Targa Resources TRGP Quick ratio
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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 quick ratio?
- Targa Resources (TRGP) reported quick ratio of 0.6× in Q1 2026.
- How has Targa Resources's quick ratio changed year-over-year?
- Targa Resources's quick ratio increased by 8.9% year-over-year, from 0.6× to 0.6×.
- What is the long-term trend for Targa Resources's quick ratio?
- Over 5 years (2020 to 2025), Targa Resources's quick ratio has grown at a -5.4% compound annual growth rate (CAGR), from 0.7× to 0.5×.
- What does quick ratio mean?
- Can the company cover short-term bills without having to sell inventory first?
- How do you interpret quick ratio?
- More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
- How does quick ratio compare across companies?
- Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.