Suburban Propane Partners LP (SPH) — Net Asset Quality Index
Suburban Propane Partners LP (SPH) has a Net Asset Quality Index of 30.7% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $2.43 Billion minus total liabilities of $1.68 Billion yields net assets of $743.90 Million. A higher index indicates a stronger, lower-leverage balance sheet. See Suburban Propane Partners LP (SPH) defensive interval to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Suburban Propane Partners LP Net Asset Quality Index Over Time (1994–2025)
This chart shows how Suburban Propane Partners LP's Net Asset Quality Index has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the index stands at 30.7%, representing net assets of $743.90 Million against total assets of $2.43 Billion USD. Explore Suburban Propane Partners LP cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Suburban Propane Partners LP (1994–2025)
The table below presents the year-by-year Net Asset Quality Index for Suburban Propane Partners LP from 1994 to 2025, covering 32 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see SPH market cap overview.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 26.1% | $598.57 Million | $2.30 Billion | $1.70 Billion | ▲ +2.0 pp |
| 2024 | 24.1% | $547.06 Million | $2.27 Billion | $1.73 Billion | ▲ +0.0 pp |
| 2023 | 24.1% | $546.36 Million | $2.27 Billion | $1.72 Billion | ▲ +0.4 pp |
| 2022 | 23.6% | $497.53 Million | $2.10 Billion | $1.61 Billion | ▲ +2.9 pp |
| 2021 | 20.7% | $425.42 Million | $2.05 Billion | $1.63 Billion | ▲ +3.0 pp |
| 2020 | 17.7% | $362.38 Million | $2.05 Billion | $1.68 Billion | ▼ -3.5 pp |
| 2019 | 21.2% | $423.83 Million | $2.00 Billion | $1.57 Billion | ▼ -2.3 pp |
| 2018 | 23.5% | $493.82 Million | $2.10 Billion | $1.61 Billion | ▼ -2.0 pp |
| 2017 | 25.5% | $552.98 Million | $2.17 Billion | $1.62 Billion | ▼ -5.4 pp |
| 2016 | 30.8% | $708.23 Million | $2.30 Billion | $1.59 Billion | ▼ -5.3 pp |
| 2015 | 36.1% | $898.32 Million | $2.49 Billion | $1.59 Billion | ▼ -3.0 pp |
| 2014 | 39.1% | $1.02 Billion | $2.61 Billion | $1.59 Billion | ▼ -2.2 pp |
| 2013 | 41.4% | $1.13 Billion | $2.73 Billion | $1.60 Billion | ▲ +3.5 pp |
| 2012 | 37.8% | $1.09 Billion | $2.88 Billion | $1.79 Billion | ▲ +0.4 pp |
| 2011 | 37.5% | $358.22 Million | $956.46 Million | $598.24 Million | ▼ -0.1 pp |
| 2010 | 37.6% | $364.84 Million | $970.26 Million | $605.42 Million | ▲ +0.8 pp |
| 2009 | 36.8% | $359.72 Million | $977.51 Million | $617.80 Million | ▲ +15.6 pp |
| 2008 | 21.2% | $220.08 Million | $1.04 Billion | $815.64 Million | ▲ +4.2 pp |
| 2007 | 17.1% | $166.28 Million | $975.22 Million | $808.94 Million | ▲ +6.5 pp |
| 2006 | 10.6% | $100.70 Million | $953.89 Million | $853.18 Million | ▲ +2.7 pp |
| 2005 | 7.9% | $76.12 Million | $965.60 Million | $889.48 Million | ▼ -9.1 pp |
| 2004 | 16.9% | $168.12 Million | $992.01 Million | $823.89 Million | ▲ +4.3 pp |
| 2003 | 12.6% | $84.08 Million | $665.63 Million | $581.55 Million | ▲ +9.9 pp |
| 2002 | 2.8% | $19.29 Million | $700.15 Million | $680.86 Million | ▼ -5.4 pp |
| 2001 | 8.2% | $58.95 Million | $723.01 Million | $664.06 Million | ▲ +0.1 pp |
| 2000 | 8.0% | $61.83 Million | $771.12 Million | $709.29 Million | ▼ -2.4 pp |
| 1999 | 10.4% | $68.40 Million | $659.20 Million | $590.80 Million | ▼ -9.9 pp |
| 1998 | 20.3% | $147.80 Million | $729.60 Million | $581.80 Million | ▲ +2.1 pp |
| 1997 | 18.2% | $141.20 Million | $776.40 Million | $635.20 Million | ▼ -2.2 pp |
| 1996 | 20.4% | $164.70 Million | $807.40 Million | $642.70 Million | ▼ -55.4 pp |
| 1995 | 75.8% | $558.30 Million | $736.50 Million | $178.20 Million | ▲ +1.7 pp |
| 1994 | 74.1% | $559.60 Million | $755.10 Million | $195.50 Million | — |