Targa Resources Corp (TRGP)
207.69
+4.85
(+2.39%)
USD |
NYSE |
Nov 21, 16:00
208.00
+0.31
(+0.15%)
Pre-Market: 05:03
Targa Resources Debt to Equity Ratio: 5.425 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 5.425 |
| June 30, 2024 | 5.379 |
| March 31, 2024 | 4.725 |
| December 31, 2023 | 4.622 |
| September 30, 2023 | 5.044 |
| June 30, 2023 | 4.536 |
| March 31, 2023 | 4.679 |
| December 31, 2022 | 4.242 |
| September 30, 2022 | 4.672 |
| June 30, 2022 | 3.588 |
| March 31, 2022 | 4.255 |
| December 31, 2021 | 3.266 |
| September 30, 2021 | 3.093 |
| June 30, 2021 | 3.178 |
| March 31, 2021 | 3.198 |
| December 31, 2020 | 2.911 |
| September 30, 2020 | 2.780 |
| June 30, 2020 | 2.676 |
| March 31, 2020 | 2.605 |
| December 31, 2019 | 1.582 |
| September 30, 2019 | 1.41 |
| June 30, 2019 | 1.247 |
| March 31, 2019 | 1.285 |
| December 31, 2018 | 1.096 |
| September 30, 2018 | 0.9815 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.8962 |
| March 31, 2018 | 0.8807 |
| December 31, 2017 | 0.8203 |
| September 30, 2017 | 0.8167 |
| June 30, 2017 | 0.6868 |
| March 31, 2017 | 0.8345 |
| December 31, 2016 | 0.93 |
| September 30, 2016 | 0.9329 |
| June 30, 2016 | 0.9485 |
| March 31, 2016 | 0.9509 |
| December 31, 2015 | 4.063 |
| September 30, 2015 | 4.099 |
| June 30, 2015 | 3.905 |
| March 31, 2015 | 3.987 |
| December 31, 2014 | 18.07 |
| September 30, 2014 | 19.67 |
| June 30, 2014 | 20.08 |
| March 31, 2014 | 20.03 |
| December 31, 2013 | 20.09 |
| September 30, 2013 | 18.99 |
| June 30, 2013 | 22.71 |
| March 31, 2013 | 17.35 |
| December 31, 2012 | 17.18 |
| September 30, 2012 | 13.37 |
| June 30, 2012 | 11.43 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.582
Minimum
Dec 2019
5.425
Maximum
Sep 2024
3.823
Average
3.915
Median
Debt to Equity Ratio Benchmarks
| Core Laboratories Inc | 0.5578 |
| MPLX LP | -- |
| Archrock Inc | 1.732 |
| Kinder Morgan Inc | 1.050 |
| ProFrac Holding Corp | 1.065 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 21.90B |
| Total Liabilities (Quarterly) | 17.45B |
| Shareholders Equity (Quarterly) | 2.574B |
| Current Ratio | 0.772 |
| Net Debt Paydown Yield | -1.13% |