TC Energy Corp (TRP) — Cash Flow-to-Debt Ratio
TC Energy Corp (TRP) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of CA$2.60 Billion could theoretically repay 0% of its total liabilities (CA$83.67 Billion) in one year. See how much free cash does TC Energy Corp generate to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
TC Energy Corp Cash Flow-to-Debt Ratio (2000–2025)
Historical debt coverage capacity for TC Energy Corp across 26 annual periods. Also explore TRP net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for TC Energy Corp (2000–2025)
Year-by-year debt coverage analysis for TC Energy Corp. For market capitalisation and broader financial context, see TC Energy Corp market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | CA$7.35 Billion | CA$81.85 Billion | ▼ -6.8% |
| 2024 | 0.10x | CA$7.70 Billion | CA$79.88 Billion | ▲ +14.0% |
| 2023 | 0.08x | CA$7.27 Billion | CA$86.03 Billion | ▲ +6.3% |
| 2022 | 0.08x | CA$6.38 Billion | CA$80.23 Billion | ▼ -18.3% |
| 2021 | 0.10x | CA$6.89 Billion | CA$70.82 Billion | ▼ -7.9% |
| 2020 | 0.11x | CA$7.06 Billion | CA$66.83 Billion | ▼ -0.3% |
| 2019 | 0.11x | CA$7.08 Billion | CA$66.88 Billion | ▲ +9.7% |
| 2018 | 0.10x | CA$6.55 Billion | CA$67.93 Billion | ▲ +9.3% |
| 2017 | 0.09x | CA$5.23 Billion | CA$59.21 Billion | ▲ +8.2% |
| 2016 | 0.08x | CA$5.07 Billion | CA$62.07 Billion | ▼ -13.9% |
| 2015 | 0.09x | CA$4.38 Billion | CA$46.24 Billion | ▼ -11.0% |
| 2014 | 0.11x | CA$4.08 Billion | CA$38.29 Billion | ▼ -2.1% |
| 2013 | 0.11x | CA$3.67 Billion | CA$33.76 Billion | ▼ -8.6% |
| 2012 | 0.12x | CA$3.57 Billion | CA$30.00 Billion | ▼ -6.1% |
| 2011 | 0.13x | CA$3.69 Billion | CA$29.08 Billion | ▲ +18.1% |
| 2010 | 0.11x | CA$3.08 Billion | CA$28.70 Billion | ▼ -3.4% |
| 2009 | 0.11x | CA$2.99 Billion | CA$26.91 Billion | ▼ -0.9% |
| 2008 | 0.11x | CA$2.84 Billion | CA$25.32 Billion | ▼ -22.7% |
| 2007 | 0.15x | CA$2.84 Billion | CA$19.55 Billion | ▲ +24.8% |
| 2006 | 0.12x | CA$2.07 Billion | CA$17.84 Billion | ▲ +0.9% |
| 2005 | 0.12x | CA$1.90 Billion | CA$16.51 Billion | ▲ +3.4% |
| 2004 | 0.11x | CA$1.73 Billion | CA$15.55 Billion | ▼ -15.1% |
| 2003 | 0.13x | CA$1.91 Billion | CA$14.53 Billion | ▼ -10.4% |
| 2002 | 0.15x | CA$1.92 Billion | CA$13.11 Billion | ▲ +73.7% |
| 2001 | 0.08x | CA$1.14 Billion | CA$13.46 Billion | ▼ -7.1% |
| 2000 | 0.09x | CA$1.72 Billion | CA$18.96 Billion | — |