Current Assets
Total Current Assets
Targa Resources Total Current Assets increased by 3.2% to $2.44B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.4%, from $2.08B to $2.44B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 10.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026
How to read this metric
A higher value relative to current liabilities indicates a strong safety margin for meeting short-term obligations.
Detailed definition
The sum of all assets that are reasonably expected to be converted into cash or consumed within one year. This aggregate...
Peer comparison
High-growth tech companies often maintain high current asset levels to support rapid scaling and R&D needs.
Metric ID:
total_current_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.32B | $1.99B | $1.77B | $1.90B | $2.16B | $2.50B | $2.36B | $1.64B | $1.73B | $2.14B | $2.19B | $1.97B | $1.87B | $2.03B | $2.30B | $2.08B | $2.21B | $2.28B | $2.36B | $2.44B |
| QoQ Change | — | +51.2% | -11.2% | +7.4% | +13.9% | +15.4% | -5.6% | -30.5% | +5.5% | +23.7% | +2.6% | -10.1% | -5.4% | +8.7% | +13.2% | -9.6% | +6.3% | +3.3% | +3.6% | +3.2% |
| YoY Change | — | — | — | — | +64.2% | +25.3% | +33.2% | -13.8% | -20.1% | -14.3% | -6.9% | +20.4% | +8.0% | -5.2% | +4.6% | +5.2% | +18.2% | +12.4% | +2.9% | +17.4% |
Range$1.32B – $2.50B
CAGR+13.8%
Avg YoY Growth+9.5%
Median YoY Growth+6.6%
Current Streak4 quarters growth
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Targa Resources's total current assets?
- Targa Resources (TRGP) reported total current assets of $2.44B in Q1 2026.
- How has Targa Resources's total current assets changed year-over-year?
- Targa Resources's total current assets increased by 17.4% year-over-year, from $2.08B to $2.44B.
- What is the long-term trend for Targa Resources's total current assets?
- Over 5 years (2020 to 2025), Targa Resources's total current assets has grown at a 10.1% compound annual growth rate (CAGR), from $1.46B to $2.36B.
- What does total current assets mean?
- Everything the company owns that can be turned into cash within a single year.