Targa Resources Corp. company logo
Targa Resources Corp. logo

Targa Resources Corp. (TRGP) Quick Ratio

Annual Quick Ratio

0.620.04-6.06%

Summary

Current Value
As of today, TRGP annual quick ratio is 0.62, down -6.06% on
Historical Performance
TRGP annual quick ratio is down -11.43% over the past 3 years, with unknown 5-year change
All-Time High Comparison
TRGP annual quick ratio is currently -63.31% below its historical high of 1.69 set on
3-Year Low Comparison
TRGP annual quick ratio is at its 3-year low
Sector Comparison
TRGP annual quick ratio is higher than 19.51% of companies in Energy sector

Quick Ratio Chart

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Series
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Performance

TRGP Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.62-6.1%-11.4%-46.5%
Quarterly Quick Ratio0.610.0%+1.7%-29.1%-57.3%
Price$177.91-4.4%+143.4%+523.1%+535.6%
Annual Current Assets$2.30B+4.6%+29.8%+38.5%+244.0%
Annual Inventory$334.30M-10.0%+117.9%+748.5%
Annual Current Liabilities$3.17B+14.9%+38.0%+69.4%+486.1%
Annual Current Ratio0.72-8.9%-6.5%-19.1%-41.5%
Annual Debt To Equity5.50+15.8%+129.2%+261.8%-51.5%
Piotroski F-Score60.0%-25.0%+50.0%
Altman Z-Score2.30-3.0%+27.8%+155.6%+9.5%

Quick Ratio Highs

TRGP Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.66-6.1%
5Y0.72N/A-13.9%
All1.69-63.3%

Quick Ratio Lows

TRGP Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.62at low
5Y0.62at low
All0.45+37.8%

Quick Ratio History

YearValueChange
0.62-6.1%
0.66+3.1%
0.64-8.6%
0.70-2.8%
0.72+60.0%
YearValueChange
0.45-31.8%
0.66-10.8%
0.74-16.9%
0.89+3.5%
0.86-

FAQ

  • What is the current annual quick ratio of TRGP?

    As of today, TRGP annual quick ratio is 0.62

  • What is 1-year change in TRGP annual quick ratio?

    TRGP annual quick ratio is down -6.06% year-over-year

  • What is 3-year change in TRGP annual quick ratio?

    TRGP annual quick ratio is down -11.43% over the past 3 years

  • How far is TRGP annual quick ratio from its all-time high?

    TRGP annual quick ratio is currently -63.31% below its historical high of 1.69 set on December 31, 2008

  • How does TRGP annual quick ratio rank versus sector peers?

    TRGP annual quick ratio is higher than 19.51% of companies in Energy sector

  • When is TRGP next annual earnings release?

    The next annual earnings release for TRGP is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. TRGP Official Website www.targaresources.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1389170/000119312525266435/0001193125-25-266435-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1389170/000095017025023983/0000950170-25-023983-index.htm
  4. TRGP Profile on Yahoo Finance finance.yahoo.com/quote/TRGP
  5. TRGP Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/trgp