Midcoast Energy Partners, L.P.
Balance Sheet

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The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Midcoast Energy Partners, L.P.'s balance sheet done over the years? Its assets were worth $4,916,000,000 last year, which is less than in the previous period. 70% of Midcoast Energy Partners, L.P.’s total assets is currently financed by debt. Its liabilities reached the amount of $3,445,300,000, which means an decrease by -6% compared compared to last year.

Debt to Assets

Midcoast Energy Partners, L.P. (NYSE:MEP): Debt to assets
2013 6036400000 4.46B 74%
2014 5150000000 575M 11.17%
2015 5273900000 3.64B 69.16%
2016 4916000000 3.44B 70.08%

MEP Balance Sheet (2013 – 2016)

2016 2015 2014 2013
Assets
Current assets:
Cash and cash equivalents
 7.4M18M42M4.9M
Short term investments
 44.1M80.9M380M10.3M
Net receivables
 20.8M56.1M15M182.2M
Inventory
 28.1M31.9M81M88M
Other current assets
 40.3M118.5M0775.4M
Total current assets
 140.7M305.4M518M1.06B
Non-current assets:
Property, Plant and Equipment
 4.11B4.22B4.15B4.08B
Goodwill
 00226M226.5M
Intangible assets
 251.8M272.9M247M255M
Long term investments
 360.7M372.3M010.3M
Other non-current assets
 48.3M97M0412.6M
Total non-current assets
 4.77B4.96B4.63B4.97B
Total assets
 4.91B5.27B5.15B6.03B
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
 17.2M18.4M20M19.8M
Short term debt
 34.8M45.7M113M114M
Total current liabilities
 301.9M305.7M226M1.13B
Non-current liabilities:
Long term debt
 818.5M890M760M335M
Deferred tax
 0000
Other non-current liabilities
 25.8M45.9M41M16.6M
Total non-current liabilities
 861.8M950.2M801M362.7M
Total liabilities
 3.44B3.64B575M4.46B
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