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

Tc Energy (TCEYF) posted Asset Utilization Ratio of 0.13 for Q4 2020, down 5.78% on a QoQ basis from 0.14 in Q4 2019, and down 5.78% year-on-year from 0.14 in Q1 2020.

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

Tc Energy has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.13 for Q4 2020.

  • Asset Utilization Ratio for Q4 2020 came in at 0.13, down 5.78% year-over-year; the trailing twelve-month figure through Dec 2020 was 0.13 (down 5.78% YoY), and the FY2025 annual result 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 0.14 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for TCEYF reached as high as 0.24 in Q1 2016 and fell as low as 0.13 in Q4 2020.
  • Median Asset Utilization Ratio over the past 3 years was 0.14 (2019), compared with a mean of 0.16.
  • On a YoY basis, Asset Utilization Ratio climbed as much as 5.78% in 2020 and fell as far as 5.78% in 2020.
  • Over 3 years, Asset Utilization Ratio stood at 0.24 in 2016, then sank by 41.05% to 0.14 in 2019, then decreased by 5.78% to 0.13 in 2020.
  • Per Business Quant, the three latest TCEYF Asset Utilization Ratio figures stand at 0.13 (Q4 2020), 0.14 (Q4 2019), and 0.14 (Q3 2019).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.31
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.24
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.65
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.49
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.63
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.21
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.52
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.66
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.28
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