Annual Interest Coverage Ratio
3.82
-0.91-19.24%
December 31, 2023
Summary
- As of February 12, 2025, TRGP annual interest coverage ratio is 3.82, with the most recent change of -0.91 (-19.24%) on December 31, 2023.
- During the last 3 years, TRGP annual interest coverage ratio has risen by +6.84 (+226.49%).
- TRGP annual interest coverage ratio is now -19.24% below its all-time high of 4.73, reached on December 31, 2022.
Performance
TRGP Interest Coverage Ratio Chart
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High & Low
Earnings dates
Quarterly Interest Coverage Ratio
3.95
+0.37+10.34%
September 30, 2024
Summary
- As of February 12, 2025, TRGP quarterly interest coverage ratio is 3.95, with the most recent change of +0.37 (+10.34%) on September 30, 2024.
- Over the past year, TRGP quarterly interest coverage ratio has increased by +0.37 (+10.34%).
- TRGP quarterly interest coverage ratio is now -62.52% below its all-time high of 10.54, reached on June 30, 2022.
Performance
TRGP Quarterly Interest Coverage Ratio Chart
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Earnings dates
Interest Coverage Ratio Formula
Interest Coverage Ratio = EBIT
Interest Expense
EBIT
Interest Expense
Interest Expense
TRGP Interest Coverage Ratio Trends
| PeriodPeriod | AnnualAnnual | QuarterlyQuarterly |
|---|---|---|
| 1 y1 year | -19.2% | +10.3% |
| 3 y3 years | +226.5% | +10.3% |
| 5 y5 years | - | +10.3% |
TRGP Interest Coverage Ratio Highs & Lows
| PeriodPeriod | Annual vs highAnnual vs high | Annual vs lowAnnual vs low | Quarter. vs highQuarter. vs high | Quarter. vs lowQuarter. vs low | |
|---|---|---|---|---|---|
| 3 y | 3-year | -19.2% | +79.3% | -62.5% | +365.1% |
| 5 y | 5-year | -19.2% | +226.5% | -62.5% | +365.1% |
| alltime | all time | -19.2% | +226.5% | -62.5% | +365.1% |
Targa Resources Interest Coverage Ratio History
| Date | Annual | Quarterly |
|---|---|---|
| Sep 2024 | - | 3.95(+10.3%) |
| Jun 2024 | - | 3.58(0.0%) |
| Dec 2023 | 3.82(-19.2%) | 3.58(+23.4%) |
| Sep 2023 | - | 2.90(-25.6%) |
| Jun 2023 | - | 3.90(+2.9%) |
| Dec 2022 | 4.73(+122.1%) | 3.79(+14.2%) |
| Sep 2022 | - | 3.32(-68.5%) |
| Jun 2022 | - | 10.54(-807.4%) |
| Dec 2021 | 2.13(-170.5%) | -1.49(-135.6%) |
| Sep 2021 | - | 4.19(+54.6%) |
| Jun 2021 | - | 2.71(-5.6%) |
| Dec 2020 | -3.02 | 2.87(-7.1%) |
| Date | Annual | Quarterly |
|---|---|---|
| Sep 2020 | - | 3.09(>+9900.0%) |
| Dec 2019 | 0.86(-51.1%) | 0.03(-97.7%) |
| Sep 2019 | - | 1.32(-50.0%) |
| Sep 2011 | - | 2.64(-23.5%) |
| Jun 2011 | - | 3.45(+30.7%) |
| Mar 2011 | - | 2.64(+131.6%) |
| Sep 2010 | - | 1.14(-26.0%) |
| Jun 2010 | - | 1.54(-36.1%) |
| Mar 2010 | - | 2.41(-24.2%) |
| Dec 2009 | 1.76(-15.8%) | 3.18(+81.7%) |
| Sep 2009 | - | 1.75 |
| Dec 2008 | 2.09 | - |
FAQ
- What is Targa Resources annual interest coverage ratio?
- What is the all time high annual interest coverage ratio for Targa Resources?
- What is Targa Resources annual interest coverage ratio year-on-year change?
- What is Targa Resources quarterly interest coverage ratio?
- What is the all time high quarterly interest coverage ratio for Targa Resources?
- What is Targa Resources quarterly interest coverage ratio year-on-year change?
What is Targa Resources annual interest coverage ratio?
The current annual interest coverage ratio of TRGP is 3.82
What is the all time high annual interest coverage ratio for Targa Resources?
Targa Resources all-time high annual interest coverage ratio is 4.73
What is Targa Resources annual interest coverage ratio year-on-year change?
Over the past year, TRGP annual interest coverage ratio has changed by -0.91 (-19.24%)
What is Targa Resources quarterly interest coverage ratio?
The current quarterly interest coverage ratio of TRGP is 3.95
What is the all time high quarterly interest coverage ratio for Targa Resources?
Targa Resources all-time high quarterly interest coverage ratio is 10.54
What is Targa Resources quarterly interest coverage ratio year-on-year change?
Over the past year, TRGP quarterly interest coverage ratio has changed by +0.37 (+10.34%)