Global Partners LP

Global Partners LPverified

GLP-PA

Price:

$25.54

Market Cap:

$1.46B

Global Partners LP engages in purchasing, selling, storing, and the logistics of transporting petroleum and related products. It operates through the following business segments: Wholesale, Gasoline Distribution and Station Operations (GDSO), and Commercial. The Wholesale segment sells branded and unbranded gasoline and gasoline blendstocks and diesel to wholesale distributors. The GDSO segment includes the sale of branded and unbranded gasoline to gasoline station operators and sub jobbers. The Commercial segment refers to the sales and deliveries to end user customers in the public sector and to large commercial and industrial end users of unbranded gasoline, home heating oil, diesel, kero...[Read more]

Industry

Oil & Gas Midstream

IPO Date

2018-08-02

Stock Exchange

NYSE

Ticker

GLP-PA

The Current Ratio as of September 2024 (TTM) for Global Partners LP (GLP-PA) is 1.10

According to Global Partners LP’s latest financial reports and current stock price. The company's current Current Ratio is 1.10. This represents a change of -2.88% compared to the average of 1.13 of the last 4 quarters.

Global Partners LP (GLP-PA) Historical Current Ratio (quarterly & annually)

How has GLP-PA Current Ratio performed in the past?

The mean historical Current Ratio of Global Partners LP over the last ten years is 1.35. The current 1.10 Current Ratio has changed 8.06% with respect to the historical average. Over the past ten years (40 quarters), GLP-PA'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.

Quarterly (TTM)
Annual

Average

1.35

Median

1.34

Minimum

1.12

Maximum

1.57

Global Partners LP (GLP-PA) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.12-7.19%
20221.20-5.12%
20211.27-19.23%
20201.5717.87%
20191.33-11.25%
20181.5014.32%
20171.31-2.40%
20161.35-7.70%
20151.467.30%
20141.36-3.85%

Global Partners LP (GLP-PA) Average Current Ratio

How has GLP-PA Current Ratio performed in the past?

The current Current Ratio of Global Partners LP (GLP-PA) 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 (GLP-PA) Current Ratio vs. Peers

How is GLP-PA’s Current Ratio compared to its peers?

Global Partners LP’s Current Ratio is less than Tsakos Energy Navigation Limited (0), greater than Tsakos Energy Navigation Limited (0), greater than GasLog Partners LP (0), greater than Dynagas LNG Partners LP (0.99), less than GasLog Partners LP (99.89), greater than Holly Energy Partners, L.P. (0.99), greater than Hess Midstream LP (0.11), less than Crestwood Equity Partners LP (1.11), less than GasLog Partners LP (1.31), greater than DCP Midstream, LP (0.99), greater than Dorian LPG Ltd. (0.88), less than Golar LNG Limited (4.60), less than Cheniere Energy, Inc. (1.24), greater than Scorpio Tankers Inc. (1.02), less than Frontline Ltd. (2.67), less than null (1.38),

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Frequently asked questions❓

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