Targa Resources (TRGP) - Net assets

Net assets on the balance sheet as of September 2024 : NZ$7.59 Billion

According to Targa Resources 's latest financial reports the company has NZ$7.59 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	$NZ$7.28 B	-7.1%
2022-12-31	$NZ$7.84 B	-9.59%
2021-12-31	$NZ$8.67 B	0.93%
2020-12-31	$NZ$8.59 B	-33.6%
2019-12-31	$NZ$12.95 B	12.57%
2018-12-31	$NZ$11.50 B	17.18%
2017-12-31	$NZ$9.81 B	14.97%
2016-12-31	$NZ$8.53 B	-6.49%
2015-12-31	$NZ$9.13 B	181.76%
2014-12-31	$NZ$3.24 B	27.36%
2013-12-31	$NZ$2.54 B	19.4%
2012-12-31	$NZ$2.13 B	25.01%
2011-12-31	$NZ$1.70 B	26.96%
2010-12-31	$NZ$1.34 B	-8.26%
2009-12-31	$NZ$1.46 B	3.35%
2008-12-31	$NZ$1.41 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Chevron CVX	NZ$267.65 B	3,422.04%	🇺🇸 USA
Enterprise Products EPD	NZ$49.08 B	545.89%	🇺🇸 USA
Enbridge ENB	NZ$86.78 B	1,041.94%	🇨🇦 Canada
ENI E	NZ$101.81 B	1,239.78%	🇮🇹 Italy
Murphy Oil MUR	NZ$9.21 B	21.23%	🇺🇸 USA
Exxon Mobil XOM	NZ$471.12 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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