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

Tc Energy has disclosed Asset Writedowns and Impairment across 6 years of filings, most recently posting $15.4 million for Q3 2024.

• Asset Writedowns and Impairment for Q3 2024 came in at $15.4 million, down 98.34% year-over-year; the trailing twelve-month figure through Dec 2024 was $940.4 million (up 226.74% YoY), and the FY2024 annual result was $15.3 million, up 617.37% from the prior year.
• Asset Writedowns and Impairment came in at $15.4 million for Q3 2024 at Tc Energy, up from -$2.9 million in the prior quarter.
• Over the last five years, Asset Writedowns and Impairment for TNCAF reached as high as $2.2 billion in Q1 2021 and fell as low as -$627.6 million in Q2 2023.
• Median Asset Writedowns and Impairment over the past 5 years was -$2.9 million (2023), compared with a mean of $252.1 million.
• Year-over-year, Asset Writedowns and Impairment surged 2697.94% in 2021 and slumped 102.13% in 2023.
• Over 5 years, Asset Writedowns and Impairment stood at -$86.5 million in 2020, then grew by 27.56% to -$62.7 million in 2021, then plunged by 38.7% to -$86.9 million in 2022, then soared by 96.62% to -$2.9 million in 2023, then soared by 623.94% to $15.4 million in 2024.
• Per Business Quant, the three latest TNCAF Asset Writedowns and Impairment figures stand at $15.4 million (Q3 2024), -$2.9 million (Q4 2023), and $927.9 million (Q3 2023).