Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Natural Resources Partners LPNRP -1.04%63 Debt-to-Equity is 0.04 as of Jun. 2026, which is 96% below its 10-year median of 0.93. GuruFocus rates NRP with a GF Score™ of 63/100 and a GF Value™ of $84.85 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 137 Other Energy Sources companies, Natural Resources Partners LP ranks better than 87.59% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Natural Resources Partners LP's Debt-to-Equity or its related term are showing as below:
NRP'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.93 Max: 160.65
Current: 0.04
During the past 13 years, the highest Debt-to-Equity Ratio of Natural Resources Partners LP was 160.65. The lowest was 0.04. And the median was 0.93.
NRP's Debt-to-Equity is ranked better than 87.59% of 137
companies
in the Other Energy Sources industry
Industry Median: 0.29
vs NRP: 0.04
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Natural Resources Partners LP Debt-to-Equity Related Terms
Natural Resources Partners LP Debt-to-Equity 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 Thermal Coal subindustry, Natural Resources Partners LP's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Natural Resources Partners LP Debt-to-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Natural Resources Partners LP's Debt-to-Equity 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.
Natural Resources Partners LP (NRP) has a Debt-to-Equity of 0.04 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Natural Resources Partners LP and its competitors. This is 96% below median its historical median of 0.93. Over the past decade, Natural Resources Partners LP's Debt-to-Equity has ranged from 0.04 to 160.65. According to the industry distribution chart, Natural Resources Partners LP ranks #17 out of 137 companies in the Other Energy Sources industry, placing it in the top 12.4%.
Is Natural Resources Partners LP's Debt-to-Equity too high?
Natural Resources Partners LP's current Debt-to-Equity of 0.04 is 96% below median its 10-year median of 0.93. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 160.65. The Other Energy Sources industry median Debt-to-Equity is 0.29. Natural Resources Partners LP's value of 0.04 is 86.2% below this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #17 out of 137 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Natural Resources Partners LP has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Debt-to-Equity compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #17 out of 137 companies for Debt-to-Equity. This places Natural Resources Partners LP in the top 12% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.29. Natural Resources Partners LP's value of 0.04 is 86.2% below this benchmark. Historically, Natural Resources Partners LP's own Debt-to-Equity has ranged from 0.04 to 160.65 over the past decade. While the company's 10-year median is 0.93 vs. the industry median of 0.29, Natural Resources Partners 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 Debt-to-Equity for an Other Energy Sources company?
The median Debt-to-Equity among Other Energy Sources companies is 0.29, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Natural Resources Partners LP's current Debt-to-Equity of 0.04 is 86.2% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current Debt-to-Equity is 0.04, which is 96% below median its own 10-year median of 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Natural Resources Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Natural Resources Partners LP (NRP) is currently considered Modestly Overvalued. The stock's GF Value™ is $84.85, compared to a current price of $102.86 — trading 21.2% above its estimated fair value. The current Debt-to-Equity is 0.04, which is 96% below median its 10-year median of 0.93 and 86.2% below the Other Energy Sources industry median of 0.29. Natural Resources Partners LP's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Natural Resources Partners LP (NRP), the current Debt-to-Equity is 0.04 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 Natural Resources Partners LP (NRP) Overvalued in 2026?
Based on GuruFocus' analysis, Natural Resources Partners LP stock appears to be overvalued.
The current stock price of $102.86 is trading 21.2% above its estimated GF Value™ of $84.85.
GuruFocus considers Natural Resources Partners LP to be Modestly Overvalued.
Key valuation signals for NRP:
Debt-to-Equity: 0.04 (96% below median its 10-year median of 0.93)
GF Value™: $84.85 vs. price of $102.86 (21.2% above fair value)
Industry Position: 86.2% below the Other Energy Sources median (#17 of 137)
No single metric tells the full story. See the NRP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Natural Resources Partners LP is a diversified natural resource company. It is engaged in the business of owning, managing and leasing a diversified portfolio of mineral properties in the United States, including interests in coal, trona and soda ash, crude oil and natural gas, construction aggregates, frac sand, and other natural resources. The company leases coal reserves to experience mine operators under long-term leases that grant the operator the right to mine its coal reserves in exchange for royalty payments. The company operates in two reportable segments namely: Mineral Rights and Soda Ash. The majority of the revenue is generated from the Mineral Rights segment. Geographically, the company's business activity of the group functions through the United States.
63GF Score
Get the complete analysis for NRP
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NRP has been successfully added to your 
