Targa Resources Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Targa Resources Corp.'s balance sheet done over the years? Its assets were worth $20,671,800,000 last year, which is more than in the previous period. 78% of Targa Resources Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $16,061,800,000, which means an increase by 10% compared compared to last year.
Debt to Assets
| 2014 | 6453500000 | 3.91B | 60.65% |
|---|---|---|---|
| 2015 | 13253700000 | 7.00B | 52.84% |
| 2016 | 12871200000 | 6.95B | 54.04% |
| 2017 | 14388600000 | 7.41B | 51.54% |
| 2018 | 16938200000 | 9.22B | 54.44% |
| 2019 | 18815100000 | 10.09B | 53.65% |
| 2020 | 15875700000 | 9.67B | 60.92% |
| 2021 | 15208200000 | 9.27B | 61.02% |
| 2022 | 19560000000 | 14.57B | 74.53% |
| 2023 | 20671800000 | 16.06B | 77.7% |
TRGP Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 141.7M | 219M | 158.5M | 242.8M | 331.1M | 232.1M | 137.2M | 73.5M | 140.2M | 81M |
Short term investments | 0 | 179.9M | 43.1M | 85.5M | 103.3M | 0 | 37.9M | 0 | 92.2M | 0 |
Net receivables | 1.47B | 1.40B | 1.33B | 862.8M | 855M | 865.5M | 827.6M | 742.4M | 515.79M | 567.3M |
Inventory | 371.5M | 393.8M | 153.4M | 181.5M | 161.5M | 164.7M | 204.5M | 137.7M | 141M | 168.9M |
Other current assets | 210.4M | 155.5M | 82.9M | 87.7M | 69.7M | 41.3M | 100.6M | 36.4M | 123M | 65.4M |
Total current assets | 2.19B | 2.35B | 1.76B | 1.46B | 1.65B | 1.41B | 1.26B | 1.00B | 920M | 882.6M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 15.80B | 14.21B | 11.66B | 12.17B | 14.54B | 12.92B | 10.43B | 9.69B | 9.70B | 4.82B |
Goodwill | 45.2M | 45.2M | 45.2M | 0 | 45.2M | 46.6M | 256.6M | 210M | 417M | 0 |
Intangible assets | 2.35B | 2.73B | 1.09B | 1.38B | 1.73B | 1.98B | 2.16B | 1.65B | 1.81B | 591.9M |
Long term investments | 146.3M | 131.3M | 586.5M | 714M | 738.7M | 490.5M | 221.6M | 240.8M | 258.9M | 50.2M |
Other non-current assets | 173.9M | -204.8M | 81.7M | 96.1M | 53.9M | -454.6M | -434.3M | -872.6M | -32.8M | 104.1M |
Total non-current assets | 18.47B | 17.20B | 13.43B | 14.41B | 17.15B | 15.51B | 13.11B | 11.86B | 12.33B | 5.57B |
Total assets | 20.67B | 19.56B | 15.20B | 15.87B | 18.81B | 16.93B | 14.38B | 12.87B | 13.25B | 6.45B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | -23.9M | 327.7M | 475.2M | 434.4M | 382.8M | 47.7M | 185.7M | 152.1M | 129M | 111.3M |
Short term debt | 666.4M | 834.3M | 162.8M | 368.6M | 382.2M | 1.02B | 350M | 275M | 219.3M | 182.8M |
Total current liabilities | 2.76B | 3.06B | 2.29B | 1.77B | 1.87B | 2.79B | 1.61B | 1.16B | 881.6M | 827.1M |
| Non-current liabilities: | ||||||||||
Long term debt | 12.38B | 10.73B | 6.46B | 7.43B | 7.48B | 5.63B | 4.42B | 4.60B | 5.75B | 2.88B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.48B | 253.9M | 204.6M | 137.8M | 127.2M | 89.8M | 203.2M | 171.4M | 155.7M | 62.8M |
Total non-current liabilities | 14.65B | 11.51B | 6.98B | 7.89B | 8.22B | 6.42B | 5.79B | 5.78B | 6.12B | 3.08B |
Total liabilities | 16.06B | 14.57B | 9.27B | 9.67B | 10.09B | 9.22B | 7.41B | 6.95B | 7.00B | 3.91B |
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