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
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