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Ferrellgas Partners LPFGPR -0.04%39 Quick Ratio is 0.83 as of Apr. 2026, which is 1% above its 10-year median of 0.82. GuruFocus rates FGPR with a GF Score™ of 39/100 and a GF Value™ of $9.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,022 Oil & Gas companies, Ferrellgas Partners LP ranks worse than 67.03% on this metric.
Ferrellgas Partners LP (OTCPK:FGPR) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Ferrellgas Partners LP Quick Ratio Related Terms
Ferrellgas Partners LP Quick 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 Oil & Gas Refining & Marketing subindustry, Ferrellgas Partners LP's Quick Ratio, along with its competitors' market caps and Quick 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.
Ferrellgas Partners LP Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ferrellgas Partners LP's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Ferrellgas Partners LP's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Ferrellgas Partners LP's Quick Ratio for the fiscal year that ended in Jul. 2025 is calculated as
* 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.
Ferrellgas Partners LP (FGPR) has a Quick Ratio of 0.83 as of Apr. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ferrellgas Partners LP and its competitors. This is near median its historical median of 0.82. Over the past decade, Ferrellgas Partners LP's Quick Ratio has ranged from 0.18 to 1.79. According to the industry distribution chart, Ferrellgas Partners LP ranks #685 out of 1022 companies in the Oil & Gas industry, placing it in the top 67%.
Is Ferrellgas Partners LP's Quick Ratio too high?
Ferrellgas Partners LP's current Quick Ratio of 0.83 is near median its 10-year median of 0.82. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 1.79. The Oil & Gas industry median Quick Ratio is 1.14. Ferrellgas Partners LP's value of 0.83 is 26.9% below this industry median. Based on the distribution chart, Ferrellgas Partners LP ranks #685 out of 1022 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ferrellgas Partners LP has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ferrellgas Partners LP's Quick Ratio compare to SGU and CLNE?
According to the Oil & Gas industry distribution chart, Ferrellgas Partners LP ranks #685 out of 1022 companies for Quick Ratio. This places Ferrellgas Partners LP in the lower half of its industry. The industry median Quick Ratio is 1.14. Ferrellgas Partners LP's value of 0.83 is 26.9% below this benchmark. Historically, Ferrellgas Partners LP's own Quick Ratio has ranged from 0.18 to 1.79 over the past decade. While the company's 10-year median is 0.82 vs. the industry median of 1.14, Ferrellgas 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.14, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ferrellgas Partners LP's current Quick Ratio of 0.83 is 26.9% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Ferrellgas Partners LP and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ferrellgas Partners LP's current Quick Ratio is 0.83, which is near median its own 10-year median of 0.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferrellgas Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Ferrellgas Partners LP (FGPR) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.33, compared to a current price of $23.00 — trading 146.5% above its estimated fair value. The current Quick Ratio is 0.83, which is near median its 10-year median of 0.82 and 26.9% below the Oil & Gas industry median of 1.14. Ferrellgas Partners LP's overall GF Score™ is 39/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Ferrellgas Partners LP (FGPR), the current Quick Ratio is 0.83 as of Apr. 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 Ferrellgas Partners LP (FGPR) Overvalued in 2026?
Based on GuruFocus' analysis, Ferrellgas Partners LP stock appears to be overvalued.
The current stock price of $23.00 is trading 146.5% above its estimated GF Value™ of $9.33.
GuruFocus considers Ferrellgas Partners LP to be Significantly Overvalued.
Key valuation signals for FGPR:
Quick Ratio: 0.83 (near median its 10-year median of 0.82)
GF Value™: $9.33 vs. price of $23.00 (146.5% above fair value)
Industry Position: 26.9% below the Oil & Gas median (#685 of 1022)
No single metric tells the full story. See the FGPR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ferrellgas Partners LP distributes propane and related equipment to a wide mix of customers, including residential, commercial, agricultural, wholesale, and portable tank exchange segments. The company provides propane delivery and tank exchange services under several brands and sells related appliances, parts, and fittings. Ferrellgas operates all over the United States, the District of Columbia, and Puerto Rico, with sales concentrated in various regions across the United States. The majority of its revenue comes from the sales of Propane and other gas liquids to End Users and Resellers.
39GF Score
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