Targa Resources Inc Net Asset Quality Index
Targa Resources Inc 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. Check Targa Resources Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Targa Resources Inc (2008–2025)
Net asset quality index of Targa Resources Inc from 2008 to 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. See Targa Resources Inc shareholders equity for net asset value and shareholders' equity analysis.
Targa Resources Inc Net Asset Quality Index by Year (2008–2025)
Targa Resources Inc net asset quality index by year from 2008 to 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. For live market cap and overall valuation, see TRGP market cap overview.
| 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 | — |