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Targa Resources Corp (TRGP) |
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Targa Resources 's Total Debt to Equity
TRGP's quarterly Total Debt to Equity and Total Debt, Equity growth
Select the Comparisons :
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Select the Ratio:
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TRGP Total Debt to Equity |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Equity Change |
-7.47 % |
3.17 % |
9.83 % |
-3.79 % |
-12.38 % |
Y / Y Total Debt Change |
18.09 % |
67.65 % |
64.25 % |
66.33 % |
62.13 % |
Total Debt to Equity MRQ |
2.81 |
2.6 |
2.59 |
2.15 |
2.2 |
TRGP's Total
Ranking |
# 1082 |
# 2637 |
# 2398 |
# 1150 |
# 2567 |
Seq. Equity Change |
-3.58 % |
2.9 % |
-11.44 % |
5.3 % |
7.51 % |
Seq. Total Debt Change |
4.28 % |
3.26 % |
6.89 % |
2.6 % |
48.04 % |
Total Debt to Equity third quarter 2023 Company Ranking |
Within: |
No. |
Natural Gas Utilities Industry |
# 13 |
Utilities Sector |
# 46 |
Overall Market |
# 1082 |
Total Debt to Equity Statistics |
High |
Average |
Low |
2.81 |
1.21 |
0.57 |
(Sep 30 2023) |
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(Jun 30 2017) |
Cumulative Targa Resources 's Total Debt to Equity
TRGP's Total Debt to Equity for the trailling 12 Months
TRGP Total Debt to Equity |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
(Sep 30 2022) III. Quarter |
Y / Y Equity TTM Growth |
-7.47 % |
3.17 % |
9.83 % |
-3.79 % |
-12.38 % |
Y / Y Total Debt TTM Growth |
18.09 % |
67.65 % |
64.25 % |
66.33 % |
62.13 % |
Total Debt to Equity TTM |
2.53 |
2.38 |
2.14 |
1.94 |
1.68 |
Total
Ranking TTM |
# 2743
| # 2867
| # 215
| # 260
| # 169
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Seq. Equity TTM Growth |
-3.58 % |
2.9 % |
-11.44 % |
5.3 % |
7.51 % |
Seq. Total Debt TTM Growth |
4.28 % |
3.26 % |
6.89 % |
2.6 % |
48.04 % |
On the trailing twelve months basis Due to the net new borrowings of 4.28% during the trailing twelve months finishing in the III Quarter 2023, cumulativeTotal Debt to Equity improved to 2.53, a new company high. Total Debt to Equity is the average cumulative value over the last four quarters.
Among companies in the Natural Gas Utilities industry 25, during the past 12 months, other companies have achieved lower Total Debt to Equity than Targa Resources . While Total Debt to Equity total ranking has improved so far to 2743, from total ranking in previous 12 month period at 2867.
Explain Debt to Equity Ratio?
What is the structure of TRGP´s Total Debt?
How valuable is the TRGP´s Equity?
TTM Total Debt to Equity Company Ranking |
Within: |
No. |
Within the Natural Gas Utilities Industry |
# 26 |
Utilities Sector |
# 75 |
Within the Market |
# 2743 |
trailing twelve months Total Debt to Equity Statistics |
High |
Average |
Low |
2.53 |
1.09 |
0.02 | (Sep 30 2023) |
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(Sep 30 2017) |
Companies with similar Total Debt to Equity in the quarter ending Sep 30 2023, within Natural Gas Utilities Industry | Total Debt to Equity | Sep 30 2023 MRQ Total Debt | Sep 30 2023 MRQ Equity | New Fortress Energy Inc | 3.91 | $ 6,168.075 Millions | $ 1,578.562 Millions | Cheniere Energy Inc | 3.00 | $ 23,738.000 Millions | $ 7,907.000 Millions | Targa Resources Corp | 2.81 | $ 12,318.400 Millions | $ 4,377.800 Millions | Archrock inc | 1.86 | $ 1,604.554 Millions | $ 861.093 Millions | Williams Companies Inc | 1.79 | $ 25,651.000 Millions | $ 14,343.000 Millions | Nextdecade Corporation | 1.69 | $ 1,381.825 Millions | $ 817.635 Millions | Southwest Gas Holdings Inc | 1.65 | $ 5,335.374 Millions | $ 3,238.745 Millions | One Gas Inc | 1.59 | $ 4,216.064 Millions | $ 2,646.747 Millions | New Jersey Resources Corporation | 1.58 | $ 3,136.272 Millions | $ 1,990.735 Millions | Spire Inc | 1.55 | $ 4,509.500 Millions | $ 2,917.300 Millions | Holly Energy Partners Lp | 1.52 | $ 1,468.505 Millions | $ 964.349 Millions | Ugi Corporation | 1.50 | $ 6,600.000 Millions | $ 4,394.000 Millions | Kodiak Gas Services Inc | 1.49 | $ 1,747.912 Millions | $ 1,171.792 Millions | Rgc Resources Inc | 1.40 | $ 141.173 Millions | $ 100.733 Millions | Northwest Natural Holding Company | 1.38 | $ 1,686.300 Millions | $ 1,219.540 Millions | Oneok Inc | 1.35 | $ 21,950.000 Millions | $ 16,299.000 Millions | Enbridge Inc | 1.13 | $ 77,515.000 Millions | $ 68,474.000 Millions | Equitrans Midstream Corporation | 1.13 | $ 1,139.616 Millions | $ 1,007.237 Millions | Kinder Morgan Inc | 0.98 | $ 31,001.000 Millions | $ 31,581.000 Millions | National Fuel Gas Company | 0.90 | $ 2,671.985 Millions | $ 2,963.376 Millions | Dt Midstream Inc | 0.76 | $ 3,189.000 Millions | $ 4,221.000 Millions | Atmos Energy Corp | 0.63 | $ 6,797.634 Millions | $ 10,870.064 Millions | Clean Energy Technologies Inc | 0.58 | $ 3.110 Millions | $ 5.389 Millions |
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