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
DateValue
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