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Suburban Propane Partners LPSPH +0.27%57 Current Ratio is 1.08 as of Mar. 2026, which is 35% above its 10-year median of 0.80. GuruFocus rates SPH with a GF Score™ of 57/100 and a GF Value™ of $18.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 507 Utilities - Regulated companies, Suburban Propane Partners LP ranks better than 50.49% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Suburban Propane Partners LP's current ratio for the quarter that ended in Mar. 2026 was 1.08.
Suburban Propane Partners LP has a current ratio of 1.08. It generally indicates good short-term financial strength.
The historical rank and industry rank for Suburban Propane Partners LP's Current Ratio or its related term are showing as below:
SPH'
s Current Ratio Range Over the Past 10 Years
Min: 0.47 Med: 0.8 Max: 1.41
Current: 1.08
During the past 13 years, Suburban Propane Partners LP's highest Current Ratio was 1.41. The lowest was 0.47. And the median was 0.80.
SPH's Current Ratio is ranked better than 50.49% of 507
companies
in the Utilities - Regulated industry
Industry Median: 1.08
vs SPH: 1.08
Suburban Propane Partners LP (NYSE:SPH) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Suburban Propane Partners LP Current Ratio Related Terms
Suburban Propane Partners LP Current Ratio 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.
For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP's Current Ratio, along with its competitors' market caps and Current 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.
Suburban Propane Partners LP Current Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Current Ratio distribution charts can be found below:
* The bar in red indicates where Suburban Propane Partners LP's Current 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.
Suburban Propane Partners LP (SPH) has a Current Ratio of 1.08 as of Mar. 2026. This is 35% above median its historical median of 0.80. Over the past decade, Suburban Propane Partners LP's Current Ratio has ranged from 0.47 to 1.41. According to the industry distribution chart, Suburban Propane Partners LP ranks #251 out of 507 companies in the Utilities - Regulated industry, placing it in the top 49.5%.
Is Suburban Propane Partners LP's Current Ratio too high?
Suburban Propane Partners LP's current Current Ratio of 1.08 is 35% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 1.41. The Utilities - Regulated industry median Current Ratio is 1.08. Suburban Propane Partners LP's value of 1.08 is 0% at this industry median. Based on the distribution chart, Suburban Propane Partners LP ranks #251 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Suburban Propane Partners LP has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suburban Propane Partners LP's Current Ratio compare to NWN and RGCO?
According to the Utilities - Regulated industry distribution chart, Suburban Propane Partners LP ranks #251 out of 507 companies for Current Ratio. This puts Suburban Propane Partners LP in the upper half of its industry. The industry median Current Ratio is 1.08. Suburban Propane Partners LP's value of 1.08 is 0% at this benchmark. Historically, Suburban Propane Partners LP's own Current Ratio has ranged from 0.47 to 1.41 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 1.08, Suburban Propane Partners LP has consistently been at 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 Current Ratio for an Utilities - Regulated company?
The median Current Ratio among Utilities - Regulated companies is 1.08, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Suburban Propane Partners LP's current Current Ratio of 1.08 is 0% at 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Utilities - Regulated industry, the median Current Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suburban Propane Partners LP's current Current Ratio is 1.08, which is 35% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suburban Propane Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Suburban Propane Partners LP (SPH) is currently considered Fairly Valued. The stock's GF Value™ is $18.09, compared to a current price of $18.66 — trading 3.2% above its estimated fair value. The current Current Ratio is 1.08, which is 35% above median its 10-year median of 0.80 and 0% at the Utilities - Regulated industry median of 1.08. Suburban Propane Partners LP's overall GF Score™ is 57/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Suburban Propane Partners LP (SPH), the current Current Ratio is 1.08 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 Suburban Propane Partners LP (SPH) Overvalued in 2026?
Based on GuruFocus' analysis, Suburban Propane Partners LP stock appears to be overvalued.
The current stock price of $18.66 is trading 3.2% above its estimated GF Value™ of $18.09.
GuruFocus considers Suburban Propane Partners LP to be Fairly Valued.
Key valuation signals for SPH:
Current Ratio: 1.08 (35% above median its 10-year median of 0.80)
GF Value™: $18.09 vs. price of $18.66 (3.2% above fair value)
Industry Position: 0% at the Utilities - Regulated median (#251 of 507)
No single metric tells the full story. See the SPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suburban Propane Partners LP distributes propane, renewable propane, renewable natural gas (RNG), fuel oil, refined fuels, and markets natural gas and electricity in deregulated markets. It produces and invests in low-carbon fuel alternatives. The company installs and services home comfort heating and ventilation equipment and distributes fuel oil, kerosene, diesel, and gasoline to about 25,000 residential and commercial customers mainly in the U.S. northeast. It operates three segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the majority of revenue. Propane, a by-product of natural gas processing and petroleum refining, is a clean-burning energy source known for transportability and ease of use.
57GF Score
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