Targa Resources (TRGP) Times Interest Earned (2010 - 2015)
Targa Resources' (TRGP) quarterly Times Interest Earned came in at $7.9 in Q4 2015, down 84.51% year-on-year from $50.97 in Q4 2014, and down 96.58% sequentially from $230.6 in Q3 2015.
Targa Resources (TRGP) Times Interest Earned (2010 - 2015) Analysis & Trends
Targa Resources' Times Interest Earned history runs 6 years deep, the most recent figure standing at $7.9 for Q4 2015.
- In Q4 2015, Times Interest Earned fell 84.51% year-over-year to $7.9; the TTM figure through Sep 2016 stood at $2.04 (down 98.57% YoY), while the FY2021 annual figure was $144.13, up 576.13% from the prior year.
- Times Interest Earned came in at $7.9 for Q4 2015 at Targa Resources, down 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.
- The 5-year median for Times Interest Earned is $2.73 (2012), against an average of $19.01.
- The widest annual swing landed in 2012, when Times Interest Earned sank 125.81%; it then jumped 3026.57% in 2014.
- A 5-year view of Times Interest Earned shows it stood at $3.81 in 2011, then slumped by 125.81% to -$0.98 in 2012, then plunged by 76.98% to -$1.74 in 2013, then jumped by 3026.57% to $50.97 in 2014, then slumped by 84.51% to $7.9 in 2015.
- Per Business Quant data, the three most recent Times Interest Earned figures were $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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 2.64 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | - |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 4.92 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 3.15 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 4.17 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 3.25 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 1.99 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 2.59 |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 2.43 |
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 |