Tc Energy (TCANF) Asset Utilization Ratio (2011 - 2020)

Tc Energy (TCANF) posted quarterly Asset Utilization Ratio of 0.13 for Q4 2020, down 2.68% year-over-year from 0.13 in Q1 2020, and down 2.68% on a QoQ basis from 0.13 in Q4 2019.

Tc Energy (TCANF) Asset Utilization Ratio (2011 - 2020) Analysis & Trends

Tc Energy (TCANF) has reported Asset Utilization Ratio for 4 consecutive years, with 0.13 the latest figure, recorded in Q4 2020.

  • In Q4 2020, Asset Utilization Ratio fell 2.68% year-over-year to 0.13; the TTM figure through Dec 2020 stood at 0.13 (down 2.68% YoY), while the FY2025 annual figure was 0.13, up 13.3% from the prior year.
  • Asset Utilization Ratio came in at 0.13 for Q4 2020 at Tc Energy, down from 0.13 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.24 in Q1 2016, with the low at 0.13 in Q4 2020.
  • Average Asset Utilization Ratio over 3 years is 0.16, with a median of 0.13 recorded in 2019.
  • The largest YoY upside for Asset Utilization Ratio was 2.68% in 2020 against a maximum downside of 2.68% in 2020.
  • Year by year, Asset Utilization Ratio stood at 0.24 in 2016, then sank by 43.89% to 0.13 in 2019, then dropped by 2.68% to 0.13 in 2020.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.13, 0.13, and 0.14 for Q4 2020, Q4 2019, and Q3 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Imperial Petroleum 209.86 Bn 209.78 Bn 50.64 Mn 0.33
2 Kinder Morgan 112.10 Bn 113.18 Bn 3.08 Bn 0.24
3 Enterprise Products Partners 79.05 Bn 77.90 Bn - 0.65
4 Energy Transfer 65.51 Bn 64.79 Bn 6.62 Bn 0.49
5 Mplx 56.73 Bn 55.22 Bn 2.54 Bn 0.21
6 Targa Resources 55.40 Bn 55.43 Bn 1.70 Bn 0.63
7 Oneok 54.08 Bn 53.95 Bn 2.57 Bn 0.52
8 Cheniere Energy 51.35 Bn 53.55 Bn 5.86 Bn 0.43
9 Cheniere Energy Partners 29.53 Bn 29.25 Bn 838.00 Mn 0.66
10 Tc Energy - - 2.95 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2020 0.13
Dec 31, 2019 0.13
Sep 30, 2019 0.14
Mar 31, 2016 0.24
Dec 31, 2011 0.19
Sep 30, 2011 0.19