MPLX LP (MPLX) — Working Capital to Net Assets Ratio
MPLX LP (MPLX) has a Working Capital to Net Assets ratio of 7.5% as of September 2025. Working capital of $1.09 Billion (current assets of $4.59 Billion minus current liabilities of $3.50 Billion) is measured against net assets of $14.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is MPLX LP's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MPLX LP Working Capital to Net Assets (2011–2024)
This chart shows how MPLX LP's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 7.5%, reflecting working capital of $1.09 Billion against net assets of $14.52 Billion USD. Check MPLX LP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MPLX LP (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for MPLX LP from 2011 to 2024, covering 14 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 market value of MPLX LP.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 0.3% | $41.00 Million | $14.01 Billion | $3.28 Billion | $3.23 Billion | ▼ -1.1 pp |
| 2023 | 1.4% | $184.00 Million | $13.58 Billion | $2.81 Billion | $2.62 Billion | ▲ +5.0 pp |
| 2022 | -3.7% | $-496.00 Million | $13.51 Billion | $1.91 Billion | $2.40 Billion | ▲ +10.5 pp |
| 2021 | -14.1% | $-1.84 Billion | $13.02 Billion | $1.51 Billion | $3.35 Billion | ▼ -10.1 pp |
| 2020 | -4.1% | $-571.00 Million | $13.98 Billion | $1.51 Billion | $2.09 Billion | ▼ -0.4 pp |
| 2019 | -3.7% | $-648.00 Million | $17.58 Billion | $1.48 Billion | $2.13 Billion | ▲ +0.5 pp |
| 2018 | -4.2% | $-289.00 Million | $6.86 Billion | $897.00 Million | $1.19 Billion | ▲ +3.3 pp |
| 2017 | -7.5% | $-745.00 Million | $9.97 Billion | $559.00 Million | $1.30 Billion | ▼ -7.8 pp |
| 2016 | 0.3% | $36.00 Million | $10.32 Billion | $740.00 Million | $704.00 Million | ▲ +1.8 pp |
| 2015 | -1.5% | $-138.00 Million | $9.27 Billion | $474.00 Million | $612.00 Million | ▼ -0.6 pp |
| 2014 | -0.9% | $-4.00 Million | $463.50 Million | $97.00 Million | $101.00 Million | ▼ -5.5 pp |
| 2013 | 4.6% | $51.70 Million | $1.11 Billion | $135.10 Million | $83.40 Million | ▼ -13.3 pp |
| 2012 | 18.0% | $220.50 Million | $1.23 Billion | $283.80 Million | $63.30 Million | ▼ -2.0 pp |
| 2011 | 20.0% | $247.60 Million | $1.24 Billion | $298.70 Million | $51.10 Million | — |