Targa Resources Corp. Ratios, News & Analysis

	Q2 2024	Q2 2023	Year over Year
Inventory Turnover (TTM)	34.77	57.13	-39.14%
Days of Inventory on Hand (TTM)	10.5	6.39	+64.32%
Receivables Turnover (TTM)	14.75	12.85	+14.79%
Days of Sales Outstanding (TTM)	24.75	28.4	-12.85%
Payables Turnover (TTM)	7.68	7.36	+4.35%
Number of Days of Payables (TTM)	47.53	49.58	-4.13%
Fixed Asset Turnover (TTM)	1.02	1.05	-2.86%
Total Asset Turnover (TTM)	0.8	0.81	-1.23%

	Q2 2024	Q2 2023	Year over Year
Debt-to-Assets Ratio (MRQ)	64.18%	63%	+1.87%
Debt-to-Capital Ratio (MRQ)	75.83%	74.15%	+2.27%
Debt-to-Equity Ratio (MRQ)	313.79%	286.89%	+9.38%
Financial Leverage Ratio (TTM)	4.58	4.44	+3.15%
Interest Coverage (TTM)	3.18	3.25	-2.15%

	Q2 2024	Q2 2023	Year over Year
Net Profit Margin (TTM)	6.72%	6.98%	-3.72%
Gross Profit Margin (TTM)	32.33%	32.46%	-0.40%
Operating Profit Margin (TTM)	14.8%	15.08%	-1.86%
Pretax Margin (TTM)	10.22%	10.51%	-2.76%
Operating Return On Assets (TTM)	11.82%	12.18%	-2.96%
Return On Assets (TTM)	7.39%	7.61%	-2.89%
Return On Equity (TTM)	29.88%	30.18%	-0.99%

Targa Resources Corp.