Targa Resources Inc (TRGP) — Cash Flow-to-Debt Ratio
Targa Resources Inc (TRGP) has a Cash Flow-to-Debt Ratio of 0.03x as of September 2025, meaning its operating cash flow of $599.20 Million could theoretically repay 0% of its total liabilities ($21.34 Billion) in one year. See TRGP FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Targa Resources Inc Cash Flow-to-Debt Ratio (2008–2024)
Historical debt coverage capacity for Targa Resources Inc across 17 annual periods. Also explore net asset growth rate of Targa Resources Inc to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Targa Resources Inc (2008–2024)
Year-by-year debt coverage analysis for Targa Resources Inc. For market capitalisation and broader financial context, see Targa Resources Inc (TRGP) total market value.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 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 | — |