Suburban Propane Partners, L.P.

NYSE SPH

Suburban Propane Partners, L.P. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 28, 2024: 3.02

Suburban Propane Partners, L.P. Debt to Equity Ratio is 3.02 for the Trailing 12 Months (TTM) ending September 28, 2024, a -0.78% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Suburban Propane Partners, L.P. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2023 was 3.05, a -68.34% change year over year.
  • Suburban Propane Partners, L.P. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 24, 2022 was 9.62, a 144.25% change year over year.
  • Suburban Propane Partners, L.P. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 25, 2021 was 3.94, a -6.12% change year over year.
  • Suburban Propane Partners, L.P. Debt to Equity Ratio for the Trailing 12 Months (TTM) ending September 26, 2020 was 4.19, a 29.50% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NYSE: SPH

Suburban Propane Partners, L.P.

CEO Mr. Michael A. Stivala
IPO Date Feb. 29, 1996
Location United States
Headquarters 240 Route 10 West
Employees 3,240
Sector Energy
Industries
Description

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users. It offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces, as a cutting gas to the industrial customers, and in other process applications; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 25, 2021, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 41 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is headquartered in Whippany, New Jersey.

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StockViz Staff

January 15, 2025

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