Targa Resources (TRGP) - Net assets

Net assets on the balance sheet as of September 2024 : A$6.84 Billion

According to Targa Resources 's latest financial reports the company has A$6.84 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Targa Resources - Net assets on balance sheet (from 2009 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$A$6.76 B	-7.58%
2022-12-31	$A$7.32 B	-10.47%
2021-12-31	$A$8.17 B	1.34%
2020-12-31	$A$8.06 B	-35.22%
2019-12-31	$A$12.45 B	13.73%
2018-12-31	$A$10.95 B	22.65%
2017-12-31	$A$8.93 B	8.83%
2016-12-31	$A$8.20 B	-4.35%
2015-12-31	$A$8.57 B	176.49%
2014-12-31	$A$3.10 B	32.35%
2013-12-31	$A$2.34 B	38.96%
2012-12-31	$A$1.68 B	30.01%
2011-12-31	$A$1.29 B	27.23%
2010-12-31	$A$1.02 B	-13.83%
2009-12-31	$A$1.18 B	1.59%
2008-12-31	$A$1.16 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Chevron CVX	A$241.15 B	3,422.04%	🇺🇸 USA
Enterprise Products EPD	A$44.22 B	545.89%	🇺🇸 USA
Enbridge ENB	A$78.18 B	1,041.94%	🇨🇦 Canada
ENI E	A$91.73 B	1,239.78%	🇮🇹 Italy
Murphy Oil MUR	A$8.30 B	21.23%	🇺🇸 USA
Exxon Mobil XOM	A$424.46 B	6,099.39%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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