Targa Resources (TRGP) Interest Coverage Ratio (2010 - 2020)
Targa Resources' (TRGP) quarterly Interest Coverage Ratio came in at 5.33 in Q4 2020, down 101.26% quarter-over-quarter from 422.14 in Q3 2020.
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Targa Resources (TRGP) Interest Coverage Ratio (2010 - 2020) Analysis & Trends
Targa Resources (TRGP) has reported Interest Coverage Ratio for 9 consecutive years, with 5.33 the latest figure, recorded in Q4 2020.
- On a quarterly basis, Interest Coverage Ratio changed N/A year-over-year to 5.33 in Q4 2020; TTM through Dec 2020 was 90.53, a 264.27% decrease from a year earlier, with the FY2021 full-year figure at 8648.0, up 1824.69% from the prior year.
- Interest Coverage Ratio was 5.33 for Q4 2020 at Targa Resources, down from 422.14 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 863.0 in Q1 2018 and troughed at 51.17 in Q1 2020.
- A 3-year average of 161.24 and a median of 5.37 in 2016 frame the typical range for Interest Coverage Ratio.
- The widest YoY moves for Interest Coverage Ratio: up 1959.87% in 2016, down 32.08% in 2016.
- Over 3 years, Interest Coverage Ratio stood at 162.67 in 2016, then tumbled by 115.54% to 25.28 in 2018, then soared by 78.94% to 5.33 in 2020.
- The last three Interest Coverage Ratio figures came in at 5.33 (Q4 2020), 422.14 (Q3 2020), and 9.31 (Q2 2020), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | - |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 5.86 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 3.83 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 2.69 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | - |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 4.77 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 3.67 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 2.09 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 5.23 |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | -5.33 |
| Sep 30, 2020 | 422.14 |
| Jun 30, 2020 | 9.31 |
| Mar 31, 2020 | -51.17 |
| Dec 31, 2018 | -25.28 |
| Sep 30, 2018 | 255.67 |
| Mar 31, 2018 | 863.00 |
| Dec 31, 2016 | 162.67 |
| Jun 30, 2016 | -20.09 |
| Mar 31, 2016 | 1.44 |
| Dec 31, 2015 | 7.90 |
| Sep 30, 2015 | -230.60 |
| Jun 30, 2015 | -29.58 |
| Mar 31, 2015 | -15.22 |
| Dec 31, 2014 | 125.46 |
| Jun 30, 2014 | 4.21 |
| Mar 31, 2014 | 4.67 |
| Dec 31, 2013 | -1.74 |
| Sep 30, 2013 | 2.65 |
| Jun 30, 2013 | 1.88 |