TRP Historical Balance Sheet

TRP Stock

CAD 65.49 0.01 0.02%

Trend analysis of TC Energy Corp balance sheet accounts such as Total Current Liabilities of 7.8 B, Total Stockholder Equity of 19.6 B, Property Plant And Equipment Net of 97.3 B or Current Deferred Revenue of 65.2 M provides information on TC Energy's total assets, liabilities, and equity, which is the actual value of TC Energy Corp to its prevalent stockholders. By breaking down trends over time using TC Energy balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining TC Energy Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TC Energy Corp is a good buy for the upcoming year.

TC Energy Inventory

1.19 Billion

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About TRP Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of TC Energy Corp at a specified time, usually calculated after every quarter, six months, or one year. TC Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of TC Energy and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which TRP currently owns. An asset can also be divided into two categories, current and non-current.

TC Energy Balance Sheet Chart

At this time, TC Energy's Net Debt is very stable compared to the past year. As of the 1st of February 2025, Accounts Payable is likely to grow to about 5.8 B, while Total Current Liabilities is likely to drop about 7.8 B.

Common Stock Shares Outstanding Total Assets Short Long Term Debt Total Other Current Liab

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Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of TC Energy assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in TC Energy Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Most accounts from TC Energy's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into TC Energy Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TC Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	58.3B	63.6B	73.1B	76.8B
Total Assets	114.3B	125.0B	143.8B	151.0B

Short Long Term Debt Total Total Assets

TC Energy balance sheet Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Non Current Assets Total	Non Currrent Assets Other	Net Receivables	Common Stock Total Equity	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Cash	Cash And Short Term Investments
Common Stock Shares Outstanding		0.92	0.91	0.21	0.59	0.77	0.93	0.05	0.91	-0.4	0.86	0.93	0.51	0.71	0.79	0.9	0.76	-0.08	-0.17	0.9	0.86	0.66	0.5	0.82	0.68	0.68
Total Assets	0.92		1.0	0.53	0.68	0.75	1.0	0.31	1.0	-0.65	0.98	1.0	0.61	0.87	0.8	1.0	0.89	0.18	-0.28	1.0	0.96	0.86	0.42	0.87	0.77	0.77
Short Long Term Debt Total	0.91	1.0		0.53	0.69	0.74	0.99	0.32	1.0	-0.67	0.98	1.0	0.6	0.87	0.8	1.0	0.89	0.19	-0.3	1.0	0.95	0.86	0.42	0.86	0.77	0.77
Other Current Liab	0.21	0.53	0.53		0.39	0.14	0.51	0.38	0.52	-0.83	0.6	0.5	0.36	0.67	0.22	0.53	0.72	0.5	-0.04	0.56	0.61	0.73	-0.07	0.36	0.56	0.56
Total Current Liabilities	0.59	0.68	0.69	0.39		0.9	0.71	0.21	0.71	-0.27	0.72	0.7	0.9	0.6	0.87	0.64	0.59	0.0	-0.3	0.69	0.64	0.43	0.79	0.87	0.2	0.2
Total Stockholder Equity	0.77	0.75	0.74	0.14	0.9		0.77	0.21	0.76	-0.17	0.73	0.77	0.81	0.57	0.98	0.71	0.56	-0.1	-0.27	0.74	0.66	0.44	0.75	0.95	0.29	0.29
Property Plant And Equipment Net	0.93	1.0	0.99	0.51	0.71	0.77		0.26	0.99	-0.61	0.98	1.0	0.64	0.86	0.81	0.98	0.9	0.11	-0.24	0.99	0.96	0.83	0.47	0.87	0.75	0.75
Current Deferred Revenue	0.05	0.31	0.32	0.38	0.21	0.21	0.26		0.32	-0.43	0.34	0.29	0.27	0.38	0.29	0.34	0.3	0.67	-0.35	0.34	0.27	0.51	-0.07	0.3	0.25	0.25
Net Debt	0.91	1.0	1.0	0.52	0.71	0.76	0.99	0.32		-0.65	0.98	1.0	0.62	0.87	0.81	0.99	0.88	0.18	-0.32	1.0	0.95	0.85	0.45	0.87	0.73	0.73
Retained Earnings	-0.4	-0.65	-0.67	-0.83	-0.27	-0.17	-0.61	-0.43	-0.65		-0.7	-0.62	-0.13	-0.75	-0.29	-0.69	-0.76	-0.52	0.15	-0.68	-0.72	-0.87	0.25	-0.45	-0.79	-0.79
Accounts Payable	0.86	0.98	0.98	0.6	0.72	0.73	0.98	0.34	0.98	-0.7		0.98	0.64	0.94	0.78	0.97	0.92	0.19	-0.3	0.98	0.97	0.88	0.41	0.86	0.76	0.76
Non Current Assets Total	0.93	1.0	1.0	0.5	0.7	0.77	1.0	0.29	1.0	-0.62	0.98		0.62	0.86	0.82	0.99	0.88	0.14	-0.29	1.0	0.95	0.83	0.46	0.87	0.75	0.75
Non Currrent Assets Other	0.51	0.61	0.6	0.36	0.9	0.81	0.64	0.27	0.62	-0.13	0.64	0.62		0.57	0.78	0.55	0.55	-0.1	-0.28	0.6	0.57	0.36	0.78	0.76	0.16	0.16
Net Receivables	0.71	0.87	0.87	0.67	0.6	0.57	0.86	0.38	0.87	-0.75	0.94	0.86	0.57		0.62	0.87	0.92	0.21	-0.19	0.88	0.94	0.9	0.24	0.74	0.74	0.74
Common Stock Total Equity	0.79	0.8	0.8	0.22	0.87	0.98	0.81	0.29	0.81	-0.29	0.78	0.82	0.78	0.62		0.78	0.59	-0.01	-0.31	0.8	0.7	0.53	0.66	0.97	0.39	0.39
Non Current Liabilities Total	0.9	1.0	1.0	0.53	0.64	0.71	0.98	0.34	0.99	-0.69	0.97	0.99	0.55	0.87	0.78		0.88	0.22	-0.3	1.0	0.95	0.88	0.35	0.85	0.8	0.8
Inventory	0.76	0.89	0.89	0.72	0.59	0.56	0.9	0.3	0.88	-0.76	0.92	0.88	0.55	0.92	0.59	0.88		0.21	-0.03	0.89	0.97	0.89	0.22	0.73	0.82	0.82
Other Current Assets	-0.08	0.18	0.19	0.5	0.0	-0.1	0.11	0.67	0.18	-0.52	0.19	0.14	-0.1	0.21	-0.01	0.22	0.21		-0.14	0.21	0.16	0.53	-0.29	0.05	0.29	0.29
Other Stockholder Equity	-0.17	-0.28	-0.3	-0.04	-0.3	-0.27	-0.24	-0.35	-0.32	0.15	-0.3	-0.29	-0.28	-0.19	-0.31	-0.3	-0.03	-0.14		-0.3	-0.15	-0.18	-0.26	-0.27	-0.08	-0.08
Total Liab	0.9	1.0	1.0	0.56	0.69	0.74	0.99	0.34	1.0	-0.68	0.98	1.0	0.6	0.88	0.8	1.0	0.89	0.21	-0.3		0.95	0.87	0.41	0.86	0.76	0.76
Property Plant And Equipment Gross	0.86	0.96	0.95	0.61	0.64	0.66	0.96	0.27	0.95	-0.72	0.97	0.95	0.57	0.94	0.7	0.95	0.97	0.16	-0.15	0.95		0.89	0.33	0.81	0.8	0.8
Total Current Assets	0.66	0.86	0.86	0.73	0.43	0.44	0.83	0.51	0.85	-0.87	0.88	0.83	0.36	0.9	0.53	0.88	0.89	0.53	-0.18	0.87	0.89		0.01	0.66	0.88	0.88
Short Term Debt	0.5	0.42	0.42	-0.07	0.79	0.75	0.47	-0.07	0.45	0.25	0.41	0.46	0.78	0.24	0.66	0.35	0.22	-0.29	-0.26	0.41	0.33	0.01		0.57	-0.18	-0.18
Common Stock	0.82	0.87	0.86	0.36	0.87	0.95	0.87	0.3	0.87	-0.45	0.86	0.87	0.76	0.74	0.97	0.85	0.73	0.05	-0.27	0.86	0.81	0.66	0.57		0.52	0.52
Cash	0.68	0.77	0.77	0.56	0.2	0.29	0.75	0.25	0.73	-0.79	0.76	0.75	0.16	0.74	0.39	0.8	0.82	0.29	-0.08	0.76	0.8	0.88	-0.18	0.52		1.0
Cash And Short Term Investments	0.68	0.77	0.77	0.56	0.2	0.29	0.75	0.25	0.73	-0.79	0.76	0.75	0.16	0.74	0.39	0.8	0.82	0.29	-0.08	0.76	0.8	0.88	-0.18	0.52	1.0

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TC Energy Account Relationship Matchups

TC Energy balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Common Stock Shares Outstanding	940M	974M	996M	1.0B	1.2B	1.2B
Total Assets	100.3B	104.2B	114.3B	125.0B	143.8B	151.0B
Short Long Term Debt Total	49.6B	52.8B	58.3B	63.6B	73.1B	76.8B
Other Current Liab	2.7B	2.3B	4.4B	4.0B	4.6B	4.8B
Total Current Liabilities	12.0B	13.0B	16.9B	11.8B	13.6B	7.8B
Total Stockholder Equity	31.4B	33.3B	34.0B	29.6B	34.0B	19.6B
Property Plant And Equipment Net	69.8B	70.2B	77.8B	80.6B	92.7B	97.3B
Current Deferred Revenue	129M	90M	62M	69M	62.1M	65.2M
Net Debt	48.0B	52.1B	57.7B	59.9B	68.9B	72.4B
Retained Earnings	5.4B	3.8B	819M	(3.0B)	(3.4B)	(3.3B)
Accounts Payable	3.1B	4.2B	4.3B	4.8B	5.6B	5.8B
Non Current Assets Total	95.1B	96.8B	107.0B	113.7B	130.7B	137.2B
Non Currrent Assets Other	5.8B	5.1B	5.7B	3.4B	3.9B	2.6B
Net Receivables	2.3B	5.2B	3.8B	4.7B	5.4B	5.6B
Liabilities And Stockholders Equity	100.3B	104.2B	114.3B	125.0B	143.8B	151.0B
Non Current Liabilities Total	54.8B	57.8B	63.3B	74.2B	85.3B	89.6B
Inventory	629M	724M	936M	982M	1.1B	1.2B
Other Current Assets	371M	602M	1.9B	2.0B	2.4B	2.5B
Other Stockholder Equity	(1.6B)	2M	729M	722M	649.8M	617.3M
Total Liab	66.8B	70.8B	80.2B	86.0B	98.9B	103.9B
Property Plant And Equipment Gross	69.8B	102.1B	112.5B	119.7B	137.6B	144.5B
Total Current Assets	5.2B	7.4B	7.3B	11.4B	13.1B	13.7B
Accumulated Other Comprehensive Income	(2.4B)	(1.4B)	955M	49M	44.1M	46.3M
Short Term Debt	6.1B	6.5B	8.2B	2.9B	3.4B	3.6B
Common Stock	24.5B	26.7B	29.0B	30.0B	34.5B	19.2B
Cash	1.5B	673M	620M	3.7B	4.2B	4.4B
Cash And Short Term Investments	1.5B	673M	620M	3.7B	4.2B	4.4B
Other Assets	6.7B	5.9B	5.6B	6.4B	7.4B	4.5B
Good Will	12.7B	12.6B	12.8B	12.5B	14.4B	9.4B
Intangible Assets	1.9B	2.2B	231M	14M	12.6M	12.0M
Other Liab	10.6B	11.0B	11.1B	12.8B	14.7B	10.8B
Net Tangible Assets	13.9B	14.7B	17.2B	18.6B	21.4B	13.6B
Long Term Debt	43.4B	46.3B	50.1B	60.3B	69.3B	44.7B
Long Term Investments	6.7B	8.4B	9.5B	10.3B	11.9B	7.9B
Short Long Term Debt	6.1B	6.5B	8.2B	2.9B	2.6B	2.5B
Property Plant Equipment	65.5B	69.8B	70.2B	75.9B	87.3B	64.2B
Short Term Investments	235M	159M	608M	1.3B	1.5B	1.5B
Long Term Debt Total	42.9B	43.4B	46.3B	50.1B	57.7B	46.6B

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.

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

When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:

How To Invest In TRP

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Is TRP Stock a good investment?

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What is TC Energy's Net Worth?

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You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Please note, there is a significant difference between TC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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TRP Historical Balance Sheet

TC Energy Inventory

1.19 Billion

About TRP Balance Sheet Analysis

TC Energy Balance Sheet Chart

Common Stock Shares Outstanding

Total Assets

TC Energy balance sheet Correlations

TC Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TC Energy balance sheet Accounts

Pair Trading with TC Energy

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Short Long Term Debt Total	+ 1.0	Total Assets
Property Plant And Equipment Net	+ 1.0	Total Assets
Net Debt	+ 1.0	Total Assets
Non Current Assets Total	+ 1.0	Total Assets
Non Current Liabilities Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Total Assets

Total Current Assets	- 0.87	Retained Earnings
Retained Earnings	- 0.83	Other Current Liab
Cash And Short Term Investments	- 0.79	Retained Earnings
Cash	- 0.79	Retained Earnings
Inventory	- 0.76	Retained Earnings
Net Receivables	- 0.75	Retained Earnings