 06

Suburban Propane Partners: The Forgotten MLP That's Over 50% Undervalued

Jun 28

Suburban Propane Partners prices private offering of senior notes

May 10

Suburban Propane Partners EPS beats by $0.28, beats on revenue

May 06

Suburban Propane Partners EPS beats by $0.05, misses on revenue

Feb 04

Financial Position Analysis

Short Term Liabilities: SPH's short term assets ($157.5M) do not cover its short term liabilities ($306.1M).

Long Term Liabilities: SPH's short term assets ($157.5M) do not cover its long term liabilities ($1.4B).


Debt to Equity History and Analysis

Debt Level: SPH's net debt to equity ratio (220.7%) is considered high.

Reducing Debt: SPH's debt to equity ratio has reduced from 289.5% to 221.2% over the past 5 years.

Debt Coverage: SPH's debt is not well covered by operating cash flow (13.3%).

Interest Coverage: SPH's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 11:47
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/28
Annual Earnings2024/09/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Suburban Propane Partners, L.P. is covered by 14 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Richard GrossBarclays
John TysselandCitigroup Inc