Targa Resources (TRGP) Interest Coverage Ratio (2010 - 2020)
Targa Resources' Interest Coverage Ratio came in at 144.13 for FY2021, compared with -104.30 in FY2020.
Analysis
Targa Resources (TRGP) Interest Coverage Ratio (2010 - 2020) Analysis & Trends
Going back to FY2009, Targa Resources' Interest Coverage Ratio data covers 13 years.
- The FY2021 figure represents the highest annual Interest Coverage Ratio in data going back to FY2009.
- Per Business Quant, earlier years put Interest Coverage Ratio at -104.30 in FY2020, 11.35 in FY2019 (-24.5%), 15.03 in FY2018 and -7.70 in FY2017.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 2.09 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 5.86 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 3.83 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 6.23 |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 4.77 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 3.67 |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 14.95 |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 4.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2020 | 6.65 |
| Sep 30, 2020 | 26.62 |
| Jun 30, 2020 | 9.31 |
| Mar 31, 2020 | -51.17 |
| Dec 31, 2016 | -162.67 |
| Jun 30, 2016 | 20.09 |
| Mar 31, 2016 | 1.44 |
| Dec 31, 2015 | -8.80 |
| Sep 30, 2015 | 230.60 |
| Jun 30, 2015 | 29.58 |
| Mar 31, 2015 | 15.22 |
| Dec 31, 2014 | 13.15 |
| 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 |
| Mar 31, 2013 | 2.30 |
| Dec 31, 2012 | 2.90 |
| Sep 30, 2012 | 1.97 |
API Access
Targa Resources Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TRGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TRGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();