Rattler Midstream LP

RTLR

RTLRRattler Midstream LP US flag

NASDAQ Global Select

15.22

USD

- -

2.23BMarket Cap

Profitability (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	10.46	13.94	2.57	2.01	10.75
Return on Capital (%)	- -	- -	- -	-15.29	-6.96	5.13
Return on Invested Capital (%)	- -	10.15	15.63	18.61	10.35	9.22
Gross Margin (%)	68.07	64.26	46.02	52.16	46.86	50.09
EBITDA Margin (%)	74.34	69.91	58.56	58.79	55.53	57.05
Operating Margin (%)	66.11	61.04	44.94	49.34	43	44.64
Incremental Operating Margin (%)	- -	59.17	40.58	52.42	162.29	19.53
Pretax Margin (%)	72.48	64.52	43.54	47.35	36.55	43.98
Profit Margin (%)	46.46	52.59	34.13	6.43	8.18	50.6
Net Income to Common Margin (%)	46.46	52.59	34.13	6.43	8.18	50.6
Effective Tax Rate (%)	35.9	18.49	21.61	12.39	6.6	6.04
Dvd Payout Ratio (%)	- -	- -	- -	281.26	63.74	45.97
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -

Credit (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Total Debt	- -	- -	- -	424	571	688
ST Debt	- -	- -	- -	- -	1	- -
LT Debt	- -	- -	- -	424	570	688
Total Debt/EBITDA	- -	- -	- -	1.61	2.42	3.04
Net Debt/EBITDA	- -	- -	-0.08	1.57	2.32	2.95
Total Debt/EBIT	- -	- -	- -	1.92	3.13	3.89
Net Debt/EBIT	- -	- -	-0.1	1.87	3	3.78
EBITDA to Interest Expense	- -	- -	- -	253.32	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	20.61	- -	- -
EBIT to Interest Expense	- -	- -	- -	212.57	- -	- -
Interest Expense	- -	- -	- -	1	- -	- -
Common Equity/Total Assets	- -	- -	- -	- -	- -	- -
Long-Term Debt/Equity (%)	- -	- -	- -	38	48.3	58.93
Long-Term Debt/Capital (%)	- -	- -	- -	52.95	41.79	45.76
Long-Term Debt/Total Assets (%)	- -	- -	- -	25.91	31.51	35.81
Total Debt/Equity (%)	- -	- -	- -	38.04	48.35	58.93
Total Debt/Capital (%)	- -	- -	- -	53	41.83	45.76
Total Debt/Total Assets (%)	- -	- -	- -	25.94	31.55	35.81
Net Debt to Equity	- -	- -	-1.62	37.05	46.27	57.23
Net Debt/Capital (%)	- -	100	100	52.32	40.75	45.03
EBITDA	8	27	108	263	235	226
EBITDA-CapEx	8	27	-57	21	99	34
Operating Income (Loss)	7	24	83	221	182	177

Liquidity (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Cash Ratio	- -	- -	0.14	0.14	0.55	0.41
Current Ratio	127.19	16.76	0.66	1.11	2.26	2.08
Quick Ratio	127.19	16.76	0.45	0.9	2	1.79
CFO/Avg Current Liab	- -	0.01	5.29	3.1	3.81	5.37
Common Equity/Total Assets	- -	- -	- -	- -	- -	- -
Long-Term Debt/Equity (%)	- -	- -	- -	38	48.3	58.93
Long-Term Debt/Capital (%)	- -	- -	- -	52.95	41.79	45.76
Long-Term Debt/Total Assets (%)	- -	- -	- -	25.91	31.51	35.81
Total Debt/Equity (%)	- -	- -	- -	38.04	48.35	58.93
Total Debt/Capital (%)	- -	- -	- -	53	41.83	45.76
Total Debt/Total Assets (%)	- -	- -	- -	25.94	31.55	35.81
CFO/Total Liabilities	- -	0.11	225.55	41.92	36.58	32.91
CFO/CapEx	- -	- -	1.05	0.9	1.68	1.29
Altman's Z-Score	0.45	0.53	0.73	1.41	0.95	0.89

Working Capital (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Accounts Receivable Turnover	- -	1.79	6.59	11.27	6.92	6.07
Days Sales Outstanding	- -	203.35	55.42	32.39	52.72	60.17
Inventory Turnover	- -	- -	21.65	18.21	18.44	17.06
Days Inventory Outstanding	- -	- -	16.86	20.05	19.8	21.39
Accounts Payable Turnover	- -	16.67	121.87	1,775.47	1,545.66	46.75
Accounts Payable Turnover Days	- -	21.9	2.99	0.21	0.24	7.81
Cash Conversion Cycle	- -	181.46	69.29	52.24	72.28	73.76
Inventory to Cash Days	- -	203.35	38.56	12.35	32.92	38.78
Inventories	- -	- -	9	14	10	13
Raw Materials	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	9	14	10	13

Enterprise Value (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Market Capitalization	- -	- -	- -	595	358	434
- Cash & Cash Equivalents	- -	- -	9	11	24	20
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	376	793	815
+ Total Debt	- -	- -	- -	424	571	688
Enterprise Value	- -	- -	-9	1,385	1,698	1,917
Total Capital	- -	- -	- -	801	1,364	1,503
Total Debt/Capital (%)	- -	- -	- -	53	41.83	45.76
Total Debt / EV	- -	- -	- -	0.31	0.34	0.36
EV/Sales	- -	- -	- -	3.09	4.01	4.84
EV/EBITDA	- -	- -	- -	5.26	7.21	8.48
EV/EBIT	- -	- -	- -	6.27	9.32	10.84
EV/Cash Flow to Firm	- -	- -	- -	6.32	7.39	7.73
EV/Free Cash Flow to Firm	- -	- -	- -	3	4.63	4.36
Diluted Market Cap	- -	- -	- -	595	358	434
Diluted Enterprise Value	- -	- -	-9	1,385	1,698	1,917
EV per Share	- -	- -	- -	31.75	38.83	47.13
TTM Sales	11	39	184	448	424	396
TTM EBITDA	8	27	108	263	235	226
TTM Operating Income	7	24	83	221	182	177
TTM Cash Flow to Firm	- -	- -	173	219	230	248
TTM Free Cash Flow to Firm	- -	- -	338	461	367	440

Multiples (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Price/Free Cash Flow	- -	- -	- -	1.29	0.98	0.99
EV/EBIT	- -	- -	- -	6.27	9.32	10.84
Enterprise Value	- -	- -	-9	1,385	1,698	1,917
Low Price	- -	- -	- -	14.01	2.9	9.21
EV/Sales	- -	- -	- -	3.09	4.01	4.84
EV/EBITDA	- -	- -	- -	5.26	7.21	8.48
Price/Earnings	- -	- -	- -	20.65	10.33	2.16
Price/Earnings Average	- -	- -	- -	19.97	9.1	1.99
Price/Earnings High	- -	- -	- -	30.65	22.7	2.68
Price/Earnings Low	- -	- -	- -	21.22	3.66	1.87
Price/Book Value	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	0.54	0.3	0.37
Price/Tangible Book Value Average	- -	- -	- -	0.52	0.27	0.34
Price/Tangible Book Value High	- -	- -	- -	0.8	0.67	0.46
Price/Tangible Book Value Low	- -	- -	- -	0.55	0.11	0.32
Price/Sales	- -	- -	- -	1.33	0.85	1.09
Price/Sales Average	- -	- -	- -	1.28	0.74	1.01
Price/Sales High	- -	- -	- -	1.97	1.86	1.36
Price/Sales Low	- -	- -	- -	1.37	0.3	0.95
Price/Cash Flow	- -	- -	- -	2.73	1.56	1.75
Price/Cash Flow Average	- -	- -	- -	2.64	1.37	1.61
Price/Cash Flow High	- -	- -	- -	4.05	3.43	2.17
Price/Cash Flow Low	- -	- -	- -	2.8	0.55	1.51
Price/Free Cash Flow Average	- -	- -	- -	1.25	0.86	0.91
Price/Free Cash Flow High	- -	- -	- -	1.92	2.15	1.22
Price/Free Cash Flow Low	- -	- -	- -	1.33	0.35	0.85
EV/Sales Average	- -	- -	- -	3.05	3.91	4.75
EV/Sales High	- -	- -	- -	3.74	5.02	5.1
EV/Sales Low	- -	- -	- -	3.13	3.46	4.69
EV/EBITDA Average	- -	- -	-0.08	5.19	7.03	8.33
EV/EBITDA High	- -	- -	-0.08	6.36	9.04	8.94
EV/EBITDA Low	- -	- -	-0.08	5.32	6.23	8.22
EV/EBIT Average	- -	- -	-0.1	6.18	9.08	10.65
EV/EBIT High	- -	- -	-0.1	7.57	11.67	11.43
EV/EBIT Low	- -	- -	-0.1	6.34	8.05	10.5
Last Price	- -	- -	- -	13.63	8.19	10.67
High Price	- -	- -	- -	20.24	18	13.23
Enterprise Value Average	- -	- -	-9	1,365	1,656	1,884
Enterprise Value High	- -	- -	-9	1,673	2,127	2,022
Enterprise Value Low	- -	- -	-9	1,401	1,467	1,858

Profitability (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Return on Common Equity (%)	- -	- -	- -	- -	- -	- -
Return on Assets (%)	- -	10.46	13.94	2.57	2.01	10.75
Return on Capital (%)	- -	- -	- -	-15.29	-6.96	5.13
Return on Invested Capital (%)	- -	10.15	15.63	18.61	10.35	9.22
Gross Margin (%)	68.07	64.26	46.02	52.16	46.86	50.09
EBITDA Margin (%)	74.34	69.91	58.56	58.79	55.53	57.05
Operating Margin (%)	66.11	61.04	44.94	49.34	43	44.64
Incremental Operating Margin (%)	- -	59.17	40.58	52.42	162.29	19.53
Pretax Margin (%)	72.48	64.52	43.54	47.35	36.55	43.98
Profit Margin (%)	46.46	52.59	34.13	6.43	8.18	50.6
Net Income to Common Margin (%)	46.46	52.59	34.13	6.43	8.18	50.6
Effective Tax Rate (%)	35.9	18.49	21.61	12.39	6.6	6.04
Dvd Payout Ratio (%)	- -	- -	- -	281.26	63.74	45.97
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -

Credit (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Total Debt	- -	- -	- -	424	571	688
ST Debt	- -	- -	- -	- -	1	- -
LT Debt	- -	- -	- -	424	570	688
Total Debt/EBITDA	- -	- -	- -	1.61	2.42	3.04
Net Debt/EBITDA	- -	- -	-0.08	1.57	2.32	2.95
Total Debt/EBIT	- -	- -	- -	1.92	3.13	3.89
Net Debt/EBIT	- -	- -	-0.1	1.87	3	3.78
EBITDA to Interest Expense	- -	- -	- -	253.32	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	20.61	- -	- -
EBIT to Interest Expense	- -	- -	- -	212.57	- -	- -
Interest Expense	- -	- -	- -	1	- -	- -
Common Equity/Total Assets	- -	- -	- -	- -	- -	- -
Long-Term Debt/Equity (%)	- -	- -	- -	38	48.3	58.93
Long-Term Debt/Capital (%)	- -	- -	- -	52.95	41.79	45.76
Long-Term Debt/Total Assets (%)	- -	- -	- -	25.91	31.51	35.81
Total Debt/Equity (%)	- -	- -	- -	38.04	48.35	58.93
Total Debt/Capital (%)	- -	- -	- -	53	41.83	45.76
Total Debt/Total Assets (%)	- -	- -	- -	25.94	31.55	35.81
Net Debt to Equity	- -	- -	-1.62	37.05	46.27	57.23
Net Debt/Capital (%)	- -	100	100	52.32	40.75	45.03
EBITDA	8	27	108	263	235	226
EBITDA-CapEx	8	27	-57	21	99	34
Operating Income (Loss)	7	24	83	221	182	177

Liquidity (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Cash Ratio	- -	- -	0.14	0.14	0.55	0.41
Current Ratio	127.19	16.76	0.66	1.11	2.26	2.08
Quick Ratio	127.19	16.76	0.45	0.9	2	1.79
CFO/Avg Current Liab	- -	0.01	5.29	3.1	3.81	5.37
Common Equity/Total Assets	- -	- -	- -	- -	- -	- -
Long-Term Debt/Equity (%)	- -	- -	- -	38	48.3	58.93
Long-Term Debt/Capital (%)	- -	- -	- -	52.95	41.79	45.76
Long-Term Debt/Total Assets (%)	- -	- -	- -	25.91	31.51	35.81
Total Debt/Equity (%)	- -	- -	- -	38.04	48.35	58.93
Total Debt/Capital (%)	- -	- -	- -	53	41.83	45.76
Total Debt/Total Assets (%)	- -	- -	- -	25.94	31.55	35.81
CFO/Total Liabilities	- -	0.11	225.55	41.92	36.58	32.91
CFO/CapEx	- -	- -	1.05	0.9	1.68	1.29
Altman's Z-Score	0.45	0.53	0.73	1.41	0.95	0.89

Working Capital (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Accounts Receivable Turnover	- -	1.79	6.59	11.27	6.92	6.07
Days Sales Outstanding	- -	203.35	55.42	32.39	52.72	60.17
Inventory Turnover	- -	- -	21.65	18.21	18.44	17.06
Days Inventory Outstanding	- -	- -	16.86	20.05	19.8	21.39
Accounts Payable Turnover	- -	16.67	121.87	1,775.47	1,545.66	46.75
Accounts Payable Turnover Days	- -	21.9	2.99	0.21	0.24	7.81
Cash Conversion Cycle	- -	181.46	69.29	52.24	72.28	73.76
Inventory to Cash Days	- -	203.35	38.56	12.35	32.92	38.78
Inventories	- -	- -	9	14	10	13
Raw Materials	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	9	14	10	13

Enterprise Value (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Market Capitalization	- -	- -	- -	595	358	434
- Cash & Cash Equivalents	- -	- -	9	11	24	20
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	376	793	815
+ Total Debt	- -	- -	- -	424	571	688
Enterprise Value	- -	- -	-9	1,385	1,698	1,917
Total Capital	- -	- -	- -	801	1,364	1,503
Total Debt/Capital (%)	- -	- -	- -	53	41.83	45.76
Total Debt / EV	- -	- -	- -	0.31	0.34	0.36
EV/Sales	- -	- -	- -	3.09	4.01	4.84
EV/EBITDA	- -	- -	- -	5.26	7.21	8.48
EV/EBIT	- -	- -	- -	6.27	9.32	10.84
EV/Cash Flow to Firm	- -	- -	- -	6.32	7.39	7.73
EV/Free Cash Flow to Firm	- -	- -	- -	3	4.63	4.36
Diluted Market Cap	- -	- -	- -	595	358	434
Diluted Enterprise Value	- -	- -	-9	1,385	1,698	1,917
EV per Share	- -	- -	- -	31.75	38.83	47.13
TTM Sales	11	39	184	448	424	396
TTM EBITDA	8	27	108	263	235	226
TTM Operating Income	7	24	83	221	182	177
TTM Cash Flow to Firm	- -	- -	173	219	230	248
TTM Free Cash Flow to Firm	- -	- -	338	461	367	440

Multiples (USD)

API Chat

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Price/Free Cash Flow	- -	- -	- -	1.29	0.98	0.99
EV/EBIT	- -	- -	- -	6.27	9.32	10.84
Enterprise Value	- -	- -	-9	1,385	1,698	1,917
Low Price	- -	- -	- -	14.01	2.9	9.21
EV/Sales	- -	- -	- -	3.09	4.01	4.84
EV/EBITDA	- -	- -	- -	5.26	7.21	8.48
Price/Earnings	- -	- -	- -	20.65	10.33	2.16
Price/Earnings Average	- -	- -	- -	19.97	9.1	1.99
Price/Earnings High	- -	- -	- -	30.65	22.7	2.68
Price/Earnings Low	- -	- -	- -	21.22	3.66	1.87
Price/Book Value	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	0.54	0.3	0.37
Price/Tangible Book Value Average	- -	- -	- -	0.52	0.27	0.34
Price/Tangible Book Value High	- -	- -	- -	0.8	0.67	0.46
Price/Tangible Book Value Low	- -	- -	- -	0.55	0.11	0.32
Price/Sales	- -	- -	- -	1.33	0.85	1.09
Price/Sales Average	- -	- -	- -	1.28	0.74	1.01
Price/Sales High	- -	- -	- -	1.97	1.86	1.36
Price/Sales Low	- -	- -	- -	1.37	0.3	0.95
Price/Cash Flow	- -	- -	- -	2.73	1.56	1.75
Price/Cash Flow Average	- -	- -	- -	2.64	1.37	1.61
Price/Cash Flow High	- -	- -	- -	4.05	3.43	2.17
Price/Cash Flow Low	- -	- -	- -	2.8	0.55	1.51
Price/Free Cash Flow Average	- -	- -	- -	1.25	0.86	0.91
Price/Free Cash Flow High	- -	- -	- -	1.92	2.15	1.22
Price/Free Cash Flow Low	- -	- -	- -	1.33	0.35	0.85
EV/Sales Average	- -	- -	- -	3.05	3.91	4.75
EV/Sales High	- -	- -	- -	3.74	5.02	5.1
EV/Sales Low	- -	- -	- -	3.13	3.46	4.69
EV/EBITDA Average	- -	- -	-0.08	5.19	7.03	8.33
EV/EBITDA High	- -	- -	-0.08	6.36	9.04	8.94
EV/EBITDA Low	- -	- -	-0.08	5.32	6.23	8.22
EV/EBIT Average	- -	- -	-0.1	6.18	9.08	10.65
EV/EBIT High	- -	- -	-0.1	7.57	11.67	11.43
EV/EBIT Low	- -	- -	-0.1	6.34	8.05	10.5
Last Price	- -	- -	- -	13.63	8.19	10.67
High Price	- -	- -	- -	20.24	18	13.23
Enterprise Value Average	- -	- -	-9	1,365	1,656	1,884
Enterprise Value High	- -	- -	-9	1,673	2,127	2,022
Enterprise Value Low	- -	- -	-9	1,401	1,467	1,858

	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y
Shares Outstanding	33	33	33	44	42	38
Diluted Weighted Avg Shares	149	149	148	44	44	41
Basic Weighted Avg Shares	149	149	148	44	44	41
Revenue per Share	0.07	0.26	1.25	10.26	9.69	9.74
EBITDA per Share	0.05	0.18	0.73	6.03	5.38	5.56
Operating Income per Share	0.05	0.16	0.56	5.06	4.17	4.35
Basic EPS, GAAP	0.03	0.14	0.43	0.66	0.79	4.93
Basic EPS from Cont Ops	0.03	0.14	0.43	4.26	3.31	4.03
Diluted EPS, GAAP	0.03	0.14	0.43	0.66	0.79	4.93
Diluted EPS from Cont Ops	0.03	0.14	0.43	4.26	3.31	4.03
Dividend per Share	- -	- -	- -	17.84	3.71	3.29
Cash Flow per Share	- -	- -	1.17	5	5.26	6.1
Free Cash Flow per Basic Share	- -	- -	0.06	-0.54	2.13	1.37
Cash & Equivalents per Share	- -	- -	0.06	0.24	0.55	0.49
Book Value per Share	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	0.62	1.96	3.49	25.39	26.88	28.6

Rattler Midstream LP

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)