TC Energy Corp (TRP) - Total Assets
Based on the latest financial reports, TC Energy Corp (TRP) holds total assets worth CA$118.75 Billion CAD (≈ $85.90 Billion USD) as of December 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 (2000–2025)
This chart illustrates how TC Energy Corp's total assets have evolved over time, based on quarterly financial data. For live market cap, price, and company overview, see how much is TC Energy Corp worth.
TC Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
TC Energy Corp's total assets of CA$118.75 Billion consist of 5.3% current assets and 94.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$168.00 Million | 0.2% |
| Accounts Receivable | CA$3.01 Billion | 2.5% |
| Inventory | CA$782.00 Million | 0.7% |
| Property, Plant & Equipment | CA$71.05 Billion | 59.8% |
| Intangible Assets | CA$81.00 Million | 0.1% |
| Goodwill | CA$13.02 Billion | 11.0% |
Asset Composition Trend (2000–2025)
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. Explore how efficiently does TC Energy Corp generate cash to assess how effectively this company generates cash.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TC Energy Corp's current assets represent 5.3% of total assets in 2025, a decrease from 21.1% in 2000.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2025, up from 0.0% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 59.8% 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 |
|---|---|---|
|
FLEX LNG Ltd
F:0QQA
|
Germany | €2.68 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
|
KNOT Offshore Partners LP
NYSE:KNOP
|
USA | $1.72 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.26 Trillion |
|
Toro Ltd
NASDAQ:TORO
|
USA | $388.13 Million |
|
BP Prudhoe Bay Royalty Trust
NYSE:BPT
|
USA | $3.12 Million |
|
SunocoCorp LLC
NYSE:SUNC
|
USA | $28.36 Billion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
TC Energy Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.63 | 0.55 | 0.81 |
| Quick Ratio | 0.56 | 0.47 | 0.73 |
| Cash Ratio | 0.02 | 0.08 | 0.00 |
| Working Capital | CA$-3.64 Billion | CA$-4.78 Billion | CA$-1.71 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 | 3.63 |
| Latest Market Cap to Assets Ratio | 0.54 |
| Asset Growth Rate (YoY) | 0.4% |
| Total Assets | CA$118.75 Billion |
| Market Capitalization | $63.90 Billion USD |
Valuation Analysis
Below Book Valuation: The market values TC Energy Corp's assets below their book value (0.54x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: TC Energy Corp's assets grew by 0.4% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for TC Energy Corp (2000–2025)
The table below shows the annual total assets of TC Energy Corp from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$118.75 Billion ≈ $85.90 Billion |
+0.43% |
| 2024-12-31 | CA$118.24 Billion ≈ $85.54 Billion |
-5.43% |
| 2023-12-31 | CA$125.03 Billion ≈ $90.45 Billion |
+9.35% |
| 2022-12-31 | CA$114.35 Billion ≈ $82.72 Billion |
+9.72% |
| 2021-12-31 | CA$104.22 Billion ≈ $75.39 Billion |
+3.91% |
| 2020-12-31 | CA$100.30 Billion ≈ $72.56 Billion |
+1.03% |
| 2019-12-31 | CA$99.28 Billion ≈ $71.82 Billion |
+0.36% |
| 2018-12-31 | CA$98.92 Billion ≈ $71.56 Billion |
+14.89% |
| 2017-12-31 | CA$86.10 Billion ≈ $62.28 Billion |
-2.21% |
| 2016-12-31 | CA$88.05 Billion ≈ $63.69 Billion |
+36.55% |
| 2015-12-31 | CA$64.48 Billion ≈ $46.65 Billion |
+9.39% |
| 2014-12-31 | CA$58.95 Billion ≈ $42.64 Billion |
+9.37% |
| 2013-12-31 | CA$53.90 Billion ≈ $38.99 Billion |
+11.51% |
| 2012-12-31 | CA$48.33 Billion ≈ $34.96 Billion |
+2.10% |
| 2011-12-31 | CA$47.34 Billion ≈ $34.24 Billion |
+1.61% |
| 2010-12-31 | CA$46.59 Billion ≈ $33.70 Billion |
+6.27% |
| 2009-12-31 | CA$43.84 Billion ≈ $31.71 Billion |
+11.23% |
| 2008-12-31 | CA$39.41 Billion ≈ $28.51 Billion |
+29.95% |
| 2007-12-31 | CA$30.33 Billion ≈ $21.94 Billion |
+17.07% |
| 2006-12-31 | CA$25.91 Billion ≈ $18.74 Billion |
+7.45% |
| 2005-12-31 | CA$24.11 Billion ≈ $17.44 Billion |
+7.55% |
| 2004-12-31 | CA$22.42 Billion ≈ $16.22 Billion |
+8.31% |
| 2003-12-31 | CA$20.70 Billion ≈ $14.97 Billion |
+3.94% |
| 2002-12-31 | CA$19.92 Billion ≈ $14.41 Billion |
-0.19% |
| 2001-12-31 | CA$19.95 Billion ≈ $14.43 Billion |
-21.90% |
| 2000-12-31 | CA$25.55 Billion ≈ $18.48 Billion |
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About TC Energy Corp
TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. 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 94,171 kilometers of natural gas pipelines, which transports natural gas from supply bas… Read more