Targa Resources Inc (TRGP) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.03x

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. Explore Targa Resources Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.

CF-to-Debt Ratio

0.03x
Operating CF / Total Liabilities

Operating Cash Flow

$599.20 Million
USD

Total Liabilities

$21.34 Billion
USD

Data as of

Sep 2025
Most recent filing

Targa Resources Inc Cash Flow-to-Debt Ratio (2008–2024)

Historical debt coverage capacity for Targa Resources Inc across 17 annual periods. Also explore TRGP total asset value for the complete picture of this company's asset base.

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 TRGP stock market capitalisation.

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 —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.