NGL Energy Partners (NGL) Interest Coverage Ratio (2010 - 2026)
NGL Energy Partners' Interest Coverage Ratio was 0.36 in fiscal Q2 2027 (quarter ended Sep 30, 2026), down 75.4% from 1.46 a year earlier and down 83.5% from the prior quarter.
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Analysis
NGL Energy Partners (NGL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, NGL Energy Partners' Interest Coverage Ratio was 0.28 through Sep 30, 2026, down 79.6% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 0.37, down 68.7% from FY2025.
- In earlier fiscal years, Interest Coverage Ratio was 1.18 in FY2025 (+96.0%), 0.60 in FY2024 (-32.3%), 0.89 in FY2023 (+189.8%) and 0.31 in FY2022.
- Quarterly Interest Coverage Ratio has moved between -3.26 (fiscal Q4 2026) and 2.17 (fiscal Q1 2027) over five years.
- Compared with a year earlier, Interest Coverage Ratio was higher in four of the last six quarters, with growth averaging 6.3%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was fiscal Q3 2023 (growth of 88.3%); the worst was fiscal Q2 2027 (a decline of 75.4%).
- Per Business Quant data, NGL's Interest Coverage Ratio in the three fiscal quarters before Q2 2027 was 2.17 (Q1 2027), -3.26 (Q4 2026) and 1.72 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.04 |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 2.95 |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 5.17 |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | - |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.73 |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.95 |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | - |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 6.72 |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 4.92 |
| 10 | NGL Energy Partners | 75.44 Mn | 48.44 Mn | 258.58 Mn | 0.36 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.36 |
| Jun 30, 2026 | 2.17 |
| Mar 31, 2026 | -3.26 |
| Dec 31, 2025 | 1.72 |
| Sep 30, 2025 | 1.46 |
| Jun 30, 2025 | 1.49 |
| Mar 31, 2025 | 1.16 |
| Dec 31, 2024 | 1.34 |
| Sep 30, 2024 | 1.06 |
| Jun 30, 2024 | 1.18 |
| Mar 31, 2024 | -1.04 |
| Dec 31, 2023 | 1.78 |
| Sep 30, 2023 | 1.47 |
| Jun 30, 2023 | 1.21 |
| Mar 31, 2023 | -0.23 |
| Dec 31, 2022 | 1.35 |
| Sep 30, 2022 | 1.01 |
| Jun 30, 2022 | 1.30 |
| Mar 31, 2022 | 0.57 |
| Dec 31, 2021 | 0.72 |
API Access
NGL Energy Partners Interest 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=interest-coverage-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-coverage-ratio&ticker=NGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();