Targa Resources Corp. company logo
Targa Resources Corp. logo

Targa Resources Corp. (TRGP) Quick Ratio

Annual Quick Ratio

0.550.07-11.29%

Summary

Current Value
As of today, TRGP annual quick ratio is 0.55, down -11.29% on
Historical Performance
TRGP annual quick ratio is down -14.06% over the past 3 years, down -23.61% over the past 5 years
All-Time High Comparison
TRGP annual quick ratio is currently -67.46% 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 15.61% of companies in Energy sector

Quick Ratio Chart

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Series
SUGGESTED SERIES

Performance

TRGP Performance
MetricDateValue1Y3Y5Y15Y
0.55-11.3%-14.1%-23.6%-50.9%
0.55-11.3%-14.1%-23.6%-50.9%
Price$240.05+31.3%+232.4%+590.4%+642.0%
$2.36B+2.9%+0.3%+61.8%+214.8%
$429.30M+28.4%+9.0%+136.5%+751.8%
$3.55B+11.8%+15.7%+99.3%+468.2%
0.67-6.9%-13.0%-18.3%-44.2%
Annual Debt To Equity5.71+3.8%+31.6%+116.3%-46.3%
60.0%0.0%0.0%+20.0%
2.48+5.5%+38.5%+153.1%+15.9%

Quick Ratio Highs

TRGP Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.66-16.7%
5Y0.72N/A-23.6%
All1.69-67.5%

Quick Ratio Lows

TRGP Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.55at low
5Y0.55at low
All0.45+22.2%

Quick Ratio History

YearValueChange
0.55-11.3%
0.62-6.1%
0.66+3.1%
0.64-8.6%
0.70-2.8%
0.72-10.0%
0.80+77.8%
0.45-31.8%
0.66-10.8%
YearValueChange
0.74-16.9%
0.89+3.5%
0.86-11.3%
0.97+5.4%
0.92-11.5%
1.04-7.1%
1.12-3.4%
1.16-31.4%
1.69-

FAQ

  • What is the current annual quick ratio of TRGP?

    As of today, TRGP annual quick ratio is 0.55

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

    TRGP annual quick ratio is down -11.29% year-over-year

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

    TRGP annual quick ratio is down -14.06% over the past 3 years

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

    TRGP annual quick ratio is currently -67.46% 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 15.61% of companies in Energy sector

  • When is TRGP next annual earnings release?

    As of today, the next annual earnings release for TRGP has not been scheduled

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/1389170/000119312526059296/0001193125-26-059296-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1389170/000119312526059296/0001193125-26-059296-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