Targa Resources Partners Balance Sheet - Annual (NYSE:NGLS)

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$10.65 $0.63 (6.29%) NGLS stock closing price Feb 16, 2016 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our Targa Resources Partners stock analysis. A balance sheet can help evaluate the financial performance of a company. Ratios like return on total assets and current ratio, which also uses cash on hand can be used to measure the operating efficiency of a firm, and can be used to conduct a more accurate Targa Resources Partners stock analysis. Annual results are typically accompanied with the company releasing financial statements. Targa Resources Partners balance sheet indicates an asset turnover ratio of and debt to equity ratio of . Also check Targa Resources Partners revenue and Targa Resources Partners operating cash flow for the same period.

View latest 10 year balance sheet data to check Targa Resources Partners financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash124.7M68M-72.3M57.5M68M55.6M76.3M60.4M81.76M
Marketable Securities----------
Receivables825.7M673.2M-566.8M658.6M514.9M575.9M466.1M328.3M80.65M
Inventory204.5M137.7M-168.9M150.7M99.4M92.1M50.3M39.3M-
Raw Materials204.5M--168.9M150.7M99.4M----
Work In Progress----------
Finished Goods----------
Notes Receivable----------
Other Current Assets93.7M48.3M-48.2M9.1M32.6M43.7M28.1M27M92.1M
Total Current Assets
1.25B927.2M-856.2M875.9M714.9M767.3M620.8M455M255.51M
Property Plant & Equipment14.2B12.51B-6.51B5.75B4.7B3.79B3.3B2.1B1.49B
Accumulated Depreciation3.77B2.82B-1.69B1.41B1.17B980.8M804.3M418.3M248.38M
Net Property Plant & Equipment
10.43B9.69B-4.82B4.35B3.53B2.81B2.5B1.68B1.24B
Investment & Advances221.6M240.8M-50.2M55.9M53.1M36.8M15.2M18.5M-
Other Non-Current Assets----------
Deferred Charges---------10.52M
Intangibles2.42B1.86B-591.9M653.4M680.8M----
Deposits & Other Assets36.5M22M-54.3M40.8M43.7M47.8M55.2M28.9M70.53M
Total Assets
14.36B12.74B-6.38B5.97B5.03B3.66B3.19B2.18B1.58B
Notes Payable----------
Accounts Payable1.18B834.9M-645.9M773.6M701.2M404.6M301.9M265.4M8.64M
Current Portion Long-Term Debt350M---------
Current Portion Capital Leases----------
Accrued Expenses------303.2M273.7M114.2M86.19M
Income Taxes Payable----------
Other Current Liabilities79.7M324.1M-188M8M7.4M41.1M34.2M16.3M11.66M
Total Current Liabilities
1.61B1.16B-833.9M781.6M708.6M748.9M609.8M395.9M106.5M
Mortgages----------
Deferred Taxes/Income24M26.9M-13.7M12.1M11.2M9.5M8.7M4.9M1.95M
Convertible Debt----------
Long-Term Debt4.27B4.18B-2.78B2.91B2.39B1.48B1.45B908.4M696.84M
Non-Current Capital Leases----------
Other Long-Term Liabilities595.6M231.4M-57.8M54M52.5M60.2M73.4M35.5M13.23M
Total Liabilities
6.5B5.59B-3.69B3.75B3.17B2.3B2.14B1.34B818.54M
Minority Interest----------
Preferred Stock120.6M120.6M--------
Common Stock Net6.5B5.94B-2.38B2B1.65B1.22B935.3M850.5M769.92M
Capital Surplus----------
Retained Earnings----------
Treasury Stock---4.8M------
Other Liabilities1.24B1.09B-309.1M216.5M210.6M140.5M113.8M-14.3M-7.55M
Shareholders Equity7.86B7.15B-2.69B2.22B1.86B1.36B1.05B836.2M762.36M
Total Liabilities & Shareholders Equity14.36B12.74B-6.38B5.97B5.03B3.66B3.19B2.18B1.58B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Most investors just check the Targa Resources Partners stock price, and Targa Resources Partners historical stock prices before investing. While share price is an important factor, one should also look at financials and valuation metrics like the Targa Resources Partners PE ratio chart. Below is a brief explanation of common balance sheet terms:

  • Assets: An asset is a resource that a corporation like Targa Resources Partners owns and has monetary significance. NGLS assets grew from $12.74B in 2016 to $14.36B in 2017. Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. NGLS stock had total liabilities of $6.5B for the year 2017.