Targa Resources Partners Lp Asset Turnover Ratio (NGLS), as of fourth quarter 2020, current and historic results, rankings and more - CSIMarket
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Targa Resources Partners Lp  (NGLS)
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

Targa Resources Partners Lp Asset Turnover Ratio

Quarterly Results, Trends, Rankings, Statistics

Targa Resources Partners Lp asset turnover ratio, the ability of Targa Resources Partners Lp's assets to generate revenue in the fourth quarter 2020, increased sequentially to 0.52 in the fourth quarter (Dec 31 2020), yet the ratio remained below the average, as NGLS's position remain challenging.

Within sector 2 more businesses have achieved higher asset turnover ratio. While ranking the asset turnover ratio, among all other companies, it is fair to say, that the company's position has deteriorated in the fourth quarter 2020 compared to the preceding quarter from 1994 to 2003.

Asset Turnover Ratio Definition



NGLS Asset Turnover Ratio (Dec 31 2020)
IV. Quarter
(Sep 30 2020)
III. Quarter
(Jun 30 2020)
II. Quarter
(Mar 31 2020)
I. Quarter
(Dec 31 2019)
IV. Quarter
Y / Y Asset Change -15.66 % -15.59 % -13.02 % -9.17 % 10.98 %
Y / Y Revenue Change 4 % 11.17 % -23.65 % -10.89 % -4.76 %
Asset Turnover Ratio (TTM) 0.52 0.49 0.46 0.47 0.47
NGLS's Total Ranking # 2003 # 1994 # 1991 # 852 # 870
Seq. Asset Change -0.86 % 0.27 % -0.3 % -14.89 % -0.79 %
Seq. Revenue Change 21.64 % 38.83 % -25.64 % -17.18 % 30.03 %



Asset Turnover Ratio Company Ranking
Within: No.
Natural Gas Utilities Industry # 3
Utilities Sector # 8
Overall Market # 2003

Asset Turnover Ratio Statistics
High Average Low
1.44 0.98 0.46
(Sep 30 2014)   (Jun 30 2020)







Companies with similar Asset Turnover Ratio for the quarter ending Dec 31 2020, within Utilities Sector Asset Turnover Ratio Revenues for 12 Months ending Dec 31 2020 Assets at quarter ending Dec 31 2020
Plains All American Pipeline Lp  0.97 $ 23,290.000  Millions$ 24,120.000  Millions
Venture Global Inc   0.91 $ 1,247.934  Millions$ 1,369.817  Millions
Plains Gp Holdings Lp  0.91 $ 23,290.000  Millions$ 25,574.750  Millions
Ngl Energy Partners Lp  0.81 $ 5,155.836  Millions$ 6,402.492  Millions
Nrg Energy Inc  0.70 $ 9,093.000  Millions$ 13,071.500  Millions
Southwest Gas Holdings Inc   0.62 $ 5,247.161  Millions$ 8,421.193  Millions
Edenor  0.61 $ 2,383.804  Millions$ 3,884.320  Millions
Hallador Energy Co  0.61 $ 245.295  Millions$ 402.921  Millions
Atlantic Power Corporation  0.60 $ 513.600  Millions$ 854.625  Millions
Delek Logistics Partners Lp  0.59 $ 563.418  Millions$ 958.494  Millions
Targa Resources Partners Lp  0.52 $ 8,260.300  Millions$ 15,915.675  Millions
Targa Resources Corp   0.52 $ 8,260.300  Millions$ 15,980.000  Millions
Stabilis Solutions Inc   0.51 $ 41.550  Millions$ 81.688  Millions
Otter Tail Corporation  0.50 $ 1,216.384  Millions$ 2,452.026  Millions
Dcp Midstream Lp  0.48 $ 6,302.000  Millions$ 13,001.250  Millions
Energy Co Of Minas Gerais  0.47 $ 25,228.000  Millions$ 54,083.000  Millions
Ugi Corporation  0.46 $ 6,484.200  Millions$ 14,172.225  Millions
Enlink Midstream Llc  0.45 $ 3,893.800  Millions$ 8,748.000  Millions
Vistra Corp   0.44 $ 11,443.000  Millions$ 25,920.750  Millions
Enterprise Products Partners L p   0.43 $ 27,199.700  Millions$ 63,013.175  Millions
Crestwood Equity Partners Lp  0.43 $ 2,254.300  Millions$ 5,259.675  Millions
Nisource Inc   0.42 $ 9,363.400  Millions$ 22,442.800  Millions
Clean Energy Fuels Corp   0.41 $ 291.724  Millions$ 702.977  Millions
Energy Transfer Lp  0.41 $ 38,954.000  Millions$ 95,446.750  Millions
Blueknight Energy Partners L.p.  0.41 $ 110.245  Millions$ 272.053  Millions
Xcel Energy Inc   0.40 $ 21,328.000  Millions$ 53,063.500  Millions
Consolidated Water Co ltd   0.40 $ 72.628  Millions$ 181.635  Millions
Energy Transfer Operating L p   0.40 $ 38,895.000  Millions$ 97,915.250  Millions
Huaneng Power International inc   0.38 $ 25,162.781  Millions$ 66,810.842  Millions
Oneok Inc   0.38 $ 8,542.242  Millions$ 22,705.384  Millions



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