Tc Energy TNCAF
NYSE TNCAF
$15.70 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Tc Energy (TNCAF) Asset Writedowns and Impairment (2016 - 2024)

Tc Energy (TNCAF) posted Asset Writedowns and Impairment of -$15.0 million for Q4 2024, down 197.65% on a QoQ basis from $15.4 million in Q3 2024, and down 411.64% year-over-year from $4.8 million in Q1 2024.

Analysis

Tc Energy (TNCAF) Asset Writedowns and Impairment (2016 - 2024) Analysis & Trends

Tc Energy has reported Asset Writedowns and Impairment for 6 years, with the latest figure at -$15.0 million in Q4 2024.

  • On a quarterly basis, Asset Writedowns and Impairment fell 411.64% year-over-year to -$15.0 million in Q4 2024; TTM through Dec 2024 was $925.4 million, a 40.77% decrease from a year earlier, with the FY2023 full-year figure at $1.6 billion, down 33.61% from the prior year.
  • Asset Writedowns and Impairment was -$15.0 million for Q4 2024 at Tc Energy, down from $15.4 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $2.2 billion in Q1 2021, with the low at -$86.9 million in Q4 2022.
  • Average Asset Writedowns and Impairment over 5 years is $350.5 million, with a median of $12.5 million recorded in 2023.
  • The sharpest annual moves came in 2021 and 2024: Asset Writedowns and Impairment jumped 2497.94% in 2021, then slumped 411.64% in 2024.
  • Over 5 years, Asset Writedowns and Impairment stood at $86.5 million in 2020, then tumbled by 172.44% to -$62.7 million in 2021, then sank by 38.7% to -$86.9 million in 2022, then jumped by 96.62% to -$2.9 million in 2023, then tumbled by 411.64% to -$15.0 million in 2024.
  • The last three Asset Writedowns and Impairment figures came in at -$15.0 million (Q4 2024), $15.4 million (Q3 2024), and -$2.9 million (Q4 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.43 Bn 112.31 Bn 3.07 Bn
2 Enterprise Products Partners 85.02 Bn 84.11 Bn -
3 Energy Transfer 74.51 Bn 73.47 Bn 7.40 Bn
4 Targa Resources 62.54 Bn 62.41 Bn 2.14 Bn
5 Mplx 60.94 Bn 59.91 Bn 2.73 Bn
6 Oneok 60.43 Bn 60.27 Bn 2.81 Bn
7 Enbridge 55.26 Bn 55.75 Bn 5.23 Bn
8 Gas Transporter Of The South 22.53 Bn -3,018.52 Bn -
9 Plains All American Pipeline 18.19 Bn 17.13 Bn 1.14 Bn
10 Tc Energy 16.13 Bn 15.60 Bn 1.80 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2024 -15.03 Mn
Sep 30, 2024 15.39 Mn
Dec 31, 2023 -2.94 Mn
Sep 30, 2023 927.94 Mn
Jun 30, 2023 627.57 Mn
Mar 31, 2023 9.62 Mn
Dec 31, 2022 -86.93 Mn
Mar 31, 2022 450.79 Mn
Dec 31, 2021 -62.67 Mn
Jun 30, 2021 7.32 Mn
Mar 31, 2021 2.25 Bn
Mar 31, 2020 86.52 Mn
Dec 31, 2016 68.97 Mn
Sep 30, 2016 832.32 Mn
Mar 31, 2016 153.72 Mn