Targa Resources Inc (TRGP) - Total Liabilities
Based on the latest financial reports, Targa Resources Inc (TRGP) has total liabilities worth $24.72 Billion USD as of June 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore Targa Resources Inc strategic investment ratio to see how much of total assets are deployed in long-term investments.
Targa Resources Inc - Total Liabilities Trend (2008–2025)
This chart illustrates how Targa Resources Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see TRGP current and non-current assets.
Targa Resources Inc Competitors by Total Liabilities
The table below lists competitors of Targa Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nordea Bank Abp
HE:NDA-FI
|
Finland | €621.93 Billion |
|
Elite Material Co Ltd
TW:2383
|
Taiwan | NT$83.06 Billion |
|
Dominion Energy Inc
NYSE:D
|
USA | $84.87 Billion |
|
Cheniere Energy Inc
NYSE:LNG
|
USA | $36.48 Billion |
|
ONEOK Inc
NYSE:OKE
|
USA | $44.46 Billion |
|
Industrial Bank Co Ltd
SHG:601166
|
China | CN¥10.36 Trillion |
|
ASS.GENERALI ADR 1/2/EO 1
F:ASG0
|
Germany | €546.31 Billion |
Liability Composition Analysis (2008–2025)
This chart breaks down Targa Resources Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See TRGP net asset quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.77 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 6.76 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.87 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Targa Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Targa Resources Inc (2008–2025)
The table below shows the annual total liabilities of Targa Resources Inc from 2008 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $22.02 Billion | +20.22% |
| 2024-12-31 | $18.32 Billion | +14.03% |
| 2023-12-31 | $16.06 Billion | +10.18% |
| 2022-12-31 | $14.58 Billion | +45.35% |
| 2021-12-31 | $10.03 Billion | +0.57% |
| 2020-12-31 | $9.97 Billion | -3.85% |
| 2019-12-31 | $10.37 Billion | +9.56% |
| 2018-12-31 | $9.47 Billion | +27.66% |
| 2017-12-31 | $7.42 Billion | +6.61% |
| 2016-12-31 | $6.96 Billion | -0.68% |
| 2015-12-31 | $7.00 Billion | +78.94% |
| 2014-12-31 | $3.91 Billion | -1.10% |
| 2013-12-31 | $3.96 Billion | +18.07% |
| 2012-12-31 | $3.35 Billion | +34.05% |
| 2011-12-31 | $2.50 Billion | +6.05% |
| 2010-12-31 | $2.36 Billion | -9.76% |
| 2009-12-31 | $2.61 Billion | -7.35% |
| 2008-12-31 | $2.82 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