Targa Resources TRGP Cash ratio
Cash ratio at other companies
Other financials
Where this comes from
Calculated from Targa Resources’s reported figures.
Based on the most recent quarter.
The official record: Targa Resources’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Targa Resources's cash ratio?
- Targa Resources (TRGP) reported cash ratio of 0× in Q1 2026.
- How has Targa Resources's cash ratio changed year-over-year?
- Targa Resources's cash ratio decreased by 37.6% year-over-year, from 0× to 0×.
- What is the long-term trend for Targa Resources's cash ratio?
- Over 5 years (2020 to 2025), Targa Resources's cash ratio has grown at a -19.3% compound annual growth rate (CAGR), from 0.1× to 0×.
- What does cash ratio mean?
- How much of its short-term bills the company could pay with cash on hand right now.
- How do you interpret cash ratio?
- A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
- How does cash ratio compare across companies?
- Varies widely by business model and treasury policy; best read against the company's own history.