NRP (Natural Resources Partners LP) Quick Ratio: 2.09 (As of Mar. 2026) — 17% Above Median

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NRP Natural Resources Partners LP NRP
66 GF Score
Price $98.00
GF Value $79.26
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Natural Resources Partners LP Quick Ratio?

Natural Resources Partners LP NRP +0.67% 66 Quick Ratio is 2.09 as of Mar. 2026, which is 17% above its 10-year median of 1.78. GuruFocus rates NRP with a GF Score™ of 66/100 and a GF Value™ of $79.26 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 185 Other Energy Sources companies, Natural Resources Partners LP ranks better than 58.38% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Natural Resources Partners LP's quick ratio for the quarter that ended in Mar. 2026 was 2.09.

Natural Resources Partners LP has a quick ratio of 2.09. It generally indicates good short-term financial strength.

The historical rank and industry rank for Natural Resources Partners LP's Quick Ratio or its related term are showing as below:

NRP' s Quick Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.78   Max: 2.7
Current: 2.09

During the past 13 years, Natural Resources Partners LP's highest Quick Ratio was 2.70. The lowest was 0.46. And the median was 1.78.

NRP's Quick Ratio is ranked better than
58.38% of 185 companies
in the Other Energy Sources industry
Industry Median: 1.66 vs NRP: 2.09

Natural Resources Partners LP  (NYSE:NRP) 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.


Natural Resources Partners LP Quick Ratio Related Terms


Natural Resources Partners LP Quick Ratio Historical Data

* Premium members only.

The historical data trend for Natural Resources Partners LP's Quick Ratio 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.

Natural Resources Partners LP Quick Ratio Chart

Natural Resources Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.53 1.39 1.11 2.00 1.85

Natural Resources Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 2.45 2.20 2.14 1.85 2.09

NRP vs NC, BTU, ARLP: Quick Ratio Comparison

For the Thermal Coal subindustry, Natural Resources 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.


Natural Resources Partners LP Quick Ratio vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Natural Resources Partners LP's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Natural Resources Partners LP's Quick Ratio falls into.


NRP
66GF Score
Natural Resources Partners LP NRP
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Natural Resources Partners LP Quick Ratio Calculation

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.

Natural Resources Partners LP's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(60.912-0)/32.986
=1.85

Natural Resources Partners LP's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(59.721-0)/28.595
=2.09

* 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 Quick Ratio →
What does a Quick Ratio of 2.09 mean?
Natural Resources Partners LP (NRP) has a Quick Ratio of 2.09 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Natural Resources Partners LP and its competitors. This is 17% above median its historical median of 1.78. Over the past decade, Natural Resources Partners LP's Quick Ratio has ranged from 0.46 to 2.70. According to the industry distribution chart, Natural Resources Partners LP ranks #77 out of 185 companies in the Other Energy Sources industry, placing it in the top 41.6%.
Is Natural Resources Partners LP's Quick Ratio too high?
Natural Resources Partners LP's current Quick Ratio of 2.09 is 17% above median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 2.70. The Other Energy Sources industry median Quick Ratio is 1.66. Natural Resources Partners LP's value of 2.09 is 25.9% above this industry median. Based on the distribution chart, Natural Resources Partners LP ranks #77 out of 185 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Natural Resources Partners LP has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Natural Resources Partners LP's Quick Ratio compare to NC and BTU?
According to the Other Energy Sources industry distribution chart, Natural Resources Partners LP ranks #77 out of 185 companies for Quick Ratio. This puts Natural Resources Partners LP in the upper half of its industry. The industry median Quick Ratio is 1.66. Natural Resources Partners LP's value of 2.09 is 25.9% above this benchmark. Historically, Natural Resources Partners LP's own Quick Ratio has ranged from 0.46 to 2.70 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.66, Natural Resources Partners LP has consistently been above 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 Other Energy Sources company?
The median Quick Ratio among Other Energy Sources companies is 1.66, based on 185 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. Natural Resources Partners LP's current Quick Ratio of 2.09 is 25.9% above 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 Natural Resources Partners LP and its competitors. For the Other Energy Sources industry, the median Quick Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Natural Resources Partners LP's current Quick Ratio is 2.09, which is 17% above median its own 10-year median of 1.78. 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 $79.26, compared to a current price of $98.00 — trading 23.6% above its estimated fair value. The current Quick Ratio is 2.09, which is 17% above median its 10-year median of 1.78 and 25.9% above the Other Energy Sources industry median of 1.66. Natural Resources Partners LP's overall GF Score™ is 66/100 with 2 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 Natural Resources Partners LP (NRP), the current Quick Ratio is 2.09 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 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 $98.00 is trading 23.6% above its estimated GF Value™ of $79.26. GuruFocus considers Natural Resources Partners LP to be Modestly Overvalued.

Key valuation signals for NRP:

  • Quick Ratio: 2.09 (17% above median its 10-year median of 1.78)
  • GF Value™: $79.26 vs. price of $98.00 (23.6% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 25.9% above the Other Energy Sources median (#77 of 185)

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 Business Description

Address 1415 Louisiana Street, Suite 3325, Houston, TX, USA, 77002
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.
66GF Score

Get the complete analysis for NRP

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

$98.00
Price
$79.26
GF Value