NGL Energy Partners LP (NGL) — Financial Flexibility Index

Latest as of June 2026: 0.26x

NGL Energy Partners LP (NGL) has a Financial Flexibility Index of 0.26x as of June 2026. Free cash flow of $185.80 Million (operating CF $77.04 Million minus capex $108.76 Million) represents 0% of total liabilities ($726.15 Million). Check NGL capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.26x
Free Cash Flow / Total Liabilities

Free Cash Flow

$185.80 Million
Operating CF − Capex

Total Liabilities

$726.15 Million
USD

Capital Expenditures

$108.76 Million
USD

NGL Energy Partners LP Financial Flexibility Index (2009–2026)

Historical Financial Flexibility Index trend for NGL Energy Partners LP across 18 annual periods. For the full cash flow conversion analysis, see NGL Energy Partners LP cash flow conversion.

Annual Financial Flexibility Index for NGL Energy Partners LP (2009–2026)

Year-by-year free cash flow to debt coverage for NGL Energy Partners LP. Explore NGL Energy Partners LP cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2026 0.14x $587.23 Million $365.95 Million $4.18 Billion ▲ +1.1%
2025 0.14x $543.28 Million $297.46 Million $3.91 Billion ▲ +2.8%
2024 0.14x $543.28 Million $297.46 Million $4.02 Billion ▼ -5.7%
2023 0.14x $592.95 Million $445.19 Million $4.14 Billion ▲ +97.7%
2022 0.07x $348.20 Million $205.85 Million $4.80 Billion ▼ -34.3%
2021 0.11x $490.80 Million $303.99 Million $4.45 Billion ▼ -54.3%
2020 0.24x $1.02 Billion $464.06 Million $4.23 Billion ▲ +5.8%
2019 0.23x $792.84 Million $337.25 Million $3.47 Billion ▲ +234.4%
2018 0.07x $271.73 Million $137.97 Million $3.98 Billion ▼ -17.2%
2017 0.08x $337.05 Million $-26.82 Million $4.09 Billion ▼ -68.6%
2016 0.26x $1.01 Billion $351.50 Million $3.87 Billion ▲ +254.3%
2015 0.07x $286.61 Million $262.39 Million $3.87 Billion ▼ -22.1%
2014 0.10x $250.38 Million $85.24 Million $2.64 Billion ▼ -34.9%
2013 0.15x $204.71 Million $132.23 Million $1.40 Billion ▼ -48.7%
2012 0.28x $97.87 Million $90.33 Million $343.81 Million ▲ +214.2%
2011 -0.25x $-29.03 Million $-30.75 Million $116.48 Million ▼ -301.5%
2010 0.12x $8.06 Million $7.48 Million $65.18 Million ▼ -67.4%
2009 0.38x $23.04 Million $22.46 Million $60.74 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities