TC Energy Corp (TRP.TO)
65.21
+0.60
(+0.93%)
CAD |
TSX |
Nov 04, 16:00
TC Energy Debt to Equity Ratio: 2.158 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 2.158 |
| March 31, 2024 | 2.145 |
| December 31, 2023 | 2.139 |
| September 30, 2023 | 1.950 |
| June 30, 2023 | 1.823 |
| March 31, 2023 | 1.822 |
| December 31, 2022 | 1.715 |
| September 30, 2022 | 1.646 |
| June 30, 2022 | 1.750 |
| March 31, 2022 | 1.632 |
| December 31, 2021 | 1.586 |
| September 30, 2021 | 1.685 |
| June 30, 2021 | 1.634 |
| March 31, 2021 | 1.643 |
| December 31, 2020 | 1.578 |
| September 30, 2020 | 1.556 |
| June 30, 2020 | |
| March 31, 2020 | 1.710 |
| December 31, 2019 | 1.622 |
| September 30, 2019 | 1.637 |
| June 30, 2019 | 1.657 |
| March 31, 2019 | 1.707 |
| December 31, 2018 | 1.712 |
| September 30, 2018 | 1.706 |
| June 30, 2018 | 1.725 |
| Date | Value |
|---|---|
| March 31, 2018 | 1.727 |
| December 31, 2017 | 1.738 |
| September 30, 2017 | 1.782 |
| June 30, 2017 | 1.769 |
| March 31, 2017 | 1.893 |
| December 31, 2016 | 1.849 |
| September 30, 2016 | 2.391 |
| June 30, 2016 | 2.609 |
| March 31, 2016 | 2.164 |
| December 31, 2015 | 2.134 |
| September 30, 2015 | 1.708 |
| June 30, 2015 | 1.609 |
| March 31, 2015 | 1.64 |
| December 31, 2014 | 1.488 |
| September 30, 2014 | 1.392 |
| June 30, 2014 | 1.345 |
| March 31, 2014 | 1.380 |
| December 31, 2013 | 1.391 |
| September 30, 2013 | 1.320 |
| June 30, 2013 | 1.326 |
| March 31, 2013 | 1.265 |
| December 31, 2012 | 1.312 |
| September 30, 2012 | 1.261 |
| June 30, 2012 | 1.297 |
| March 31, 2012 | 1.260 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.556
Minimum
Sep 2020
2.158
Maximum
Jun 2024
1.766
Average
1.698
Median
Debt to Equity Ratio Benchmarks
| Topaz Energy Corp | 0.3752 |
| Tidewater Midstream and Infrastructure Ltd | 1.576 |
| AltaGas Ltd | 1.283 |
| Enbridge Inc | 1.449 |
| Pembina Pipeline Corp | 0.7431 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 127.97B |
| Total Liabilities (Quarterly) | 87.47B |
| Shareholders Equity (Quarterly) | 30.12B |
| Current Ratio | 0.758 |
| Net Debt Paydown Yield | -0.73% |