Targa Resources current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.
Targa Resources's current ratio is 0.74: current assets of 2.91B USD against current liabilities of 3.92B USD due within a year.
- Today
- 0.74
- Average, 5 years
- 0.72
- Low, 5 years
- 0.65
- High, 5 years
- 0.80
Current ratio = current assets ÷ current liabilities = 2.91B ÷ 3.92B = 0.74
Current assets over current liabilities at each quarter end: above 1, what falls due within a year is covered by what turns into cash within a year.
Current ratio by year and by quarter
| Fiscal year | Period ending | Current ratio | Total current assets | Total current liabilities |
|---|---|---|---|---|
| Today | 0.74 | 2.91B | 3.92B | |
| FY2025 | 31 Dec 2025 | 0.67 | 2.36B | 3.55B |
| FY2024 | 31 Dec 2024 | 0.72 | 2.30B | 3.17B |
| FY2023 | 31 Dec 2023 | 0.79 | 2.19B | 2.76B |
| FY2022 | 31 Dec 2022 | 0.77 | 2.36B | 3.07B |
| FY2021 | 31 Dec 2021 | 0.77 | 1.77B | 2.30B |
| FY2020 | 31 Dec 2020 | 0.82 | 1.46B | 1.78B |
| FY2019 | 31 Dec 2019 | 0.89 | 1.66B | 1.87B |
| FY2018 | 31 Dec 2018 | 0.51 | 1.42B | 2.80B |
| FY2017 | 31 Dec 2017 | 0.79 | 1.27B | 1.62B |
| FY2016 | 31 Dec 2016 | 0.86 | 1.01B | 1.17B |
| FY2015 | 31 Dec 2015 | 1.05 | 920.00M | 874.90M |
| FY2014 | 31 Dec 2014 | 1.07 | 882.60M | 826.50M |
| FY2013 | 31 Dec 2013 | 1.16 | 897.20M | 770.40M |
| FY2012 | 31 Dec 2012 | 1.07 | 733.30M | 686.60M |
| FY2011 | 31 Dec 2011 | 1.17 | 866.50M | 741.10M |
| FY2010 | 31 Dec 2010 | 1.20 | 750.50M | 624.20M |
| FY2009 | 31 Dec 2009 | 1.35 | 745.00M | 553.80M |
| FY2008 | 31 Dec 2008 | 1.84 | 857.10M | 466.60M |
| Quarter | Period ending | Current ratio | Total current assets | Total current liabilities |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.74 | 2.91B | 3.92B |
| Q2 FY2026 | 30 Jun 2026 | 0.77 | 2.63B | 3.41B |
| Q1 FY2026 | 31 Mar 2026 | 0.72 | 2.44B | 3.40B |
| Q4 FY2025 | 31 Dec 2025 | 0.67 | 2.36B | 3.55B |
| Q3 FY2025 | 30 Sept 2025 | 0.77 | 2.28B | 2.95B |
| Q2 FY2025 | 30 Jun 2025 | 0.69 | 2.21B | 3.18B |
| Q1 FY2025 | 31 Mar 2025 | 0.65 | 2.08B | 3.20B |
| Q4 FY2024 | 31 Dec 2024 | 0.72 | 2.30B | 3.17B |
| Q3 FY2024 | 30 Sept 2024 | 0.77 | 2.03B | 2.63B |
| Q2 FY2024 | 30 Jun 2024 | 0.65 | 1.87B | 2.89B |
| Q1 FY2024 | 31 Mar 2024 | 0.70 | 1.97B | 2.81B |
| Q4 FY2023 | 31 Dec 2023 | 0.79 | 2.19B | 2.76B |
| Q3 FY2023 | 30 Sept 2023 | 0.80 | 2.14B | 2.68B |
| Q2 FY2023 | 30 Jun 2023 | 0.74 | 1.73B | 2.32B |
| Q1 FY2023 | 31 Mar 2023 | 0.66 | 1.64B | 2.47B |
| Q4 FY2022 | 31 Dec 2022 | 0.77 | 2.36B | 3.07B |
| Q3 FY2022 | 30 Sept 2022 | 0.74 | 2.50B | 3.39B |
| Q2 FY2022 | 30 Jun 2022 | 0.69 | 2.16B | 3.15B |
| Q1 FY2022 | 31 Mar 2022 | 0.65 | 1.90B | 2.91B |
| Q4 FY2021 | 31 Dec 2021 | 0.77 | 1.77B | 2.30B |
| Q3 FY2021 | 30 Sept 2021 | 0.69 | 1.99B | 2.87B |
| Q2 FY2021 | 30 Jun 2021 | 0.63 | 1.32B | 2.10B |
| Q1 FY2021 | 31 Mar 2021 | 0.80 | 1.41B | 1.77B |
| Q4 FY2020 | 31 Dec 2020 | 0.82 | 1.46B | 1.78B |
| Q3 FY2020 | 30 Sept 2020 | 1.05 | 1.44B | 1.38B |
| Q2 FY2020 | 30 Jun 2020 | 0.93 | 1.23B | 1.32B |
| Q1 FY2020 | 31 Mar 2020 | 1.02 | 1.21B | 1.20B |
| Q4 FY2019 | 31 Dec 2019 | 0.89 | 1.66B | 1.87B |
| Q3 FY2019 | 30 Sept 2019 | 0.88 | 1.48B | 1.67B |
| Q2 FY2019 | 30 Jun 2019 | 0.73 | 1.21B | 1.66B |
| Q1 FY2019 | 31 Mar 2019 | 0.58 | 1.18B | 2.04B |
| Q4 FY2018 | 31 Dec 2018 | 0.51 | 1.42B | 2.80B |
| Q3 FY2018 | 30 Sept 2018 | 0.68 | 1.73B | 2.56B |
| Q2 FY2018 | 30 Jun 2018 | 0.73 | 1.43B | 1.95B |
| Q1 FY2018 | 31 Mar 2018 | 0.84 | 1.16B | 1.38B |
| Q4 FY2017 | 31 Dec 2017 | 0.79 | 1.27B | 1.62B |
| Q3 FY2017 | 30 Sept 2017 | 0.74 | 1.20B | 1.63B |
| Q2 FY2017 | 30 Jun 2017 | 0.66 | 914.90M | 1.40B |
| Q1 FY2017 | 31 Mar 2017 | 0.57 | 812.10M | 1.42B |
| Q4 FY2016 | 31 Dec 2016 | 0.86 | 1.01B | 1.17B |
| Q3 FY2016 | 30 Sept 2016 | 1.03 | 976.70M | 948.80M |
| Q2 FY2016 | 30 Jun 2016 | 0.91 | 856.70M | 937.60M |
| Q1 FY2016 | 31 Mar 2016 | 1.03 | 715.90M | 693.00M |
| Q4 FY2015 | 31 Dec 2015 | 1.05 | 920.00M | 874.90M |
| Q3 FY2015 | 30 Sept 2015 | 1.16 | 1.00B | 862.20M |
| Q2 FY2015 | 30 Jun 2015 | 1.14 | 963.50M | 847.00M |
| Q1 FY2015 | 31 Mar 2015 | 1.09 | 1.07B | 982.90M |
| Q4 FY2014 | 31 Dec 2014 | 1.07 | 882.60M | 826.50M |
| Q3 FY2014 | 30 Sept 2014 | 1.31 | 1.05B | 802.70M |
| Q2 FY2014 | 30 Jun 2014 | 1.15 | 939.20M | 818.90M |
| Q1 FY2014 | 31 Mar 2014 | 1.07 | 809.90M | 758.40M |
| Q4 FY2013 | 31 Dec 2013 | 1.16 | 897.20M | 770.40M |
| Q3 FY2013 | 30 Sept 2013 | 1.18 | 809.00M | 687.10M |
| Q2 FY2013 | 30 Jun 2013 | 1.15 | 697.90M | 608.60M |
| Q1 FY2013 | 31 Mar 2013 | 1.00 | 631.20M | 633.10M |
| Q4 FY2012 | 31 Dec 2012 | 1.07 | 733.30M | 686.60M |
| Q3 FY2012 | 30 Sept 2012 | 1.27 | 666.40M | 526.30M |
| Q2 FY2012 | 30 Jun 2012 | 1.33 | 649.50M | 487.80M |
| Q1 FY2012 | 31 Mar 2012 | 1.19 | 676.20M | 569.30M |
| Q4 FY2011 | 31 Dec 2011 | 1.17 | 866.50M | 741.10M |
| Q3 FY2011 | 30 Sept 2011 | 1.32 | 890.70M | 673.50M |
| Q2 FY2011 | 30 Jun 2011 | 1.11 | 779.40M | 702.70M |
| Q1 FY2011 | 31 Mar 2011 | 1.18 | 638.70M | 540.00M |
| Q4 FY2010 | 31 Dec 2010 | 1.20 | 750.50M | 624.20M |
| Q3 FY2010 | 30 Sept 2010 | 1.22 | 642.00M | 525.00M |
| Q2 FY2010 | 30 Jun 2010 | 1.22 | 688.70M | 563.50M |
| Q1 FY2010 | 31 Mar 2010 | — | — | — |
| Q4 FY2009 | 31 Dec 2009 | 1.35 | 745.00M | 553.80M |
| Q3 FY2009 | 30 Sept 2009 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Debt to equity,All ratios
Common questions about Targa Resources's current ratio
Source: Financial Modeling Prep
