TC Energy Corp
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,700 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distributio… Read more
TC Energy Corp (TRP) - Total Assets
Latest total assets as of September 2025: $120.23 Billion USD
Based on the latest financial reports, TC Energy Corp (TRP) holds total assets worth $120.23 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
TC Energy Corp - Total Assets Trend (2000–2024)
This chart illustrates how TC Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TC Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
TC Energy Corp's total assets of $120.23 Billion consist of 4.9% current assets and 95.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $801.00 Million | 0.7% |
| Accounts Receivable | $3.11 Billion | 2.6% |
| Inventory | $747.00 Million | 0.6% |
| Property, Plant & Equipment | $77.50 Billion | 65.5% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $13.67 Billion | 11.6% |
Asset Composition Trend (2000–2024)
This chart illustrates how TC Energy Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TC Energy Corp's current assets represent 4.9% of total assets in 2024, a decrease from 21.1% in 2000.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, down from 1.3% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 65.5% of total assets.
TC Energy Corp Competitors by Total Assets
Key competitors of TC Energy Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Senton Energy Co. Ltd. A
SHE:001331
|
China | CN¥1.68 Billion |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267
|
China | CN¥13.96 Billion |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492
|
China | CN¥2.32 Billion |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
Germany | €535.36 Million |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617
|
China | CN¥25.35 Billion |
|
Nanjing Tanker Corp
SHG:601975
|
China | CN¥13.19 Billion |
|
China Merchants Energy Shipping Co Ltd
SHG:601872
|
China | CN¥77.88 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
TC Energy Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - TC Energy Corp generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, TC Energy Corp generates $ 3.97 in net profit.
TC Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.63 | 1.31 | 0.43 |
| Quick Ratio | 0.56 | 1.23 | 0.38 |
| Cash Ratio | 0.15 | 0.29 | 0.00 |
| Working Capital | $-4.52 Billion | $ 4.01 Billion | $ -6.79 Billion |
TC Energy Corp - Advanced Valuation Insights
This section examines the relationship between TC Energy Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.43 |
| Latest Market Cap to Assets Ratio | 0.53 |
| Asset Growth Rate (YoY) | -5.4% |
| Total Assets | $118.24 Billion |
| Market Capitalization | $62.83 Billion USD |
Valuation Analysis
Below Book Valuation: The market values TC Energy Corp's assets below their book value (0.53 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: TC Energy Corp's assets decreased by 5.4% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for TC Energy Corp (2000–2024)
The table below shows the annual total assets of TC Energy Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $118.24 Billion | -5.43% |
| 2023-12-31 | $125.03 Billion | +9.35% |
| 2022-12-31 | $114.35 Billion | +9.72% |
| 2021-12-31 | $104.22 Billion | +3.91% |
| 2020-12-31 | $100.30 Billion | +1.03% |
| 2019-12-31 | $99.28 Billion | +0.36% |
| 2018-12-31 | $98.92 Billion | +14.89% |
| 2017-12-31 | $86.10 Billion | -2.21% |
| 2016-12-31 | $88.05 Billion | +36.73% |
| 2015-12-31 | $64.40 Billion | +10.04% |
| 2014-12-31 | $58.52 Billion | +8.58% |
| 2013-12-31 | $53.90 Billion | +11.37% |
| 2012-12-31 | $48.40 Billion | +2.23% |
| 2011-12-31 | $47.34 Billion | +1.61% |
| 2010-12-31 | $46.59 Billion | +6.27% |
| 2009-12-31 | $43.84 Billion | +11.23% |
| 2008-12-31 | $39.41 Billion | +29.95% |
| 2007-12-31 | $30.33 Billion | +17.06% |
| 2006-12-31 | $25.91 Billion | +7.45% |
| 2005-12-31 | $24.11 Billion | +8.96% |
| 2004-12-31 | $22.13 Billion | +7.72% |
| 2003-12-31 | $20.54 Billion | +3.15% |
| 2002-12-31 | $19.92 Billion | -0.87% |
| 2001-12-31 | $20.09 Billion | -21.36% |
| 2000-12-31 | $25.55 Billion | -- |