Skip to content

Debt-to-assets at other companies

Oneok logo
OneokOKE
0.5×0.0×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.4×0.0×
Energy Transfer logo
Energy TransferET
0.5×0.0×
Kinder Morgan logo
Kinder MorganKMI
0.4×0.0×
MPLX logo
MPLXMPLX
0.0×
Antero Midstream Corporation logo
Antero Midstream CorporationAM
0.6×0.0×

Other financials

Income statement

See full
Revenue$4.1B-10.2%
Gross profit$1.7B+30.4%
Operating income$846.9M+55.9%
Net income$479.6M+77.3%
EPS (diluted)$2.21+143%

Balance sheet

See full
Cash & equivalents$100.1M-33.9%
Total debt$346.5M+17.0%
Total equity$3.1B+27.9%
Total assets$27.1B+18.9%

Cash flow

See full
Operating cash flow$739.5M-22.5%
CapEx$899.5M+13.5%
Free cash flow-$160.0M-199%

Valuation

See full
Market cap$55.5B+23.5%
Enterprise value$55.75B+23.6%
P/E26×-8.4×
P/S3.4×+0.6×

Profitability

See full
Gross margin41.8%+7.3pp
Operating margin21.9%+6.1pp
Net margin12.9%+4.9pp

Returns & leverage

See full
Return on equity76.3%+25.6pp
Debt / equity0.1×0.0×
Current ratio0.7×+0.1×

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 →

Ask your AI about Targa Resources's debt-to-assets.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Targa Resources's debt-to-assets?
Targa Resources (TRGP) reported debt-to-assets of 0× in Q1 2026.
How has Targa Resources's debt-to-assets changed year-over-year?
Targa Resources's debt-to-assets decreased by 1.5% year-over-year, from 0× to 0×.
What is the long-term trend for Targa Resources's debt-to-assets?
Over 5 years (2020 to 2025), Targa Resources's debt-to-assets has grown at a 27.0% compound annual growth rate (CAGR), from 0× to 0×.
What does debt-to-assets mean?
What fraction of everything the company owns is funded by debt.
How do you interpret debt-to-assets?
A lower ratio indicates a more conservatively financed balance sheet. Rising debt-to-assets over time signals increasing financial risk.
How does debt-to-assets compare across companies?
Comparable within an industry; bounded between 0 and 1 for most non-financials, which makes cross-company reads cleaner than debt-to-equity.