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| Date | Value |
|---|---|
| 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 |