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benfrankledger

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benfrankledger

Re: Couch post# 192

Monday, 11/20/2017 6:24:23 PM

Monday, November 20, 2017 6:24:23 PM

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At the start of this year, the MLP’s adjusted EBITDA (ttm basis) was $5.6 billion which translated into a long-term debt to adjusted EBITDA ratio of 5.7x.

Since then, Energy Transfer Partners has improved its earnings by 10.4% which led to a drop in leverage ratio to 5.4x.
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