NGL (NGL Energy Partners LP) Debt-to-Asset : 0.81 (As of Jun. 2026)

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NGL NGL Energy Partners LP NGL
52 GF Score
Price $16.81
GF Value $5.58
Valuation Significantly Overvalued
! 7 Warning Signs
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What is NGL Energy Partners LP Debt-to-Asset?

NGL Energy Partners LP NGL -1.41% 52 Debt-to-Asset is 0.81 as of Jun. 2026. GuruFocus rates NGL with a GF Score™ of 52/100 and a GF Value™ of $5.58 (Significantly Overvalued). The stock has 7 warning signs investors should review.

NGL Energy Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $48 Mil. NGL Energy Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $3,346 Mil. NGL Energy Partners LP's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $4,180 Mil. NGL Energy Partners LP's debt to asset for the quarter that ended in Jun. 2026 was 0.81.

NGL Energy Partners LP  (NYSE:NGL) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

NGL Energy Partners LP Debt-to-Asset Related Terms

NGL Energy Partners LP Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for NGL Energy Partners LP's Debt-to-Asset 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.

NGL Energy Partners LP Debt-to-Asset Chart

NGL Energy Partners LP Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.54 0.59 0.67 0.80

NGL Energy Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.70 0.70 0.80 0.81

NGL vs LPG, GEL, FLNG: Debt-to-Asset Comparison

For the Oil & Gas Midstream subindustry, NGL Energy Partners LP's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NGL Energy Partners LP's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where NGL Energy Partners LP's Debt-to-Asset falls into.


NGL
52GF Score
NGL Energy Partners LP NGL
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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NGL Energy Partners LP Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

NGL Energy Partners LP's Debt-to-Asset for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(44.916 + 3305.286) / 4175.539
=0.80

NGL Energy Partners LP's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(47.696 + 3345.61) / 4180.084
=0.81

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.81 mean?
NGL Energy Partners LP (NGL) has a Debt-to-Asset of 0.81 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on NGL Energy Partners LP and its competitors.
Is NGL Energy Partners LP's Debt-to-Asset too high?
NGL Energy Partners LP's current Debt-to-Asset is 0.81. 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 Debt-to-Asset compare to LPG and GEL?
NGL Energy Partners LP's Debt-to-Asset of 0.81 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on NGL Energy Partners LP and its competitors. NGL Energy Partners LP's current Debt-to-Asset is 0.81. 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 $5.58, compared to a current price of $16.81 — trading 201.3% above its estimated fair value. The current Debt-to-Asset is 0.81. 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 Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For NGL Energy Partners LP (NGL), the current Debt-to-Asset is 0.81 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 $16.81 is trading 201.3% above its estimated GF Value™ of $5.58. GuruFocus considers NGL Energy Partners LP to be Significantly Overvalued.

Key valuation signals for NGL:

  • Debt-to-Asset: 0.81
  • GF Value™: $5.58 vs. price of $16.81 (201.3% above fair value)
  • GF Score™: 52/100 with 7 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges NGLpC.PFD:USANGLpB.PFD:USA
Address 6120 South Yale Avenue, Suite 1300, Tulsa, OK, USA, 74136
NGL Energy Partners LP is a USA-based firm that owns and operates a vertically integrated energy business. The company's operating segments include Crude Oil Logistics, Water Solutions, and Liquids Logistics. It operates crude oil Logistics, owns pipeline injection stations, and offers services for the treatment and disposal of wastewater generated from crude oil and natural gas production, as well as for the disposal of solids, such as tank bottoms and drilling fluids. The firm also supplies natural gas liquids to retailers, wholesalers, refiners, and petrochemical plants and sells propane and distillates.
52GF Score

Get the complete analysis for NGL

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.81
Price
$5.58
GF Value