Targa Resources Inc (TRGP) — Cash Flow-to-Debt Ratio
Targa Resources Inc (TRGP) has a Cash Flow-to-Debt Ratio of 0.06x as of June 2026, meaning its operating cash flow of $1.44 Billion could theoretically repay 0% of its total liabilities ($24.72 Billion) in one year. See Targa Resources Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Targa Resources Inc Cash Flow-to-Debt Ratio (2008–2025)
Historical debt coverage capacity for Targa Resources Inc across 18 annual periods. For the full cash flow conversion analysis, see Targa Resources Inc operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for Targa Resources Inc (2008–2025)
Year-by-year debt coverage analysis for Targa Resources Inc. Check how high is Targa Resources Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.18x | $3.92 Billion | $22.02 Billion | ▼ -10.7% |
| 2024 | 0.20x | $3.65 Billion | $18.32 Billion | ▼ -0.3% |
| 2023 | 0.20x | $3.21 Billion | $16.06 Billion | ▲ +22.4% |
| 2022 | 0.16x | $2.38 Billion | $14.58 Billion | ▼ -28.9% |
| 2021 | 0.23x | $2.30 Billion | $10.03 Billion | ▲ +31.3% |
| 2020 | 0.17x | $1.74 Billion | $9.97 Billion | ▲ +30.6% |
| 2019 | 0.13x | $1.39 Billion | $10.37 Billion | ▲ +10.9% |
| 2018 | 0.12x | $1.14 Billion | $9.47 Billion | ▼ -4.6% |
| 2017 | 0.13x | $939.50 Million | $7.42 Billion | ▲ +5.2% |
| 2016 | 0.12x | $837.40 Million | $6.96 Billion | ▼ -18.5% |
| 2015 | 0.15x | $1.03 Billion | $7.00 Billion | ▼ -24.1% |
| 2014 | 0.19x | $761.80 Million | $3.91 Billion | ▲ +101.3% |
| 2013 | 0.10x | $382.70 Million | $3.96 Billion | ▼ -24.3% |
| 2012 | 0.13x | $428.20 Million | $3.35 Billion | ▼ -15.8% |
| 2011 | 0.15x | $379.30 Million | $2.50 Billion | ▲ +71.5% |
| 2010 | 0.09x | $208.50 Million | $2.36 Billion | ▼ -31.2% |
| 2009 | 0.13x | $335.80 Million | $2.61 Billion | ▼ -7.2% |
| 2008 | 0.14x | $390.70 Million | $2.82 Billion | — |