GLP
Price:
$53.01
Market Cap:
$1.80B
Global Partners LP engages in the purchasing, selling, gathering, blending, storing, and logistics of transporting gasoline and gasoline blendstocks, distillates, residual oil, renewable fuels, crude oil, and propane to wholesalers, retailers, and commercial customers in the New England states, Mid-Atlantic region, and New York. The company is also involved in the transportation of petroleum products and renewable fuels through rail from the mid-continent region of the United States and Canada. Its Wholesale segment sells home heating oil, branded and unbranded gasoline and gasoline blendstocks, diesel, kerosene, residual oil, and propane to home heating oil retailers and wholesale distribut...[Read more]
Industry
Oil & Gas Midstream
IPO Date
2005-09-29
Stock Exchange
NYSE
Ticker
GLP
According to Global Partners LP’s latest financial reports and current stock price. The company's current Current Ratio is 1.14. This represents a change of 1.00% compared to the average of 1.13 of the last 4 quarters.
The mean historical Current Ratio of Global Partners LP over the last ten years is 1.35. The current 1.14 Current Ratio has changed 8.39% with respect to the historical average. Over the past ten years (40 quarters), GLP's Current Ratio was at its highest in in the March 2020 quarter at 1.84. The Current Ratio was at its lowest in in the June 2024 quarter at 1.10.
Average
1.35
Median
1.34
Minimum
1.12
Maximum
1.57
Discovering the peaks and valleys of Global Partners LP Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 17.87%
Maximum Annual Current Ratio = 1.57
Minimum Annual Increase = -19.23%
Minimum Annual Current Ratio = 1.12
Year | Current Ratio | Change |
---|---|---|
2023 | 1.12 | -7.19% |
2022 | 1.20 | -5.12% |
2021 | 1.27 | -19.23% |
2020 | 1.57 | 17.87% |
2019 | 1.33 | -11.25% |
2018 | 1.50 | 14.32% |
2017 | 1.31 | -2.40% |
2016 | 1.35 | -7.70% |
2015 | 1.46 | 7.30% |
2014 | 1.36 | -3.85% |
The current Current Ratio of Global Partners LP (GLP) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.20
5-year avg
1.30
10-year avg
1.35
Global Partners LP’s Current Ratio is greater than Plains All American Pipeline, L.P. (1.01), greater than NuStar Energy L.P. (0.81), greater than Genesis Energy, L.P. (1.03), greater than Western Midstream Partners, LP (1.11), greater than Hess Midstream LP (0.70), less than Crestwood Equity Partners LP (1.31), greater than DT Midstream, Inc. (0.95), greater than MPLX LP (0.99), greater than Holly Energy Partners, L.P. (0.11), greater than Antero Midstream Corporation (1.09), greater than Dynagas LNG Partners LP (0.70), greater than GasLog Partners LP (0.48), greater than GasLog Ltd. (0.90), greater than GasLog Partners LP (0.48),
Company | Current Ratio | Market cap |
---|---|---|
1.01 | $12.62B | |
0.81 | $2.78B | |
1.03 | $1.44B | |
1.11 | $14.79B | |
0.70 | $8.02B | |
1.31 | $2.97B | |
0.95 | $10.55B | |
0.99 | $50.43B | |
0.11 | $2.59B | |
1.09 | $7.59B | |
0.70 | $164.87M | |
0.48 | $415.51M | |
0.90 | $1.41B | |
0.48 | $408.87M |
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