Tc Energy Corp Stock Debt To Equity

TRP Stock

USD 49.85 0.38 0.76%

TC Energy Corp fundamentals help investors to digest information that contributes to TC Energy's financial success or failures. It also enables traders to predict the movement of TRP Stock. The fundamental analysis module provides a way to measure TC Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TC Energy stock.

		Last Reported	Projected for Next Year
	Debt To Equity	2.14	1.32

As of 11/22/2024, Debt To Equity is likely to drop to 1.32.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

TC Energy Corp Company Debt To Equity Analysis

TC Energy's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current TC Energy Debt To Equity

1.74 %

Most of TC Energy's fundamental indicators, such as Debt To 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 Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

TRP Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for TC Energy is extremely important. It helps to project a fair market value of TRP Stock properly, considering its historical fundamentals such as Debt To Equity. Since TC Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TC Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TC Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.75	0.27	1.0	-0.25	0.85	0.81	0.62	0.92	0.48	1.0	0.26	0.78	0.15	0.53	0.7	-0.25	0.85	0.82	0.88	0.48	-0.29	0.72	-0.11	0.54
Total Stockholder Equity	0.95		0.72	0.19	0.94	-0.02	0.74	0.74	0.51	0.91	0.3	0.93	0.25	0.74	0.26	0.39	0.84	-0.24	0.83	0.78	0.78	0.41	-0.19	0.67	-0.27	0.46
Net Tangible Assets	0.75	0.72		0.27	0.75	-0.5	0.62	0.89	0.89	0.63	0.74	0.75	0.09	0.9	0.01	0.8	0.57	-0.54	0.92	0.91	0.89	0.78	-0.35	0.91	0.24	0.86
Current Deferred Revenue	0.27	0.19	0.27		0.28	-0.39	0.18	0.29	0.34	0.38	0.06	0.3	0.4	0.34	-0.08	0.52	-0.04	-0.22	0.27	0.19	0.38	0.18	0.2	0.17	0.08	0.22
Net Debt	1.0	0.94	0.75	0.28		-0.26	0.86	0.82	0.62	0.93	0.48	1.0	0.27	0.77	0.14	0.53	0.72	-0.23	0.84	0.81	0.87	0.48	-0.31	0.71	-0.14	0.53
Retained Earnings	-0.25	-0.02	-0.5	-0.39	-0.26		-0.39	-0.59	-0.8	-0.18	-0.79	-0.3	0.07	-0.49	0.24	-0.82	0.21	0.46	-0.48	-0.5	-0.61	-0.67	0.52	-0.56	-0.57	-0.69
Accounts Payable	0.85	0.74	0.62	0.18	0.86	-0.39		0.68	0.58	0.84	0.52	0.86	0.36	0.63	-0.04	0.52	0.54	-0.14	0.69	0.66	0.79	0.37	-0.5	0.59	-0.07	0.39
Long Term Debt	0.81	0.74	0.89	0.29	0.82	-0.59	0.68		0.86	0.75	0.8	0.82	0.19	0.9	0.06	0.83	0.5	-0.37	0.97	0.99	0.91	0.72	-0.37	0.84	0.28	0.79
Net Receivables	0.62	0.51	0.89	0.34	0.62	-0.8	0.58	0.86		0.5	0.81	0.63	-0.1	0.83	-0.03	0.91	0.32	-0.69	0.86	0.85	0.89	0.89	-0.53	0.92	0.36	0.93
Good Will	0.92	0.91	0.63	0.38	0.93	-0.18	0.84	0.75	0.5		0.35	0.92	0.45	0.71	0.12	0.45	0.68	-0.11	0.79	0.74	0.77	0.27	-0.17	0.52	-0.21	0.32
Short Term Investments	0.48	0.3	0.74	0.06	0.48	-0.79	0.52	0.8	0.81	0.35		0.5	0.05	0.71	-0.14	0.78	0.1	-0.3	0.7	0.77	0.72	0.69	-0.57	0.7	0.52	0.75
Total Liab	1.0	0.93	0.75	0.3	1.0	-0.3	0.86	0.82	0.63	0.92	0.5		0.27	0.77	0.12	0.55	0.69	-0.25	0.84	0.81	0.88	0.49	-0.31	0.71	-0.12	0.54
Deferred Long Term Liab	0.26	0.25	0.09	0.4	0.27	0.07	0.36	0.19	-0.1	0.45	0.05	0.27		0.25	0.1	0.16	0.15	0.6	0.15	0.11	0.1	-0.3	0.15	-0.15	-0.07	-0.24
Long Term Investments	0.78	0.74	0.9	0.34	0.77	-0.49	0.63	0.9	0.83	0.71	0.71	0.77	0.25		0.33	0.76	0.52	-0.41	0.92	0.89	0.87	0.71	-0.4	0.81	0.19	0.76
Short Long Term Debt	0.15	0.26	0.01	-0.08	0.14	0.24	-0.04	0.06	-0.03	0.12	-0.14	0.12	0.1	0.33		-0.1	0.22	-0.02	0.12	0.08	0.05	0.01	0.0	0.09	-0.19	0.02
Total Current Assets	0.53	0.39	0.8	0.52	0.53	-0.82	0.52	0.83	0.91	0.45	0.78	0.55	0.16	0.76	-0.1		0.11	-0.49	0.78	0.78	0.83	0.79	-0.38	0.79	0.56	0.85
Short Term Debt	0.7	0.84	0.57	-0.04	0.72	0.21	0.54	0.5	0.32	0.68	0.1	0.69	0.15	0.52	0.22	0.11		-0.16	0.62	0.57	0.48	0.24	-0.08	0.54	-0.55	0.29
Intangible Assets	-0.25	-0.24	-0.54	-0.22	-0.23	0.46	-0.14	-0.37	-0.69	-0.11	-0.3	-0.25	0.6	-0.41	-0.02	-0.49	-0.16		-0.46	-0.41	-0.55	-0.69	0.27	-0.69	-0.16	-0.7
Common Stock	0.85	0.83	0.92	0.27	0.84	-0.48	0.69	0.97	0.86	0.79	0.7	0.84	0.15	0.92	0.12	0.78	0.62	-0.46		0.98	0.93	0.73	-0.35	0.88	0.17	0.8
Property Plant Equipment	0.82	0.78	0.91	0.19	0.81	-0.5	0.66	0.99	0.85	0.74	0.77	0.81	0.11	0.89	0.08	0.78	0.57	-0.41	0.98		0.9	0.72	-0.35	0.87	0.24	0.8
Long Term Debt Total	0.88	0.78	0.89	0.38	0.87	-0.61	0.79	0.91	0.89	0.77	0.72	0.88	0.1	0.87	0.05	0.83	0.48	-0.55	0.93	0.9		0.76	-0.46	0.9	0.19	0.82
Capital Surpluse	0.48	0.41	0.78	0.18	0.48	-0.67	0.37	0.72	0.89	0.27	0.69	0.49	-0.3	0.71	0.01	0.79	0.24	-0.69	0.73	0.72	0.76		-0.62	0.88	0.39	0.96
Cash And Equivalents	-0.29	-0.19	-0.35	0.2	-0.31	0.52	-0.5	-0.37	-0.53	-0.17	-0.57	-0.31	0.15	-0.4	0.0	-0.38	-0.08	0.27	-0.35	-0.35	-0.46	-0.62		-0.49	-0.08	-0.47
Net Invested Capital	0.72	0.67	0.91	0.17	0.71	-0.56	0.59	0.84	0.92	0.52	0.7	0.71	-0.15	0.81	0.09	0.79	0.54	-0.69	0.88	0.87	0.9	0.88	-0.49		0.18	0.93
Net Working Capital	-0.11	-0.27	0.24	0.08	-0.14	-0.57	-0.07	0.28	0.36	-0.21	0.52	-0.12	-0.07	0.19	-0.19	0.56	-0.55	-0.16	0.17	0.24	0.19	0.39	-0.08	0.18		0.42
Capital Stock	0.54	0.46	0.86	0.22	0.53	-0.69	0.39	0.79	0.93	0.32	0.75	0.54	-0.24	0.76	0.02	0.85	0.29	-0.7	0.8	0.8	0.82	0.96	-0.47	0.93	0.42

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TRP Debt To Equity Historical Pattern

Today, most investors in TC Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TC Energy's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of TC Energy debt to equity as a starting point in their analysis.

TC Energy Debt To Equity

Timeline

High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.

Competition

Predict TC Energy

Debt To Equity Over Time

TRP Total Stockholder Equity

Total Stockholder Equity

19.64 Billion

At this time, TC Energy's Total Stockholder Equity is relatively stable compared to the past year.

According to the company disclosure, TC Energy Corp has a Debt To Equity of 1.743%. This is 97.62% lower than that of the Oil, Gas & Consumable Fuels sector and 98.35% lower than that of the Energy industry. The debt to equity for all United States stocks is 96.42% higher than that of the company.

TRP Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TC Energy's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TC Energy could also be used in its relative valuation, which is a method of valuing TC Energy by comparing valuation metrics of similar companies.

TC Energy is currently under evaluation in debt to equity category among its peers.

TC Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TC Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TC Energy's managers, analysts, and investors.

Environmental

Governance

Social

TRP Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0333
	Profit Margin	0.31 %
	Operating Margin	0.40 %
	Current Valuation	102.08 B
	Shares Outstanding	1.04 B
	Shares Owned By Insiders	0.03 %
	Shares Owned By Institutions	79.00 %
	Number Of Shares Shorted	10.48 M
	Price To Earning	12.65 X
	Price To Book	2.55 X
	Price To Sales	3.13 X
	Revenue	15.93 B
	Gross Profit	9.61 B
	EBITDA	9.6 B
	Net Income	2.92 B
	Cash And Equivalents	620 M
	Cash Per Share	2.08 X
	Total Debt	63.66 B
	Debt To Equity	1.74 %
	Current Ratio	0.64 X
	Book Value Per Share	26.93 X
	Cash Flow From Operations	7.27 B
	Short Ratio	4.25 X
	Earnings Per Share	3.52 X
	Price To Earnings To Growth	1.69 X
	Target Price	61.84
	Number Of Employees	7 K
	Beta	0.82
	Market Capitalization	52.14 B
	Total Asset	125.03 B
	Retained Earnings	(3 B)
	Working Capital	(445 M)
	Current Asset	3.91 B
	Current Liabilities	7.31 B
	Annual Yield	0.05 %
	Five Year Return	5.04 %
	Net Asset	125.03 B
	Last Dividend Paid	3.81

About TC Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TC Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TC Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TC Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with TC Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TC Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TC Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with TRP Stock

0.71	AM	Antero Midstream Partners Sell-off Trend	Pair Corr
0.91	EE	Excelerate Energy	Pair Corr
0.79	ET	Energy Transfer LP Aggressive Push	Pair Corr
0.74	DLNG	Dynagas LNG Partners Earnings Call This Week	Pair Corr

Moving against TRP Stock

0.87	LPG	Dorian LPG	Pair Corr
0.64	FRO	Frontline Earnings Call This Week	Pair Corr
0.62	GEL	Genesis Energy LP	Pair Corr
0.61	BROGW	Brooge Energy Limited	Pair Corr
0.52	FLNG	FLEX LNG Earnings Call This Week	Pair Corr

The ability to find closely correlated positions to TC Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TC Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TC Energy Corp to buy it.

The correlation of TC Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TC Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for TC Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for TRP Stock Analysis

When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.

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