Targa Resources Inc Total Assets
Targa Resources Inc total assets. Based on the latest financial reports, Targa Resources Inc (TRGP) holds total assets worth $28.52 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see how much is Targa Resources Inc worth for the company's overall valuation and market capitalisation.
Total Assets of Targa Resources Inc (2008–2025)
Total assets of Targa Resources Inc from 2008 to 2025. This chart illustrates how Targa Resources Inc's total assets have evolved over time, based on quarterly financial data. See current stock price of Targa Resources Inc for real-time trading data and today's change.
Targa Resources Inc - Asset Composition Analysis
Targa Resources Inc Total Assets Breakdown (December 2025)
Targa Resources Inc total assets breakdown as of December 2025. Targa Resources Inc's total assets of $28.52 Billion consist of 9.4% current assets and 90.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $1.47 Billion | 5.9% |
| Inventory | $429.30 Million | 1.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.65 Billion | 6.6% |
| Goodwill | $112.30 Million | 0.5% |
Asset Composition Trend (2008–2025)
This chart illustrates how Targa Resources Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital position of Targa Resources Inc to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Targa Resources Inc's current assets represent 9.4% of total assets in 2025, a decrease from 23.5% in 2008.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2025, down from 10.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 2008.
- Asset Diversification: The largest asset category is intangible assets at 6.6% of total assets.
Targa Resources Inc Competitors by Total Assets
Key competitors of Targa Resources Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Viper Energy Ut
NASDAQ:VNOM
|
USA | $12.05 Billion |
|
Golar LNG Limited
NASDAQ:GLNG
|
USA | $5.34 Billion |
|
TORM plc
CO:TRMD-A
|
Denmark | Dkr3.20 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.83 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.47 Trillion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.17 Billion |
|
Enbridge Inc
TO:ENB
|
Canada | CA$231.65 Billion |
Targa Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.77 | 0.69 | 0.69 |
| Quick Ratio | 0.68 | 0.56 | 0.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-782.00 Million | $-969.50 Million | $-875.00 Million |
Targa Resources Inc - Advanced Valuation Insights
This section examines the relationship between Targa Resources Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 15.06 |
| Latest Market Cap to Assets Ratio | 2.18 |
| Asset Growth Rate (YoY) | 10.9% |
| Total Assets | $25.22 Billion |
| Market Capitalization | $55.08 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Targa Resources Inc's assets at a significant premium (2.18x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Targa Resources Inc's assets grew by 10.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Targa Resources Inc (2008–2025)
The table below shows the annual total assets of Targa Resources Inc from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $25.22 Billion | +10.93% |
| 2024-12-31 | $22.73 Billion | +9.98% |
| 2023-12-31 | $20.67 Billion | +5.68% |
| 2022-12-31 | $19.56 Billion | +28.61% |
| 2021-12-31 | $15.21 Billion | -4.20% |
| 2020-12-31 | $15.88 Billion | -15.62% |
| 2019-12-31 | $18.82 Billion | +11.08% |
| 2018-12-31 | $16.94 Billion | +17.72% |
| 2017-12-31 | $14.39 Billion | +11.79% |
| 2016-12-31 | $12.87 Billion | -2.89% |
| 2015-12-31 | $13.25 Billion | +105.37% |
| 2014-12-31 | $6.45 Billion | +6.69% |
| 2013-12-31 | $6.05 Billion | +18.48% |
| 2012-12-31 | $5.11 Billion | +33.26% |
| 2011-12-31 | $3.83 Billion | +12.88% |
| 2010-12-31 | $3.39 Billion | +0.78% |
| 2009-12-31 | $3.37 Billion | -7.53% |
| 2008-12-31 | $3.64 Billion | -- |
About Targa Resources Inc
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, tr… Read more