Teekay Offshore Partners LP

Find Ratings Reports
TOO : NYSE : Services
$2.59 up 0.03 | 1.17%
Today's Range: 2.58 - 2.69
Avg. Daily Volume: 1175300.0
06/28/17 - 4:02 PM ET

Financial Analysis

TEEKAY OFFSHORE PARTNERS LP's gross profit margin for the first quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased. TEEKAY OFFSHORE PARTNERS LP has very weak liquidity. Currently, the Quick Ratio is 0.46 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity decreased from the same period a year ago, despite already having very weak liquidity to begin with. This would indicate deteriorating cash flow.

During the same period, stockholders' equity ("net worth") has increased by 20.66% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.

Income Statement Q1 FY17 Q1 FY16
Net Sales ($mil)276.14302.71
EBITDA ($mil)135.63159.22
EBIT ($mil)60.9184.3
Net Income ($mil)18.89-4.41

Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)290.73342.59
Total Assets ($mil)5617.165651.59
Total Debt ($mil)3121.113291.25
Equity ($mil)1359.971127.02

Profitability Q1 FY17 Q1 FY16
Gross Profit Margin54.4157.38
EBITDA Margin49.1152.59
Operating Margin22.0627.85
Sales Turnover0.20.22
Return on Assets0.991.84
Return on Equity0.446.01
Debt Q1 FY17 Q1 FY16
Current Ratio0.520.53
Interest Expense43.27101.91
Interest Coverage1.410.83

Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)149.72107.13
Div / share0.110.11
Book value / share9.0810.52
Institutional Own % n/a n/a
Avg Daily Volume1082829.0759254.0


SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. For additional comparison, its price-to-book ratio of 0.21 indicates a significant discount versus the S&P 500 average of 3.09 and a significant discount versus the industry average of 80.37. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, TEEKAY OFFSHORE PARTNERS LP proves to trade at a discount to investment alternatives within the industry.

1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
TOO NM Peers 50.87   TOO 1.04 Peers 14.93

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

TOO's P/E is negative making this valuation measure meaningless.


Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

TOO is trading at a significant discount to its peers.

1 2 3 4 5
premium   discount
  Price to
1 2 3 4 5
premium   discount
TOO 2.69 Peers 23.67   TOO NA Peers 0.54

Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.

TOO is trading at a significant discount to its peers.


Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

Ratio not available.

1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
TOO 0.21 Peers 80.37   TOO -197.91 Peers 98.98

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

TOO is trading at a significant discount to its peers.


Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, TOO is expected to significantly trail its peers on the basis of its earnings growth rate.

1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
TOO 0.26 Peers 2.12   TOO -11.47 Peers 7.09

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

TOO is trading at a significant discount to its industry on this measurement.


Lower. A sales growth rate that trails the industry implies that a company is losing market share.

TOO significantly trails its peers on the basis of sales growth



Latest Stock Upgrades/Downgrades