Targa Resources (TRGP) Times Interest Earned (2010 - 2020)

Targa Resources' (TRGP) quarterly Times Interest Earned came in at 5.33 in Q4 2020, down 101.26% quarter-over-quarter from 422.14 in Q3 2020.

Analysis

Targa Resources (TRGP) Times Interest Earned (2010 - 2020) Analysis & Trends

Targa Resources (TRGP) has reported Times Interest Earned for 9 consecutive years, with 5.33 the latest figure, recorded in Q4 2020.

On a quarterly basis, Times Interest Earned changed N/A year-over-year to 5.33 in Q4 2020; TTM through Dec 2020 was 90.53, a 264.27% decrease from a year earlier, with the FY2021 full-year figure at 8648.0, up 1824.69% from the prior year.
Times Interest Earned was 5.33 for Q4 2020 at Targa Resources, down from 422.14 in the prior quarter.
Over five years, Times Interest Earned peaked at 863.0 in Q1 2018 and troughed at 51.17 in Q1 2020.
A 3-year average of 161.24 and a median of 5.37 in 2016 frame the typical range for Times Interest Earned.
The widest YoY moves for Times Interest Earned: up 1959.87% in 2016, down 32.08% in 2016.
Over 3 years, Times Interest Earned stood at 162.67 in 2016, then tumbled by 115.54% to 25.28 in 2018, then soared by 78.94% to 5.33 in 2020.
The last three Times Interest Earned figures came in at 5.33 (Q4 2020), 422.14 (Q3 2020), and 9.31 (Q2 2020), per Business Quant data.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Times Interest Earned (Qtr)
1	Kinder Morgan	111.69 Bn	112.81 Bn	3.07 Bn	-
2	Enterprise Products Partners	84.07 Bn	83.21 Bn	-	5.86
3	Energy Transfer	74.03 Bn	73.00 Bn	7.40 Bn	3.83
4	Tc Energy	65.16 Bn	64.62 Bn	1.80 Bn	2.69
5	Targa Resources	62.18 Bn	62.19 Bn	2.14 Bn	-
6	Mplx	60.51 Bn	59.48 Bn	2.73 Bn	4.77
7	Oneok	60.16 Bn	60.09 Bn	2.81 Bn	3.67
8	Enbridge	54.38 Bn	54.88 Bn	5.23 Bn	2.09
9	Pembina Pipeline	28.12 Bn	27.76 Bn	933.00 Mn	5.23
10	Gas Transporter Of The South	21.92 Bn	-3,019.13 Bn	-	-

Historic Data

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