Targa Resources Inc (TRGP) — Net Asset Quality Index
Targa Resources Inc (TRGP) has a Net Asset Quality Index of 11.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $24.17 Billion minus total liabilities of $21.34 Billion yields net assets of $2.83 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check TRGP financial resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Targa Resources Inc Net Asset Quality Index Over Time (2008–2024)
This chart shows how Targa Resources Inc's Net Asset Quality Index has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the index stands at 11.7%, representing net assets of $2.83 Billion against total assets of $24.17 Billion USD. See how liquid is Targa Resources Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Targa Resources Inc (2008–2024)
The table below presents the year-by-year Net Asset Quality Index for Targa Resources Inc from 2008 to 2024, covering 17 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TRGP stock market capitalisation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 19.4% | $4.42 Billion | $22.73 Billion | $18.32 Billion | ▼ -2.9 pp |
| 2023 | 22.3% | $4.61 Billion | $20.67 Billion | $16.06 Billion | ▼ -3.2 pp |
| 2022 | 25.5% | $4.98 Billion | $19.56 Billion | $14.58 Billion | ▼ -8.6 pp |
| 2021 | 34.1% | $5.18 Billion | $15.21 Billion | $10.03 Billion | ▼ -3.1 pp |
| 2020 | 37.2% | $5.90 Billion | $15.88 Billion | $9.97 Billion | ▼ -7.7 pp |
| 2019 | 44.9% | $8.44 Billion | $18.82 Billion | $10.37 Billion | ▲ +0.8 pp |
| 2018 | 44.1% | $7.47 Billion | $16.94 Billion | $9.47 Billion | ▼ -4.4 pp |
| 2017 | 48.5% | $6.97 Billion | $14.39 Billion | $7.42 Billion | ▲ +2.5 pp |
| 2016 | 46.0% | $5.92 Billion | $12.87 Billion | $6.96 Billion | ▼ -1.2 pp |
| 2015 | 47.2% | $6.25 Billion | $13.25 Billion | $7.00 Billion | ▲ +7.8 pp |
| 2014 | 39.4% | $2.54 Billion | $6.45 Billion | $3.91 Billion | ▲ +4.8 pp |
| 2013 | 34.6% | $2.09 Billion | $6.05 Billion | $3.96 Billion | ▲ +0.2 pp |
| 2012 | 34.3% | $1.75 Billion | $5.11 Billion | $3.35 Billion | ▼ -0.4 pp |
| 2011 | 34.7% | $1.33 Billion | $3.83 Billion | $2.50 Billion | ▲ +4.2 pp |
| 2010 | 30.5% | $1.04 Billion | $3.39 Billion | $2.36 Billion | ▲ +8.1 pp |
| 2009 | 22.4% | $754.90 Million | $3.37 Billion | $2.61 Billion | ▼ -0.2 pp |
| 2008 | 22.6% | $822.00 Million | $3.64 Billion | $2.82 Billion | — |