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Energy Transfer LPET +0.20%83 Cash Ratio is 0.05 as of Mar. 2026, which is at its 10-year median of 0.05. GuruFocus rates ET with a GF Score™ of 83/100 and a GF Value™ of $19.46 (Fairly Valued). The stock has 11 warning signs investors should review. Among 963 Oil & Gas companies, Energy Transfer LP ranks worse than 87.95% on this metric.
Energy Transfer LP has a Cash Ratio of 0.05. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for Energy Transfer LP's Cash Ratio or its related term are showing as below:
ET'
s Cash Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.05 Max: 0.29
Current: 0.05
During the past 13 years, Energy Transfer LP's highest Cash Ratio was 0.29. The lowest was 0.01. And the median was 0.05.
ET's Cash Ratio is ranked worse than 87.95% of 963
companies
in the Oil & Gas industry
Industry Median: 0.44
vs ET: 0.05
Energy Transfer LP (NYSE:ET) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Energy Transfer LP Cash Ratio Related Terms
Energy Transfer LP Cash Ratio Historical Data
* Premium members only.
The historical data trend for Energy Transfer LP's Cash Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Midstream subindustry, Energy Transfer LP's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Energy Transfer LP Cash Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy Transfer LP's Cash Ratio distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's Cash Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Energy Transfer LP (ET) has a Cash Ratio of 0.05 as of Mar. 2026. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Energy Transfer LP and its competitors. This is near median its historical median of 0.05. Over the past decade, Energy Transfer LP's Cash Ratio has ranged from 0.01 to 0.29. According to the industry distribution chart, Energy Transfer LP ranks #847 out of 963 companies in the Oil & Gas industry, placing it in the top 88%.
Is Energy Transfer LP's Cash Ratio too high?
Energy Transfer LP's current Cash Ratio of 0.05 is near median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.29. The Oil & Gas industry median Cash Ratio is 0.44. Energy Transfer LP's value of 0.05 is 88.6% below this industry median. Based on the distribution chart, Energy Transfer LP ranks #847 out of 963 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Energy Transfer LP has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Transfer LP's Cash Ratio compare to KMI and TRGP?
According to the Oil & Gas industry distribution chart, Energy Transfer LP ranks #847 out of 963 companies for Cash Ratio. This places Energy Transfer LP in the lower half of its industry. The industry median Cash Ratio is 0.44. Energy Transfer LP's value of 0.05 is 88.6% below this benchmark. Historically, Energy Transfer LP's own Cash Ratio has ranged from 0.01 to 0.29 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.44, Energy Transfer LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Ratio for an Oil & Gas company?
The median Cash Ratio among Oil & Gas companies is 0.44, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Transfer LP's current Cash Ratio of 0.05 is 88.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Ratio mean?
A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Energy Transfer LP and its competitors. For the Oil & Gas industry, the median Cash Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Transfer LP's current Cash Ratio is 0.05, which is near median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Transfer LP stock overvalued right now?
Based on GuruFocus' analysis, Energy Transfer LP (ET) is currently considered Fairly Valued. The stock's GF Value™ is $19.46, compared to a current price of $20.24 — trading 4% above its estimated fair value. The current Cash Ratio is 0.05, which is near median its 10-year median of 0.05 and 88.6% below the Oil & Gas industry median of 0.44. Energy Transfer LP's overall GF Score™ is 83/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Ratio calculated?
Cash Ratio is calculated from a company's financial statements. For Energy Transfer LP (ET), the current Cash Ratio is 0.05 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Energy Transfer LP (ET) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Transfer LP stock appears to be overvalued.
The current stock price of $20.24 is trading 4% above its estimated GF Value™ of $19.46.
GuruFocus considers Energy Transfer LP to be Fairly Valued.
Key valuation signals for ET:
Cash Ratio: 0.05 (near median its 10-year median of 0.05)
GF Value™: $19.46 vs. price of $20.24 (4% above fair value)
Industry Position: 88.6% below the Oil & Gas median (#847 of 963)
No single metric tells the full story. See the ET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Transfer is a diversified midstream firm operating from wellhead to consuming demand. It handles natural gas, natural gas liquids, crude oil, and refined products. Commodities are moved through its network of field-level gathering and processing to refineries and demand centers. Operations are concentrated in Texas and the midcontinent United States. It also controls Sunoco and USA Compression through its general partner relationship.
83GF Score
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