Targa Resources Corp. (TRGP) Current Ratio
- Current ratio · latest quarter: Value 0.77×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 0.77× | Current assets / current liabilities. $2.63B ÷ $3.41B ≈ 0.77× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 2.63B USD | Assets, Current |
| Current obligations | 3.41B USD | Liabilities, Current |
| Cash and equivalents | 132.30M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 1.95B USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | 311.70M USD | Inventory, Net |
| Payables | 2.11B USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $2.63B | $3.41B | $132.30M | (m) | $1.95B | $311.70M | $2.11B | (m) | 0.77× |
| 2026-03-31 | $2.44B | $3.40B | $100.10M | (m) | $1.69B | $334.40M | $1.99B | (m) | 0.72× |
| 2025-12-31 | $2.36B | $3.55B | $166.10M | (m) | $1.47B | $429.30M | $1.87B | (m) | 0.67× |
| 2025-09-30 | $2.28B | $2.95B | $124.10M | (m) | $1.41B | $490.70M | $1.58B | (m) | 0.77× |
| 2025-06-30 | $2.21B | $3.18B | $113.10M | (m) | $1.41B | $443.50M | $1.73B | (m) | 0.69× |
| 2025-03-31 | $2.08B | $3.20B | $151.40M | (m) | $1.40B | $256.20M | $1.89B | (m) | 0.65× |
| 2024-12-31 | $2.30B | $3.17B | $157.30M | (m) | $1.62B | $334.30M | $2.01B | (m) | 0.72× |
| 2024-09-30 | $2.03B | $2.63B | $127.20M | (m) | $1.30B | $414.90M | $1.47B | (m) | 0.77× |
| 2024-06-30 | $1.87B | $2.89B | $166.40M | (m) | $1.22B | $320.60M | $1.69B | (m) | 0.65× |
| 2024-03-31 | $1.97B | $2.81B | $109.90M | (m) | $1.48B | $224.50M | $1.71B | (m) | 0.70× |
| 2023-12-31 | $2.19B | $2.76B | $141.70M | (m) | $1.47B | $371.50M | $1.57B | (m) | 0.79× |
| 2023-09-30 | $2.14B | $2.68B | $139.50M | (m) | $1.24B | $536.20M | $1.58B | (m) | 0.80× |
| 2023-06-30 | $1.73B | $2.32B | $169.40M | (m) | $988.10M | $312.30M | $1.17B | (m) | 0.74× |
| 2023-03-31 | $1.64B | $2.47B | $211.80M | (m) | $1.02B | $156.20M | $1.26B | (m) | 0.66× |
| 2022-12-31 | $2.36B | $3.07B | $219.00M | (m) | $1.41B | $393.80M | $1.45B | (m) | 0.77× |
| 2022-09-30 | $2.50B | $3.39B | $192.90M | (m) | $1.53B | $471.30M | $1.81B | (m) | 0.74× |
| 2022-06-30 | $2.16B | $3.15B | $154.00M | (m) | $1.61B | $202.20M | $1.90B | (m) | 0.69× |
| 2022-03-31 | $1.90B | $2.91B | $135.90M | (m) | $1.57B | $97.50M | $1.80B | (m) | 0.65× |
| 2021-12-31 | $1.77B | $2.30B | $158.50M | (m) | $1.33B | $153.40M | $1.40B | (m) | 0.77× |
| 2021-09-30 | $1.99B | $2.87B | $228.60M | (m) | $1.29B | $316.80M | $1.65B | (m) | 0.69× |
| 2021-06-30 | $1.32B | $2.10B | $209.00M | (m) | $901.80M | $65.60M | $1.03B | (m) | 0.63× |
| 2021-03-31 | $1.41B | $1.76B | $248.50M | (m) | $997.10M | $51.60M | $947.70M | (m) | 0.80× |
| 2020-12-31 | $1.46B | $1.78B | $242.80M | (m) | $862.80M | $181.50M | $833.80M | (m) | 0.82× |
| 2020-09-30 | $1.44B | $1.38B | $275.00M | (m) | $609.80M | $261.70M | $617.70M | (m) | 1.05× |
| 2020-06-30 | $1.23B | $1.32B | $196.20M | (m) | $547.20M | $219.30M | $607.70M | (m) | 0.93× |
| 2020-03-31 | $1.21B | $1.20B | $375.20M | (m) | $438.10M | $100.20M | (m) | (m) | 1.02× |
| 2019-12-31 | $1.66B | $1.87B | $331.10M | (m) | $855.00M | $161.50M | $954.80M | (m) | 0.89× |
| 2019-09-30 | $1.48B | $1.67B | $326.30M | (m) | $744.00M | $210.90M | (m) | (m) | 0.88× |
| 2019-06-30 | $1.21B | $1.66B | $226.50M | (m) | $637.20M | $205.10M | (m) | (m) | 0.73× |
| 2019-03-31 | $1.18B | $2.04B | $124.90M | (m) | $752.80M | $197.90M | (m) | (m) | 0.58× |
| 2018-12-31 | $1.42B | $2.80B | $232.10M | (m) | $865.50M | $164.70M | (m) | (m) | 0.51× |
| 2018-09-30 | $1.73B | $2.56B | $203.20M | (m) | $1.04B | $177.90M | (m) | (m) | 0.68× |
| 2018-06-30 | $1.43B | $1.95B | $281.60M | (m) | $867.20M | $181.40M | (m) | (m) | 0.73× |
| 2018-03-31 | $1.16B | $1.38B | $219.80M | (m) | $745.60M | $96.70M | (m) | (m) | 0.84× |
| 2017-12-31 | $1.27B | $1.62B | $137.20M | (m) | $827.60M | $204.50M | (m) | (m) | 0.79× |
| 2017-09-30 | $1.20B | $1.63B | $114.10M | (m) | $710.40M | $267.40M | (m) | (m) | 0.74× |
| 2017-06-30 | $914.90M | $1.40B | $98.70M | (m) | $550.40M | $197.70M | (m) | (m) | 0.66× |
| 2017-03-31 | $812.10M | $1.42B | $80.00M | (m) | $537.70M | $75.50M | (m) | $534.90M | 0.57× |
| 2016-12-31 | $1.01B | $1.17B | $73.50M | (m) | $674.60M | $137.70M | (m) | (m) | 0.86× |
| 2016-09-30 | $976.70M | $948.80M | $141.10M | (m) | $547.40M | $150.30M | (m) | (m) | 1.03× |
| 2016-06-30 | $856.70M | $937.60M | $170.90M | (m) | $490.10M | $111.00M | (m) | (m) | 0.91× |
| 2016-03-31 | $715.90M | $693.00M | $114.50M | (m) | $428.40M | $61.70M | (m) | (m) | 1.03× |
| 2015-12-31 | $920.00M | $874.90M | $140.20M | (m) | $515.80M | $141.00M | (m) | (m) | 1.05× |
| 2015-09-30 | $1.00B | $862.20M | $102.90M | (m) | $621.00M | $151.10M | (m) | (m) | 1.16× |
| 2015-06-30 | $963.50M | $847.00M | $105.70M | (m) | $602.50M | $124.80M | (m) | (m) | 1.14× |
| 2015-03-31 | $1.07B | $982.90M | $170.70M | (m) | $675.60M | $78.20M | (m) | (m) | 1.09× |
| 2014-12-31 | $882.50M | $826.50M | $81.00M | (m) | $567.30M | $168.90M | (m) | (m) | 1.07× |
| 2014-09-30 | $1.05B | $802.70M | $78.80M | (m) | $698.10M | $251.20M | (m) | (m) | 1.31× |
| 2014-06-30 | $939.20M | $818.90M | $75.90M | (m) | $682.60M | $151.70M | (m) | (m) | 1.15× |
| 2014-03-31 | $809.90M | $758.40M | $94.90M | (m) | $610.40M | $88.50M | (m) | (m) | 1.07× |
| 2013-12-31 | $897.20M | $770.40M | $66.70M | (m) | $658.80M | $150.70M | (m) | (m) | 1.16× |
| 2013-09-30 | $809.00M | $687.10M | $83.70M | (m) | $498.50M | $201.70M | (m) | (m) | 1.18× |
| 2013-06-30 | $697.90M | $608.60M | $82.90M | (m) | $435.80M | $138.30M | (m) | (m) | 1.15× |
| 2013-03-31 | $631.20M | $633.10M | $112.70M | (m) | $427.60M | $66.00M | (m) | (m) | 1.00× |
| 2012-12-31 | $733.30M | $686.60M | $76.30M | (m) | $514.90M | $99.40M | (m) | (m) | 1.07× |
| 2012-09-30 | $666.40M | $526.30M | $120.70M | (m) | $416.20M | $84.40M | (m) | (m) | 1.27× |
| 2012-06-30 | $649.50M | $487.80M | $117.50M | (m) | $368.10M | $89.70M | (m) | (m) | 1.33× |
| 2012-03-31 | $676.20M | $569.30M | $121.20M | (m) | $462.60M | $45.50M | (m) | (m) | 1.19× |
| 2011-12-31 | $866.50M | $741.10M | $145.80M | (m) | $575.70M | $92.20M | (m) | (m) | 1.17× |
| 2011-09-30 | $890.70M | $673.50M | $154.10M | (m) | $544.50M | $139.40M | $298.90M | (m) | 1.32× |
| 2011-06-30 | $779.40M | $702.70M | $154.70M | (m) | $495.80M | $69.90M | $326.40M | (m) | 1.11× |
| 2010-12-31 | $750.50M | $624.20M | $188.40M | (m) | $466.60M | $50.40M | $254.20M | (m) | 1.20× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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