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Targa Resources Corp
LSE:0LD9

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Targa Resources Corp
LSE:0LD9
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Price: 291.6218 USD 0.17% Market Closed
Market Cap: $6.7T

Bankruptcy Probability

Targa Resources Corp's probability of bankruptcy is 6.5%, signalling a meaningful chance of default. The solvency score is 28/100 — a sign of moderate financial strength.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Very High
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
-22%
5Y
-37%
10Y
-23%
Long-Term Investments
+
3Y
+141%
5Y
-54%
10Y
+27%
Debt
+
3Y
+61%
5Y
+188%
10Y
+292%

Solvency Ratios

Solvency Ratios Comparison
Targa Resources Corp Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
US
Targa Resources Corp
NYSE:TRGP
62.6B USD
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CA
Enbridge Inc
TSX:ENB
145.8B CAD
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US
Williams Companies Inc
NYSE:WMB
88.4B USD
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US
Enterprise Products Partners L.P
NYSE:EPD
84.9B USD
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US
Energy Transfer LP
NYSE:ET
74.8B USD
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US
Kinder Morgan Inc
NYSE:KMI
68.9B USD
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CA
TC Energy Corp
TSX:TRP
89.2B CAD
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US
MPLX LP
NYSE:MPLX
60.5B USD
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US
ONEOK Inc
NYSE:OKE
60.3B USD
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US
Cheniere Energy Inc
NYSE:LNG
57.8B USD
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US
Cheniere Energy Partners LP
NYSE:CQP
33.3B USD
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No Stocks Found
Is Targa Resources Corp at risk of bankruptcy?

Targa Resources Corp's probability of bankruptcy is 6.5%, signalling a meaningful chance of default.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Targa Resources Corp have?

As of the latest report, Targa Resources Corp has total debt of 19B USD. This includes both short-term (0 USD) and long-term (19B USD) debt.

You can find a full breakdown on its Balance Sheet.

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