Targa Resources Balance Sheet - Annual (NYSE:TRGP)

Add to My Stocks
$55.26 $0.74 (1.32%) TRGP stock closing price Sep 20, 2018 (Closing)

The financial analysis of a company like Targa Resources involves checking the three financial statements of the company in detail, of which the balance sheet is one. Financial strength can be guaged by performing Targa Resources stock analysis and by analyzing the balance sheet. Annual results announcements include the release of all three financial statements, of which the balance sheet is one. Targa Resources balance sheet indicates an asset turnover ratio of 0.64 and debt to equity ratio of 0.75. Also check Targa Resources revenue and Targa Resources operating cash flow for the same period.

View latest 10 year balance sheet data to check Targa Resources financial performance.
show more
Quarterly
Annual
View Previous Years
View Next Years
Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash137.2M73.5M140.2M81M66.7M76.3M145.8M188.4M252.4M-
Marketable Securities----------
Receivables827.6M742.4M515.8M567.3M658.8M514.9M575.7M466.6M404.3M-
Inventory204.5M137.7M141M168.9M150.7M99.4M92.2M50.4M39.4M-
Raw Materials12.9M10.8M--------
Work In Progress----------
Finished Goods191.6M126.9M--------
Notes Receivable----------
Other Current Assets100.6M53.2M123M65.4M21M42.7M52.8M45.1M48.9M-
Total Current Assets
1.27B1.01B920M882.6M897.2M733.3M866.5M750.5M745M-
Property Plant & Equipment14.21B12.52B11.94B6.52B5.76B4.71B3.82B3.33B3.19B-
Accumulated Depreciation3.78B2.83B2.23B1.7B1.41B1.17B1B822.4M645.2M-
Net Property Plant & Equipment
10.43B9.69B9.7B4.82B4.35B3.54B2.82B2.51B2.55B-
Investment & Advances221.6M240.8M258.9M50.2M55.9M53.1M36.8M---
Other Non-Current Assets----------
Deferred Charges----------
Intangibles2.42B1.86B2.23B591.9M653.4M680.8M----
Deposits & Other Assets44.7M68.6M145M104.2M92.2M99.8M108.2M134.3M74.4M-
Total Assets
14.39B12.87B13.25B6.45B6.05B5.11B3.83B3.39B3.37B-
Notes Payable----------
Accounts Payable1.19B843.5M657.1M638.5M761.8M679M345.4M254.2M206.4M-
Current Portion Long-Term Debt350M275M219.3M182.8M----12.5M-
Current Portion Capital Leases----------
Accrued Expenses------354.6M335.8M304.3M-
Income Taxes Payable--------1.4M-
Other Current Liabilities79.7M49.1M5.2M5.2M8M7.4M41.1M34.2M29.2M-
Total Current Liabilities
1.62B1.17B881.6M827.1M770.4M686.6M741.1M624.2M553.8M-
Mortgages----------
Deferred Taxes/Income479M941.2M177.8M138.2M135.5M131.2M120.5M111.6M50M-
Convertible Debt----------
Long-Term Debt4.7B4.61B5.76B2.89B2.99B2.48B1.57B1.53B1.59B-
Non-Current Capital Leases----------
Other Long-Term Liabilities617.5M241.2M182.6M63.3M62.1M58.5M71.7M87.2M106.9M-
Total Liabilities
7.42B6.96B7B3.91B3.96B3.35B2.5B2.36B2.61B-
Minority Interest--------308.4M-
Preferred Stock216.5M190.8M--------
Common Stock Net----------
Capital Surplus6.3B5.51B1.46B164.9M151.6M184.4M229.5M244.5M194M-
Retained Earnings-77.2M-187.3M26.9M25.5M20.5M-32M-70.1M-100.8M-86M-
Treasury Stock35.6M32.2M28.7M25.4M22.8M9.5M----
Other Liabilities565.8M437.5M4.79B2.37B1.94B1.61B1.17B892.4M647.4M-
Shareholders Equity6.97B5.92B6.25B2.54B2.09B1.75B1.33B1.04B754.9M-
Total Liabilities & Shareholders Equity14.39B12.87B13.25B6.45B6.05B5.11B3.83B3.39B3.37B-
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Years
View Next Years

Looking at Targa Resources historical stock prices and the current Targa Resources stock price can tell you how the stock price has moved, whereas the Targa Resources PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:

  • Assets: An asset is a resource that a corporation like Targa Resources owns and has economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for TRGP stock as of 2017 is $14.39B. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities or obligations comprise of current liabilities that include short term loans, amounts payable to suppliers, or any other outstanding payments including long term liabilities that take into account long term loans for funding large projects. The total liabilities for Targa Resources is $7.42B. Shareholders' equity comes under liabilities as it is money the company owes the holders of TRGP stock.

Targa Resources Balance Sheet - Key Ratios

Current ratio
0.73
Debt to equity ratio
0.75
Asset turnover ratio
0.64
Receivables turnover
13.13
Price to book ratio
1.74