NGL Energy Partners (NGL) Dividend Coverage Ratio (2010 - 2021)
NGL Energy Partners' (NGL) Dividend Coverage Ratio came in at -1.59 for FY2024 (year ended Mar 31, 2024).
Analysis
NGL Energy Partners (NGL) Dividend Coverage Ratio (2010 - 2021) Analysis & Trends
Since FY2011, NGL Energy Partners has reported Dividend Coverage Ratio for 12 fiscal years.
- The FY2024 figure stands as the highest annual Dividend Coverage Ratio since FY2019.
- Business Quant data shows NGL's Dividend Coverage Ratio at -5.15 in FY2021 and -2.39 in FY2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 0.66 |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 1.55 |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 1.63 |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 1.30 |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 1.00 |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | - |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | - |
| 10 | NGL Energy Partners | 1.85 Bn | 1.82 Bn | 305.58 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2021 | -10.65 |
| Dec 31, 2020 | -11.02 |
| Sep 30, 2020 | -0.44 |
| Jun 30, 2020 | -1.40 |
| Mar 31, 2020 | -4.18 |
| Dec 31, 2019 | 0.36 |
| Sep 30, 2019 | -3.96 |
| Jun 30, 2019 | -1.94 |
| Mar 31, 2019 | 0.40 |
| Dec 31, 2018 | 1.36 |
| Sep 30, 2018 | 5.21 |
| Jun 30, 2018 | -3.50 |
| Mar 31, 2018 | 1.57 |
| Dec 31, 2017 | 0.68 |
| Sep 30, 2017 | -3.51 |
| Jun 30, 2017 | -1.37 |
| Mar 31, 2017 | 0.33 |
| Dec 31, 2016 | -0.16 |
| Sep 30, 2016 | -1.75 |
| Jun 30, 2016 | 4.26 |
API Access
NGL Energy Partners Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NGL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();