Tc Energy (TRP) Asset Utilization Ratio (2011 - 2020)
Tc Energy's (TRP) quarterly Asset Utilization Ratio came in at 0.07 in Q4 2020, down 0.83% year-on-year from 0.07 in Q1 2020, and down 1.23% quarter-over-quarter from 0.07 in Q3 2020.
Tc Energy (TRP) Asset Utilization Ratio (2011 - 2020) Analysis & Trends
Tc Energy's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.07 for Q4 2020.
- On a quarterly basis, Asset Utilization Ratio fell 0.83% year-over-year to 0.07 in Q4 2020; TTM through Dec 2020 was 0.07, a 0.83% decrease from a year earlier, with the FY2025 full-year figure at 0.06, up 15.4% from the prior year.
- Asset Utilization Ratio fell to 0.07 in Q4 2020 per TRP's latest filing, from 0.07 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.16 in Q1 2016 and bottomed at 0.07 in Q1 2020.
- The 3-year median for Asset Utilization Ratio is 0.07 (2019), against an average of 0.08.
- Biggest YoY gain for Asset Utilization Ratio was 0.83% in 2020; the steepest drop was 9.11% in 2020.
- Year by year, Asset Utilization Ratio stood at 0.16 in 2016, then plunged by 55.43% to 0.07 in 2019, then fell by 0.83% to 0.07 in 2020.
- Per Business Quant, the three latest TRP Asset Utilization Ratio figures stand at 0.07 (Q4 2020), 0.07 (Q3 2020), and 0.07 (Q2 2020).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,970.16 Bn | 2,970.04 Bn | 167.16 Mn | 0.33 |
| 2 | Flex LNG | 1,659.01 Bn | 1,658.62 Bn | 61.79 Mn | 0.13 |
| 3 | Enbridge | 124.02 Bn | 122.70 Bn | 5.10 Bn | 0.25 |
| 4 | Kinder Morgan | 112.83 Bn | 112.65 Bn | 3.08 Bn | 0.24 |
| 5 | Enterprise Products Partners | 83.80 Bn | 82.61 Bn | - | 0.65 |
| 6 | Tc Energy | 73.34 Bn | 67.65 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.48 Bn | 69.51 Bn | 6.62 Bn | 0.49 |
| 8 | Targa Resources | 60.56 Bn | 60.46 Bn | 1.70 Bn | 0.63 |
| 9 | Mplx | 59.64 Bn | 58.13 Bn | 1.95 Bn | 0.28 |
| 10 | Oneok | 58.81 Bn | 58.63 Bn | 8.98 Bn | 0.52 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 0.07 |
| Sep 30, 2020 | 0.07 |
| Jun 30, 2020 | 0.07 |
| Mar 31, 2020 | 0.07 |
| Dec 31, 2019 | 0.07 |
| Sep 30, 2019 | 0.08 |
| Mar 31, 2016 | 0.16 |
| Dec 31, 2011 | 0.17 |
| Sep 30, 2011 | 0.19 |