TC Energy Corp (TRP) — Net Asset Quality Index
TC Energy Corp (TRP) has a Net Asset Quality Index of 30.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$120.83 Billion minus total liabilities of CA$83.67 Billion yields net assets of CA$37.16 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check TC Energy Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
TC Energy Corp Net Asset Quality Index Over Time (2000–2025)
This chart shows how TC Energy Corp's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the index stands at 30.8%, representing net assets of CA$37.16 Billion against total assets of CA$120.83 Billion CAD. See TC Energy Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for TC Energy Corp (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for TC Energy Corp from 2000 to 2025, covering 26 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TC Energy Corp (TRP) total market value.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 31.1% | CA$36.90 Billion | CA$118.75 Billion | CA$81.85 Billion | ▼ -1.4 pp |
| 2024 | 32.4% | CA$38.36 Billion | CA$118.24 Billion | CA$79.88 Billion | ▲ +1.2 pp |
| 2023 | 31.2% | CA$39.01 Billion | CA$125.03 Billion | CA$86.03 Billion | ▲ +1.4 pp |
| 2022 | 29.8% | CA$34.12 Billion | CA$114.35 Billion | CA$80.23 Billion | ▼ -2.2 pp |
| 2021 | 32.0% | CA$33.40 Billion | CA$104.22 Billion | CA$70.82 Billion | ▼ -1.3 pp |
| 2020 | 33.4% | CA$33.47 Billion | CA$100.30 Billion | CA$66.83 Billion | ▲ +0.7 pp |
| 2019 | 32.6% | CA$32.40 Billion | CA$99.28 Billion | CA$66.88 Billion | ▲ +1.3 pp |
| 2018 | 31.3% | CA$30.99 Billion | CA$98.92 Billion | CA$67.93 Billion | ▲ +0.1 pp |
| 2017 | 31.2% | CA$26.89 Billion | CA$86.10 Billion | CA$59.21 Billion | ▲ +1.7 pp |
| 2016 | 29.5% | CA$25.98 Billion | CA$88.05 Billion | CA$62.07 Billion | ▲ +1.2 pp |
| 2015 | 28.3% | CA$18.24 Billion | CA$64.48 Billion | CA$46.24 Billion | ▼ -6.8 pp |
| 2014 | 35.0% | CA$20.65 Billion | CA$58.95 Billion | CA$38.29 Billion | ▼ -2.3 pp |
| 2013 | 37.4% | CA$20.14 Billion | CA$53.90 Billion | CA$33.76 Billion | ▼ -0.6 pp |
| 2012 | 37.9% | CA$18.34 Billion | CA$48.33 Billion | CA$30.00 Billion | ▼ -0.6 pp |
| 2011 | 38.6% | CA$18.26 Billion | CA$47.34 Billion | CA$29.08 Billion | ▲ +0.2 pp |
| 2010 | 38.4% | CA$17.88 Billion | CA$46.59 Billion | CA$28.70 Billion | ▼ -0.2 pp |
| 2009 | 38.6% | CA$16.93 Billion | CA$43.84 Billion | CA$26.91 Billion | ▲ +2.9 pp |
| 2008 | 35.8% | CA$14.09 Billion | CA$39.41 Billion | CA$25.32 Billion | ▲ +0.2 pp |
| 2007 | 35.6% | CA$10.78 Billion | CA$30.33 Billion | CA$19.55 Billion | ▲ +4.4 pp |
| 2006 | 31.1% | CA$8.07 Billion | CA$25.91 Billion | CA$17.84 Billion | ▼ -0.4 pp |
| 2005 | 31.5% | CA$7.60 Billion | CA$24.11 Billion | CA$16.51 Billion | ▲ +0.9 pp |
| 2004 | 30.7% | CA$6.88 Billion | CA$22.42 Billion | CA$15.55 Billion | ▲ +0.8 pp |
| 2003 | 29.8% | CA$6.17 Billion | CA$20.70 Billion | CA$14.53 Billion | ▼ -4.4 pp |
| 2002 | 34.2% | CA$6.81 Billion | CA$19.92 Billion | CA$13.11 Billion | ▲ +1.7 pp |
| 2001 | 32.5% | CA$6.49 Billion | CA$19.95 Billion | CA$13.46 Billion | ▲ +6.7 pp |
| 2000 | 25.8% | CA$6.59 Billion | CA$25.55 Billion | CA$18.96 Billion | — |