TC Energy Corp (TRP.TO)
51.39
-0.05
(-0.10%)
CAD |
TSX |
May 06, 16:00
TC Energy Debt to Equity Ratio: 2.145 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
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 |
March 31, 2018 | 1.727 |
Date | Value |
---|---|
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 |
December 31, 2011 | 1.282 |
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
2.145
Maximum
Mar 2024
1.733
Average
1.657
Median
Jun 2019
Debt to Equity Ratio Benchmarks
Tidewater Midstream and Infrastructure Ltd | 2.302 |
Topaz Energy Corp | 0.3043 |
Enbridge Inc | 1.321 |
Pembina Pipeline Corp | 0.6639 |
Gibson Energy Inc | 2.820 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 128.03B |
Total Liabilities (Quarterly) | 88.35B |
Shareholders Equity (Quarterly) | 30.10B |
Current Ratio | 0.9352 |
Net Debt Paydown Yield | -2.22% |