Energy Transfer: A Deep Dive Into Debt Leverage And Return On Capital

Energy Transfer LP common units continue to offer a solid income investment with a secure 6.75% distribution and potential for 3–5% annual growth. In this article, we get granular: how to determine Energy Transfer's debt leverage ratio and CROIC (cash return on capital employed) like a pro. Due to ET's capital structure and accounting requirements, it's important to look deeper than the earnings report headline numbers.