Targa Resources (TRGP) - Net assets

Net assets on the balance sheet as of June 2024 : NZ$7.02 B

According to Targa Resources 's latest financial reports the company has NZ$7.02 B 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	-9.35%
2021-12-31	$NZ$8.65 B	0.34%
2020-12-31	$NZ$8.62 B	-33.27%
2019-12-31	$NZ$12.92 B	12.44%
2018-12-31	$NZ$11.49 B	17.12%
2017-12-31	$NZ$9.81 B	14.97%
2016-12-31	$NZ$8.53 B	-6.6%
2015-12-31	$NZ$9.14 B	182.42%
2014-12-31	$NZ$3.23 B	27.13%
2013-12-31	$NZ$2.54 B	19.06%
2012-12-31	$NZ$2.13 B	25.44%
2011-12-31	$NZ$1.70 B	26.45%
2010-12-31	$NZ$1.34 B	-8.57%
2009-12-31	$NZ$1.47 B	3.5%
2008-12-31	$NZ$1.42 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Chevron CVX	NZ$259.04 B	3,585.05%	🇺🇸 USA
Enterprise Products EPD	NZ$46.54 B	562.15%	🇺🇸 USA
Enbridge ENB	NZ$82.92 B	1,079.67%	🇨🇦 Canada
ENI E	NZ$95.67 B	1,261.09%	🇮🇹 Italy
Murphy Oil MUR	NZ$8.89 B	26.52%	🇺🇸 USA
Exxon Mobil XOM	NZ$446.54 B	6,252.40%	🇺🇸 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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