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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. NGL Energy Partners LP's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.00.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, NGL Energy Partners LPcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for NGL Energy Partners LP's Cash-to-Debt or its related term are showing as below:
During the past 13 years, NGL Energy Partners LP's highest Cash to Debt Ratio was 0.01. The lowest was 0.00. And the median was 0.00.
NGL's Cash-to-Debt is not ranked *
in the Oil & Gas industry.
Industry Median: 0.56 * Ranked among companies with meaningful Cash-to-Debt only.
NGL Energy Partners LP (NYSE:NGL) Cash-to-Debt Explanation
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
NGL Energy Partners LP Cash-to-Debt Related Terms
NGL Energy Partners LP Cash-to-Debt Historical Data
* 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.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Oil & Gas Midstream subindustry, NGL Energy Partners LP's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.
NGL Energy Partners LP Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NGL Energy Partners LP's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where NGL Energy Partners LP's Cash-to-Debt 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.
NGL Energy Partners LP (NGL) has a Cash-to-Debt of 0.00 as of Jun. 2026. According to the industry distribution chart, NGL Energy Partners LP ranks #999999 out of 989 companies in the Oil & Gas industry.
Is NGL Energy Partners LP's Cash-to-Debt too high?
NGL Energy Partners LP's current Cash-to-Debt is 0.00. Based on the distribution chart, NGL Energy Partners LP ranks #999999 out of 989 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NGL Energy Partners LP has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NGL Energy Partners LP's Cash-to-Debt compare to LPG and GEL?
According to the Oil & Gas industry distribution chart, NGL Energy Partners LP ranks #999999 out of 989 companies for Cash-to-Debt. This places NGL Energy Partners LP in the lower half of its industry. The industry median Cash-to-Debt is 0.56. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Oil & Gas company?
The median Cash-to-Debt among Oil & Gas companies is 0.56, based on 989 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Cash-to-Debt is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NGL Energy Partners LP's current Cash-to-Debt is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NGL Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, NGL Energy Partners LP (NGL) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.50, compared to a current price of $16.06 — trading 256.9% above its estimated fair value. The current Cash-to-Debt is 0.00. NGL Energy Partners LP's overall GF Score™ is 52/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Cash-to-Debt is 0.00 as of Jun. 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 NGL Energy Partners LP (NGL) Overvalued in 2026?
Based on GuruFocus' analysis, NGL Energy Partners LP stock appears to be overvalued.
The current stock price of $16.06 is trading 256.9% above its estimated GF Value™ of $4.50.
GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.
Key valuation signals for NGL:
Cash-to-Debt: 0.00
GF Value™: $4.50 vs. price of $16.06 (256.9% above fair value)
No single metric tells the full story. See the NGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NGL Energy Partners LP is a master limited partnership headquartered in Tulsa, Oklahoma, that operates a vertically integrated midstream energy business across the United States and Canada. Its Water Solutions segment, the largest contributor to earnings, gathers and treats produced water from oil and natural gas production and operates saltwater disposal wells, primarily in the Permian Basin, Eagle Ford, and other onshore basins. The Crude Oil Logistics segment transports, stores, and markets crude oil through pipelines, trucking, and terminal facilities. The Liquids Logistics segment supplies natural gas liquids, refined products, and propane to retailers, wholesalers, refiners, and petrochemical companies, and operates propane terminals and storage. The partnership generates revenue through fee-based gathering, transportation, disposal, and storage services, supplemented by commodity marketing margins. NGL serves exploration and production companies, refiners, and wholesale fuel distributors.
52GF Score
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