Targa Resources (TRGP) Times Interest Earned (2010 - 2015)
Targa Resources (TRGP) reported Times Interest Earned of $7.9 for Q4 2015, down 84.51% year-over-year from $50.97 in Q4 2014, and down 96.58% quarter-over-quarter from $230.6 in Q3 2015.
Targa Resources (TRGP) Times Interest Earned (2010 - 2015) Analysis & Trends
Targa Resources (TRGP) has 6 years of Times Interest Earned data on file, last reported at $7.9 in Q4 2015.
- Times Interest Earned for Q4 2015 came in at $7.9, down 84.51% year-over-year; the trailing twelve-month figure through Sep 2016 was $2.04 (down 98.57% YoY), and the FY2021 annual result was $144.13, up 576.13% from the prior year.
- Times Interest Earned fell to $7.9 in Q4 2015 per TRGP's latest filing, from $230.6 in the prior quarter.
- Over five years, Times Interest Earned peaked at $230.6 in Q3 2015 and troughed at -$1.74 in Q4 2013.
- A 5-year average of $19.01 and a median of $2.73 in 2012 frame the typical range for Times Interest Earned.
- The sharpest annual moves came in 2012 and 2014: Times Interest Earned plunged 125.81% in 2012, then soared 3026.57% in 2014.
- A 5-year view of Times Interest Earned shows it stood at $3.81 in 2011, then sank by 125.81% to -$0.98 in 2012, then tumbled by 76.98% to -$1.74 in 2013, then soared by 3026.57% to $50.97 in 2014, then sank by 84.51% to $7.9 in 2015.
- Business Quant data shows TRGP's Times Interest Earned at $7.9 in Q4 2015, $230.6 in Q3 2015, and $50.97 in Q4 2014.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 5.86 Bn | -13.68 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2015 | 7.90 |
| Sep 30, 2015 | 230.60 |
| Dec 31, 2014 | 50.97 |
| 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 | -0.98 |
| Sep 30, 2012 | 1.97 |
| Jun 30, 2012 | 2.73 |
| Mar 31, 2012 | 3.53 |
| Dec 31, 2011 | 3.81 |
| Sep 30, 2011 | 2.64 |
| Jun 30, 2011 | 3.52 |
| Mar 31, 2011 | 2.58 |
| Jun 30, 2010 | 1.83 |