Martin Midstream Partners LP (MMLP) — Working Capital to Net Assets Ratio
Martin Midstream Partners LP (MMLP) has a Working Capital to Net Assets ratio of -23.8% as of September 2025. Working capital of $19.70 Million (current assets of $117.32 Million minus current liabilities of $97.62 Million) is measured against net assets of $-82.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Martin Midstream Partners LP's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Martin Midstream Partners LP Working Capital to Net Assets (2001–2024)
This chart shows how Martin Midstream Partners LP's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2001 to 2024. As of September 2025, the ratio stands at -23.8%, reflecting working capital of $19.70 Million against net assets of $-82.73 Million USD. Check tangible equity quality of Martin Midstream Partners LP to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Martin Midstream Partners LP (2001–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Martin Midstream Partners LP from 2001 to 2024, covering 24 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Martin Midstream Partners LP market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -21.3% | $14.98 Million | $-70.44 Million | $130.48 Million | $115.50 Million | ▲ +0.0 pp |
| 2023 | -21.3% | $13.75 Million | $-64.62 Million | $114.31 Million | $100.56 Million | ▲ +147.3 pp |
| 2022 | -168.6% | $100.20 Million | $-59.45 Million | $211.13 Million | $110.92 Million | ▼ -23.7 pp |
| 2021 | -144.9% | $69.60 Million | $-48.04 Million | $173.69 Million | $104.09 Million | ▼ -110.2 pp |
| 2020 | -34.7% | $16.25 Million | $-46.87 Million | $135.63 Million | $119.38 Million | ▲ +170.0 pp |
| 2019 | -204.7% | $74.08 Million | $-36.20 Million | $181.36 Million | $107.28 Million | ▼ -239.6 pp |
| 2018 | 35.0% | $92.53 Million | $264.71 Million | $194.04 Million | $101.51 Million | ▼ -1.3 pp |
| 2017 | 36.3% | $108.25 Million | $298.24 Million | $242.66 Million | $134.41 Million | ▲ +11.8 pp |
| 2016 | 24.5% | $76.43 Million | $312.01 Million | $194.00 Million | $117.57 Million | ▲ +12.1 pp |
| 2015 | 12.4% | $48.66 Million | $393.88 Million | $167.82 Million | $119.17 Million | ▼ -13.2 pp |
| 2014 | 25.6% | $124.18 Million | $485.67 Million | $287.75 Million | $163.57 Million | ▼ -20.9 pp |
| 2013 | 46.4% | $120.89 Million | $260.42 Million | $297.48 Million | $176.59 Million | ▲ +8.3 pp |
| 2012 | 38.1% | $136.43 Million | $357.96 Million | $314.92 Million | $178.48 Million | ▲ +25.6 pp |
| 2011 | 12.5% | $35.80 Million | $285.62 Million | $231.10 Million | $195.31 Million | ▼ -7.6 pp |
| 2010 | 20.1% | $55.34 Million | $274.81 Million | $179.73 Million | $124.39 Million | ▲ +11.5 pp |
| 2009 | 8.6% | $22.77 Million | $264.95 Million | $129.27 Million | $106.50 Million | ▲ +6.0 pp |
| 2008 | 2.6% | $6.05 Million | $234.71 Million | $130.74 Million | $124.69 Million | ▼ -0.3 pp |
| 2007 | 2.9% | $6.76 Million | $235.85 Million | $158.01 Million | $151.25 Million | ▼ -7.8 pp |
| 2006 | 10.7% | $21.16 Million | $198.53 Million | $103.85 Million | $82.70 Million | ▼ -8.2 pp |
| 2005 | 18.8% | $18.00 Million | $95.56 Million | $117.57 Million | $99.57 Million | ▼ -26.2 pp |
| 2004 | 45.1% | $34.05 Million | $75.53 Million | $72.54 Million | $38.49 Million | ▼ -9.1 pp |
| 2003 | 54.2% | $24.87 Million | $45.89 Million | $51.66 Million | $26.79 Million | ▲ +10.1 pp |
| 2002 | 44.1% | $20.77 Million | $47.11 Million | $39.12 Million | $18.35 Million | ▼ -30.7 pp |
| 2001 | 74.8% | $14.03 Million | $18.76 Million | $28.82 Million | $14.79 Million | — |