NGL Energy Partners LP (NGL) Interest Coverage Ratio (2010 - 2026)
NGL Energy Partners' Interest Coverage Ratio was 2.17 in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 45.7% from 1.49 a year earlier.
NGL Energy Partners LP (NGL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, NGL Energy Partners' Interest Coverage Ratio was 0.55 through Jun 30, 2026, down 55.9% 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.
- The fiscal Q1 2027 figure marks the highest quarterly Interest Coverage Ratio since fiscal Q4 2019.
- Compared with a year earlier, Interest Coverage Ratio was higher in four of the last six quarters, with growth averaging 14.2%.
- 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 2025 (a decline of 28.0%).
- Per Business Quant data, NGL's Interest Coverage Ratio in the three fiscal quarters before Q1 2027 was -3.26 (Q4 2026), 1.72 (Q3 2026) and 1.46 (Q2 2026).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.95 |
NGL Energy Partners LP 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_KEY
import 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();