Targa Capital Surpluse from 2010 to 2024
| TRGP Stock | USD 116.86 0.82 0.70% |
Capital Surpluse | First Reported 2011-06-30 | Previous Quarter 3.7 B | Current Value 3.1 B | Quarterly Volatility 2.2 B |
Check Targa Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Targa main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 765.3 M or Selling General Administrative of 220.9 M, as well as many exotic indicators such as Price To Sales Ratio of 1.31, Dividend Yield of 0.0208 or PTB Ratio of 8.58. Targa financial statements analysis is a perfect complement when working with Targa Resources Valuation or Volatility modules.
Targa | Capital Surpluse |
Latest Targa Resources' Capital Surpluse Growth Pattern
Below is the plot of the Capital Surpluse of Targa Resources over the last few years. It is Targa Resources' Capital Surpluse historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Targa Resources' overall financial position and show how it may be relating to other accounts over time.
| Capital Surpluse | 10 Years Trend |
|
Capital Surpluse |
| Timeline |
Targa Capital Surpluse Regression Statistics
| Arithmetic Mean | 3,091,759,667 | |
| Geometric Mean | 1,467,397,114 | |
| Coefficient Of Variation | 78.26 | |
| Mean Deviation | 2,163,127,733 | |
| Median | 3,795,450,000 | |
| Standard Deviation | 2,419,665,381 | |
| Sample Variance | 5854780.6T | |
| Range | 6.2B | |
| R-Value | 0.70 | |
| Mean Square Error | 3219685T | |
| R-Squared | 0.49 | |
| Significance | 0 | |
| Slope | 378,488,643 | |
| Total Sum of Squares | 81966927.8T |
Targa Capital Surpluse History
About Targa Resources Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Targa Resources income statement, its balance sheet, and the statement of cash flows. Targa Resources investors use historical funamental indicators, such as Targa Resources's Capital Surpluse, to determine how well the company is positioned to perform in the future. Although Targa Resources investors may use each financial statement separately, they are all related. The changes in Targa Resources's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Targa Resources's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Targa Resources Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Targa Resources. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Capital Surpluse | 4.3 B | 3.8 B |
Currently Active Assets on Macroaxis
When determining whether Targa Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Targa Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Targa Resources Stock. Highlighted below are key reports to facilitate an investment decision about Targa Resources Stock:Check out the analysis of Targa Resources Correlation against competitors. To learn how to invest in Targa Stock, please use our How to Invest in Targa Resources guide.Note that the Targa Resources information on this page should be used as a complementary analysis to other Targa Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Targa Stock analysis
When running Targa Resources' price analysis, check to measure Targa Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Targa Resources is operating at the current time. Most of Targa Resources' value examination focuses on studying past and present price action to predict the probability of Targa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Targa Resources' price. Additionally, you may evaluate how the addition of Targa Resources to your portfolios can decrease your overall portfolio volatility.
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Is Targa Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Targa Resources. If investors know Targa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Targa Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.11) | Dividend Share 2 | Earnings Share 3.66 | Revenue Per Share 71.506 | Quarterly Revenue Growth (0.07) |
The market value of Targa Resources is measured differently than its book value, which is the value of Targa that is recorded on the company's balance sheet. Investors also form their own opinion of Targa Resources' value that differs from its market value or its book value, called intrinsic value, which is Targa Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Targa Resources' market value can be influenced by many factors that don't directly affect Targa Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Targa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Targa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Targa Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.