Targa Resources (MEX:TRGP) Total Liabilities: MXN429,869 Mil (As of Mar. 2026)

What is Targa Resources Total Liabilities?

Targa Resources MEX:TRGP 74 Total Liabilities is MXN429,869 Mil as of Mar. 2026. GuruFocus rates MEX:TRGP with a GF Score™ of 74/100 and a GF Value™ of MXN2,468.89. The stock has 7 warning signs investors should review.

Targa Resources's Total Liabilities for the quarter that ended in Mar. 2026 was MXN429,869 Mil.

Targa Resources's quarterly Total Liabilities increased from Sep. 2025 (MXN391,483.57 Mil) to Dec. 2025 (MXN396,489.12 Mil) and increased from Dec. 2025 (MXN396,489.12 Mil) to Mar. 2026 (MXN429,868.91 Mil).

Targa Resources's annual Total Liabilities increased from Dec. 2023 (MXN272,636.98 Mil) to Dec. 2024 (MXN381,990.92 Mil) and increased from Dec. 2024 (MXN381,990.92 Mil) to Dec. 2025 (MXN396,489.12 Mil).

Targa Resources Total Liabilities Related Terms

Targa Resources Total Liabilities Historical Data

* Premium members only.

The historical data trend for Targa Resources's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Targa Resources Total Liabilities Chart

Targa Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Liabilities

Get a 7-Day Free Trial

205,745.16

284,208.79

272,636.98

381,990.92

396,489.12

Targa Resources Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Total Liabilities	Get a 7-Day Free Trial															413,824.38	391,673.72	391,483.57	396,489.12	429,868.91

74GF Score

Targa Resources Corp MEX:TRGP

Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Targa Resources Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Targa Resources's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	63862.617	+	(301629.686	+	3826.211
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	27170.601	+	0	+	0)
	=	396,489

Total Liabilities	=	Total Assets (A: Dec. 2025 )	-	Total Equity (A: Dec. 2025 )
	=	454074.945	-	57585.83
	=	396,489

Targa Resources's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	61237.246	+	(332431.022	+	9526.675
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	26673.97	+	0	+	0)
	=	429,869

Total Liabilities	=	Total Assets (Q: Mar. 2026 )	-	Total Equity (Q: Mar. 2026 )
	=	488817.809	-	58948.896
	=	429,869

Frequently Asked Questions Learn more about Total Liabilities →

What does a Total Liabilities of MXN429,869 Mil mean?

Targa Resources (MEX:TRGP) has a Total Liabilities of MXN429,869 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Targa Resources and its competitors.

Is Targa Resources' Total Liabilities too high?

Targa Resources' current Total Liabilities is MXN429,869 Mil. Overall, Targa Resources has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.

How does Targa Resources' Total Liabilities compare to MPLX and OKE?

Targa Resources' Total Liabilities of MXN429,869 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Liabilities for an Oil & Gas company?

A good Total Liabilities depends on the Oil & Gas industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Liabilities mean?

A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Targa Resources and its competitors. Targa Resources's current Total Liabilities is MXN429,869 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Targa Resources stock overvalued right now?

Targa Resources (MEX:TRGP) has a current Total Liabilities of MXN429,869 Mil. The stock's GF Value™ is MXN2,468.89, compared to a current price of MXN3,775.00 — trading 52.9% above its estimated fair value. The current Total Liabilities is MXN429,869 Mil. Targa Resources' overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Liabilities calculated?

Total Liabilities is calculated from a company's financial statements. For Targa Resources (MEX:TRGP), the current Total Liabilities is MXN429,869 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Targa Resources (MEX:TRGP) Overvalued in 2026?

Based on GuruFocus' analysis, Targa Resources stock appears to be overvalued. The current stock price of MXN3,775.00 is trading 52.9% above its estimated GF Value™ of MXN2,468.89.

Key valuation signals for MEX:TRGP:

Total Liabilities: MXN429,869 Mil
GF Value™: MXN2,468.89 vs. price of MXN3,775.00 (52.9% above fair value)
GF Score™: 74/100 with 7 warning signs

No single metric tells the full story. See the MEX:TRGP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Targa Resources Business Description

Industry Energy Oil & Gas

Comparable Companies MPLX OKE ET LNG KMI EPD CQP VG WMB WES TSX:ENB TSX:TRP TSX:PPL SHSE:601872 PAA DTM HKSE:01138 TSX:KEY TSX:ALA AM

Other Exchanges TRGP:USA 1TRGP:Italy 0LD9:UK TAR:Germany

Address 811 Louisiana Street, Suite 2100, Houston, TX, USA, 77002

Website https://www.targaresources.com

Targa Resources Corp is a midstream firm that mainly operates gathering and processing assets with substantial positions in the Permian, Stack, Scoop, and Bakken plays. It has fractionation capacity at Mont Belvieu and operates a liquefied petroleum gas export terminal. The Grand Prix natural gas liquids pipeline is another important asset. It has two operating segments: Gathering and Processing, and, Logistics and Transportation (also referred to as the Downstream Business).

74GF Score

Get the complete analysis for MEX:TRGP

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,775.00

Price

MXN2,468.89

GF Value

View MEX:TRGP Analysis

See Total Liabilities data for all stocks →