NGL Energy Partners LP (NGL) - Total Assets
Based on the latest financial reports, NGL Energy Partners LP (NGL) holds total assets worth $4.38 Billion USD as of December 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore NGL Energy Partners LP (NGL) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
NGL Energy Partners LP - Total Assets Trend (2009–2025)
This chart illustrates how NGL Energy Partners LP's total assets have evolved over time, based on quarterly financial data. See net assets of NGL Energy Partners LP for net asset value and shareholders' equity analysis.
NGL Energy Partners LP - Asset Composition Analysis
Current Asset Composition (March 2025)
NGL Energy Partners LP's total assets of $4.38 Billion consist of 20.9% current assets and 79.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $5.65 Million | 0.1% |
| Accounts Receivable | $583.71 Million | 12.7% |
| Inventory | $69.92 Million | 1.5% |
| Property, Plant & Equipment | $2.18 Billion | 47.2% |
| Intangible Assets | $834.25 Million | 18.1% |
| Goodwill | $599.35 Million | 13.0% |
Asset Composition Trend (2009–2025)
This chart illustrates how NGL Energy Partners LP's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see NGL company net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: NGL Energy Partners LP's current assets represent 20.9% of total assets in 2025, a decrease from 62.9% in 2009.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2025, down from 20.3% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 31.0% of total assets, an increase from 9.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 47.2% of total assets.
NGL Energy Partners LP Competitors by Total Assets
Key competitors of NGL Energy Partners LP based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Viper Energy Ut
NASDAQ:VNOM
|
USA | $12.05 Billion |
|
TORM plc
CO:TRMD-A
|
Denmark | Dkr3.20 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
AB Klaipedos nafta
F:XIC
|
Germany | €554.96 Million |
|
Hunter Group ASA
OL:HUNT
|
Norway | Nkr14.98 Million |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.30 Trillion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.28 Billion |
NGL Energy Partners LP - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.12 | 1.20 | 1.11 |
| Quick Ratio | 0.99 | 1.04 | 0.93 |
| Cash Ratio | 0.01 | 0.01 | 0.00 |
| Working Capital | $74.62 Million | $169.41 Million | $97.03 Million |
NGL Energy Partners LP - Advanced Valuation Insights
This section examines the relationship between NGL Energy Partners LP's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.60 |
| Latest Market Cap to Assets Ratio | 0.32 |
| Asset Growth Rate (YoY) | -8.2% |
| Total Assets | $4.61 Billion |
| Market Capitalization | $1.49 Billion USD |
Valuation Analysis
Below Book Valuation: The market values NGL Energy Partners LP's assets below their book value (0.32x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: NGL Energy Partners LP's assets decreased by 8.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for NGL Energy Partners LP (2009–2025)
The table below shows the annual total assets of NGL Energy Partners LP from 2009 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $4.61 Billion | -8.18% |
| 2024-03-31 | $5.02 Billion | -7.99% |
| 2023-03-31 | $5.46 Billion | -10.12% |
| 2022-03-31 | $6.07 Billion | +2.07% |
| 2021-03-31 | $5.95 Billion | -8.48% |
| 2020-03-31 | $6.50 Billion | +10.10% |
| 2019-03-31 | $5.90 Billion | -4.04% |
| 2018-03-31 | $6.15 Billion | -2.68% |
| 2017-03-31 | $6.32 Billion | +13.67% |
| 2016-03-31 | $5.56 Billion | -15.08% |
| 2015-03-31 | $6.55 Billion | +57.12% |
| 2014-03-31 | $4.17 Billion | +81.87% |
| 2013-03-31 | $2.29 Billion | +205.86% |
| 2012-03-31 | $749.14 Million | +357.26% |
| 2011-03-31 | $163.83 Million | +46.83% |
| 2010-03-31 | $111.58 Million | +7.88% |
| 2009-03-31 | $103.43 Million | -- |
About NGL Energy Partners LP
NGL Energy Partners LP engages in the transportation, storage, blending, and marketing of crude oil, natural gas liquids, refined products/renewables, and water solutions in the United States. It operates through three segments: Water Solutions, Crude Oil Logistics, and Liquids Logistics. The Water Solutions segment transports, treats, recycles, and disposes produced and flowback water generated … Read more