Targa Resources Inc (TRGP) - Total Liabilities
Based on the latest financial reports, Targa Resources Inc (TRGP) has total liabilities worth $21.34 Billion USD as of September 2025. 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. Also explore Targa Resources Inc (TRGP) equity growth momentum to track the company's year-over-year net asset growth rate.
Targa Resources Inc - Total Liabilities Trend (2008–2024)
This chart illustrates how Targa Resources Inc's total liabilities have evolved over time, based on quarterly financial data. See TRGP free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Bank Central Asia Tbk
JK:BBCA
|
Indonesia | Rp1242.32 Trillion |
|
Orange S.A.
PA:ORA
|
France | €82.15 Billion |
|
United Microelectronics Corporation
TW:2303
|
Taiwan | NT$193.20 Billion |
|
Exelon Corporation
NASDAQ:EXC
|
USA | $88.23 Billion |
|
SIEMENS HEALTH ADR/050
F:SHL1
|
Germany | €25.79 Billion |
|
DnB ASA
OL:DNB
|
Norway | Nkr3.54 Trillion |
|
Flex Ltd
NASDAQ:FLEX
|
USA | $16.92 Billion |
|
Diageo plc
MX:DEON
|
Mexico | MX$36.58 Billion |
Liability Composition Analysis (2008–2024)
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. For the full company profile including market capitalisation, see TRGP company net worth.
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 | 7.88 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.88 | 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 (2008–2024)
The table below shows the annual total liabilities of Targa Resources Inc from 2008 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 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 subsidiary, Targa Resources Partners LP, 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;… Read more