Targa Resources Partners (NGLS)
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-0.65 -1.33%
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Targa Resources Partners Debt to Equity Ratio:
1065.39 for March 31, 2013Targa Resources Partners Historical Debt to Equity Ratio Data
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| Data for this Date Range | |
|---|---|
| March 31, 2013 | 1065.39 |
| Dec. 31, 2012 | 161.71 |
| Sept. 30, 2012 | 79.51 |
| June 30, 2012 | 27.21 |
| March 31, 2012 | |
| Dec. 31, 2011 | |
| Sept. 30, 2011 | |
| June 30, 2011 | |
| March 31, 2011 | |
| Dec. 31, 2010 | |
| Sept. 30, 2010 | |
| June 30, 2010 | 110.42 |
| March 31, 2010 |
About Debt to Equity Ratio
Leverage ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. A low debt to equity ratio indicates lower risk, because debt holders have less claims on the company's assets. A debt to equity ratio of 5 means that debt holders have a 5 times more claim on assets than equity holders.
A high debt to equity ratio usually means that a company has been aggressive in financing growth with debt and often results in volatile earnings.
It is also known as Debt/Equity Ratio, Debt-Equity Ratio, and D/E Ratio.
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NGLS Debt to Equity Ratio Benchmarks
| Companies | |
|---|---|
| Targa Resources | 17.35 |
| Sunoco Logistics Partners | 1.180 |
| Genesis Energy |
NGLS Debt to Equity Ratio Rankings
| Overall |
51st percentile 8214 of 16782 |
| Sector |
39th percentile 623 of 1029 in Energy |
| Industry |
61st percentile 24 of 63 in Oil & Gas Midstream |
NGLS Debt to Equity Ratio Range, Past 5 Years
| Minimum | 0.000 | Sep 2009 |
| Maximum | 1065.39 | Mar 2013 |
| Average | 147.15 |