NGL Energy Partners LP (NGL) — Working Capital to Net Assets Ratio
NGL Energy Partners LP (NGL) has a Working Capital to Net Assets ratio of 12.7% as of December 2025. Working capital of $74.62 Million (current assets of $721.39 Million minus current liabilities of $646.78 Million) is measured against net assets of $589.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NGL Energy Partners LP (NGL) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NGL Energy Partners LP Working Capital to Net Assets (2009–2025)
This chart shows how NGL Energy Partners LP's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 12.7%, reflecting working capital of $74.62 Million against net assets of $589.34 Million USD. See operational self-sufficiency of NGL Energy Partners LP to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for NGL Energy Partners LP (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NGL Energy Partners LP from 2009 to 2025, covering 17 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 NGL Energy Partners LP (NGL) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 32.0% | $222.82 Million | $697.37 Million | $962.05 Million | $739.23 Million | ▲ +11.6 pp |
| 2024 | 20.3% | $203.31 Million | $999.17 Million | $1.18 Billion | $977.35 Million | ▲ +6.5 pp |
| 2023 | 13.8% | $182.31 Million | $1.32 Billion | $1.29 Billion | $1.11 Billion | ▼ -7.4 pp |
| 2022 | 21.3% | $269.14 Million | $1.27 Billion | $1.55 Billion | $1.28 Billion | ▲ +14.8 pp |
| 2021 | 6.5% | $97.03 Million | $1.50 Billion | $1.01 Billion | $910.80 Million | ▲ +9.6 pp |
| 2020 | -3.2% | $-71.74 Million | $2.27 Billion | $774.09 Million | $845.82 Million | ▼ -26.3 pp |
| 2019 | 23.1% | $561.52 Million | $2.43 Billion | $1.81 Billion | $1.25 Billion | ▼ -28.6 pp |
| 2018 | 51.7% | $1.12 Billion | $2.17 Billion | $2.25 Billion | $1.13 Billion | ▲ +27.3 pp |
| 2017 | 24.5% | $545.61 Million | $2.23 Billion | $1.48 Billion | $938.60 Million | ▲ +5.4 pp |
| 2016 | 19.0% | $322.46 Million | $1.69 Billion | $1.03 Billion | $706.02 Million | ▼ -0.9 pp |
| 2015 | 19.9% | $532.35 Million | $2.67 Billion | $1.65 Billion | $1.11 Billion | ▼ -0.6 pp |
| 2014 | 20.5% | $313.51 Million | $1.53 Billion | $1.31 Billion | $995.79 Million | ▲ +8.9 pp |
| 2013 | 11.6% | $102.83 Million | $889.42 Million | $762.12 Million | $659.29 Million | ▼ -1.8 pp |
| 2012 | 13.4% | $54.20 Million | $405.33 Million | $198.62 Million | $144.42 Million | ▼ -42.1 pp |
| 2011 | 55.5% | $26.28 Million | $47.35 Million | $76.82 Million | $50.54 Million | ▲ +2.3 pp |
| 2010 | 53.2% | $24.68 Million | $46.40 Million | $72.78 Million | $48.10 Million | ▲ +6.8 pp |
| 2009 | 46.4% | $19.81 Million | $42.69 Million | $65.05 Million | $45.24 Million | — |