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NGL Energy Partners NGL Liquids Logistics — Accrued expenses and other payables

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Other financials

Income statement

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Revenue$949.5M-2.2%
Gross profit$217.3M-17.0%
Operating income$109.7M+29.5%
Net income-$287.7M-2,196%
EPS (diluted)-$0.54

Balance sheet

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Cash & equivalents$8.5M+50.6%
Total debt$3.4B+8.9%
Total equity$119.5M-26.5%
Total assets$4.2B-9.4%

Cash flow

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Operating cash flow$110.0M-29.0%
CapEx$31.6M-16.4%
Free cash flow$78.4M-33.1%

Valuation

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Market cap$1.96B+155%
Enterprise value$5.31B+32.6%
P/S0.6×+0.4×

Profitability

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Gross margin30.9%+3.1pp
Operating margin12%
Net margin-4.5%-5.6pp
FCF margin4.6%+3.1pp

Returns & leverage

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Return on equity112.8%+89.0pp
Debt / equity25.6×+5.9×
Current ratio-0.3×

Where this comes from

Reported directly by NGL Energy Partners in its filing.

Tagged under the XBRL concept us-gaap:DisposalGroupIncludingDiscontinuedOperationAccruedLiabilitiesCurrent.

The official record: NGL Energy Partners’s 10-Q, filed February 3, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NGL Energy Partners's liquids logistics — accrued expenses and other payables?
NGL Energy Partners (NGL) reported liquids logistics — accrued expenses and other payables of $4K in Q4 2025.
What does liquids logistics — accrued expenses and other payables mean?
This metric includes liabilities for expenses incurred by the Liquids Logistics segment that have not yet been invoiced or paid, such as wages, taxes, or utility costs. It captures the segment's short-term operational liabilities that are essential for day-to-day business continuity. Monitoring this provides insight into the segment's immediate financial obligations and expense recognition timing.