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NGL Energy Partners NGL Change in provision for expected credit losses

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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$2.17B+305%
Enterprise value$5.51B+56.1%
P/S0.7×+0.5×

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 ngl:AllowanceForCreditLossPeriodIncreaseDecrease.

The source filing: NGL Energy Partners’s 10-K, filed May 28, 2026. Open the filing →

Filed
May 28, 2026, 4:25 PM EDT
Fiscal year
FY2026
Accession
0001504461-26-000012

FAQ

What is NGL Energy Partners's change in provision for expected credit losses?
NGL Energy Partners (NGL) reported change in provision for expected credit losses of $469K in Q1 2026.
How has NGL Energy Partners's change in provision for expected credit losses changed year-over-year?
NGL Energy Partners's change in provision for expected credit losses decreased by 25.4% year-over-year, from $629K to $469K.
What is the long-term trend for NGL Energy Partners's change in provision for expected credit losses?
Over 4 years (2022 to 2026), NGL Energy Partners's change in provision for expected credit losses has grown at a -14.2% compound annual growth rate (CAGR), from $929K to $503K.
What does change in provision for expected credit losses mean?
This metric tracks the periodic adjustment to the reserve set aside for potential losses on accounts receivable or other financial assets. It reflects management's assessment of credit risk and the likelihood that customers will fail to meet their payment obligations. An increase in this provision typically signals rising credit risk or deteriorating customer financial health.

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