TRS Financial Statements From 2010 to 2024
| TRS Stock | EUR 47.24 0.88 1.83% |
Check TC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TC Energy's main balance sheet or income statement drivers, such as , as well as many indicators such as . TRS financial statements analysis is a perfect complement when working with TC Energy Valuation or Volatility modules.
TRS |
TC Energy Company Return On Equity Analysis
TC Energy's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TC Energy Return On Equity | 0.0233 |
Most of TC Energy's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TC Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, TC Energy has a Return On Equity of 0.0233. This is 101.18% lower than that of the Energy sector and 99.29% lower than that of the Oil & Gas Midstream industry. The return on equity for all Germany stocks is 107.52% lower than that of the firm.
TC Energy Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TC Energy's current stock value. Our valuation model uses many indicators to compare TC Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TC Energy competition to find correlations between indicators driving TC Energy's intrinsic value. More Info.TC Energy is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 1.51 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TC Energy's earnings, one of the primary drivers of an investment's value.About TC Energy Financial Statements
TC Energy stakeholders use historical fundamental indicators, such as TC Energy's revenue or net income, to determine how well the company is positioned to perform in the future. Although TC Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in TC Energy's assets and liabilities are reflected in the revenues and expenses on TC Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TC Energy. Please read more on our technical analysis and fundamental analysis pages.
TC Energy Corporation operates as an energy infrastructure company in North America. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada. TC ENERGY operates under Oil Gas Midstream classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7081 people.
Currently Active Assets on Macroaxis
Other Information on Investing in TRS Stock
TC Energy financial ratios help investors to determine whether TRS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRS with respect to the benefits of owning TC Energy security.