Targa Resources Inc - Asset Resilience Ratio
Targa Resources Inc (TRGP) has an Asset Resilience Ratio of 0.41% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Check TRGP PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2023)
This chart shows how Targa Resources Inc's Asset Resilience Ratio has changed over time. See TRGP equity to assets ratio to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Targa Resources Inc's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Targa Resources Inc market cap and net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $99.80 Million | 0.41% |
| Total Liquid Assets | $99.80 Million | 0.41% |
Asset Resilience Insights
- Limited Liquidity: Targa Resources Inc maintains only 0.41% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Targa Resources Inc Industry Peers by Asset Resilience Ratio
Compare Targa Resources Inc's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Cheniere Energy Partners LP
NYSE MKT:CQP |
Oil & Gas Midstream | 0.55% |
|
Viper Energy Ut
NASDAQ:VNOM |
Oil & Gas Midstream | 0.00% |
|
FRONTLINE PLC DL 1
F:HF6 |
Oil & Gas Midstream | 0.04% |
|
Nanjing Tanker Corp
SHG:601975 |
Oil & Gas Midstream | 0.05% |
|
TOP Ships Inc.
NYSE MKT:TOPS |
Oil & Gas Midstream | 0.02% |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4 |
Oil & Gas Midstream | 13.03% |
|
Fluxys Belgium
BR:FLUX |
Oil & Gas Midstream | 1.79% |
|
Enbridge Inc
TO:ENB |
Oil & Gas Midstream | 0.50% |
Annual Asset Resilience Ratio for Targa Resources Inc (2012–2023)
The table below shows the annual Asset Resilience Ratio data for Targa Resources Inc.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.54% | $111.90 Million | $20.67 Billion | -0.38pp |
| 2022-12-31 | 0.92% | $179.90 Million | $19.56 Billion | +0.64pp |
| 2021-12-31 | 0.28% | $43.10 Million | $15.21 Billion | -0.26pp |
| 2020-12-31 | 0.54% | $85.50 Million | $15.88 Billion | -0.01pp |
| 2019-12-31 | 0.55% | $103.30 Million | $18.82 Billion | -0.13pp |
| 2018-12-31 | 0.68% | $115.30 Million | $16.94 Billion | +0.42pp |
| 2017-12-31 | 0.26% | $37.90 Million | $14.39 Billion | +0.13pp |
| 2016-12-31 | 0.13% | $16.80 Million | $12.87 Billion | -0.57pp |
| 2015-12-31 | 0.70% | $92.20 Million | $13.25 Billion | -- |
| 2014-12-31 | 0.00% | $0.00 | $6.45 Billion | -- |
| 2013-12-31 | 0.00% | $0.00 | $6.05 Billion | -- |
| 2012-12-31 | 0.00% | $0.00 | $5.11 Billion | -- |
About Targa Resources Inc
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas;… Read more