Targa Resources Inc (TRGP) — Defensive Interval Ratio
Targa Resources Inc (TRGP) has a Defensive Interval Ratio of 187 days as of September 2025. Defensive assets of $1.51 Billion (cash $-, short-term investments $99.80 Million, receivables $1.41 Billion) cover 187 days of daily cash needs of $8.07 Million/day. See working capital to net assets of Targa Resources Inc to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Targa Resources Inc Defensive Interval Ratio (2008–2024)
This chart shows how Targa Resources Inc's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 187 days, meaning defensive assets of $1.51 Billion can fund 187 days of operations without new revenue. See debt-free asset ratio of Targa Resources Inc to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Targa Resources Inc (2008–2024)
The table below presents the year-by-year Defensive Interval Ratio for Targa Resources Inc from 2008 to 2024, covering 17 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Targa Resources Inc market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 186 days | $1.62 Billion | $8.69 Million/day | $- | $- | ▼ -23 days |
| 2023 | 209 days | $1.58 Billion | $7.56 Million/day | $- | $111.90 Million | ▲ +20 days |
| 2022 | 189 days | $1.59 Billion | $8.40 Million/day | $- | $179.90 Million | ▼ -29 days |
| 2021 | 218 days | $1.38 Billion | $6.30 Million/day | $- | $43.10 Million | ▲ +24 days |
| 2020 | 195 days | $948.30 Million | $4.88 Million/day | $- | $85.50 Million | ▲ +8 days |
| 2019 | 187 days | $958.30 Million | $5.13 Million/day | $- | $103.30 Million | ▲ +59 days |
| 2018 | 128 days | $980.80 Million | $7.67 Million/day | $- | $115.30 Million | ▼ -68 days |
| 2017 | 195 days | $865.50 Million | $4.43 Million/day | $- | $37.90 Million | ▼ -42 days |
| 2016 | 237 days | $759.20 Million | $3.20 Million/day | $- | $16.80 Million | ▼ -14 days |
| 2015 | 252 days | $608.00 Million | $2.42 Million/day | $- | $92.20 Million | ▲ +1 days |
| 2014 | 251 days | $567.30 Million | $2.26 Million/day | $- | $0.00 | ▼ -62 days |
| 2013 | 312 days | $658.80 Million | $2.11 Million/day | $- | $0.00 | ▲ +38 days |
| 2012 | 274 days | $514.90 Million | $1.88 Million/day | $- | $0.00 | ▼ -10 days |
| 2011 | 284 days | $575.70 Million | $2.03 Million/day | $- | $- | ▲ +11 days |
| 2010 | 273 days | $466.60 Million | $1.71 Million/day | $- | $- | ▲ +6 days |
| 2009 | 266 days | $404.30 Million | $1.52 Million/day | $- | $- | ▲ +29 days |
| 2008 | 238 days | $303.90 Million | $1.28 Million/day | $- | $- | — |