TC Energy Corp Net Asset Quality Index
TC Energy Corp 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 how high is TC Energy Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of TC Energy Corp (2000–2025)
Net asset quality index of TC Energy Corp from 2000 to 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 shareholders equity of TC Energy Corp for net asset value and shareholders' equity analysis.
TC Energy Corp Net Asset Quality Index by Year (2000–2025)
TC Energy Corp net asset quality index by year from 2000 to 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 live market cap and overall valuation, see TC Energy Corp (TRP) market capitalisation.
| 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 | — |