Targa Resources Inc (TRGP) — Net Asset Quality Index
Targa Resources Inc (TRGP) has a Net Asset Quality Index of 13.3% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $28.52 Billion minus total liabilities of $24.72 Billion yields net assets of $3.80 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read TRGP current and long-term liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Targa Resources Inc Net Asset Quality Index Over Time (2008–2025)
This chart shows how Targa Resources Inc's Net Asset Quality Index has evolved across 18 annual periods from 2008 to 2025. As of June 2026, the index stands at 13.3%, representing net assets of $3.80 Billion against total assets of $28.52 Billion USD. For live market cap and overall valuation, see Targa Resources Inc stock valuation.
Annual Net Asset Quality Index for Targa Resources Inc (2008–2025)
The table below presents the year-by-year Net Asset Quality Index for Targa Resources Inc from 2008 to 2025, covering 18 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. Check Targa Resources Inc (TRGP) strategic investment index to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 12.7% | $3.20 Billion | $25.22 Billion | $22.02 Billion | ▼ -6.8 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 | — |