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

Tc Energy (TCANF) recorded quarterly Asset Utilization Ratio of 0.13 in Q4 2020, down 5.78% quarter-over-quarter from 0.14 in Q4 2019, and down 5.78% on a YoY basis from 0.14 in Q1 2020.

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

Tc Energy's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.13 for Q4 2020.

  • In Q4 2020, Asset Utilization Ratio fell 5.78% year-over-year to 0.13; the TTM figure through Dec 2020 stood at 0.13 (down 5.78% YoY), while the FY2025 annual figure was 0.13, up 13.4% from the prior year.
  • Asset Utilization Ratio was 0.13 for Q4 2020 at Tc Energy, down from 0.14 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.24 in Q1 2016 to a low of 0.13 in Q4 2020.
  • Historically, Asset Utilization Ratio has averaged 0.16 across 3 years, with a median of 0.14 in 2019.
  • Biggest YoY gain for Asset Utilization Ratio was 5.78% in 2020; the steepest drop was 5.78% in 2020.
  • A 3-year view of Asset Utilization Ratio shows it stood at 0.24 in 2016, then tumbled by 41.05% to 0.14 in 2019, then decreased by 5.78% to 0.13 in 2020.
  • The last three Asset Utilization Ratio figures came in at 0.13 (Q4 2020), 0.14 (Q4 2019), and 0.14 (Q3 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.31
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.65
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.24
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.49
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.21
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.63
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.52
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Tc Energy - - 2.95 Bn -

Historic Data

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