Tc Energy (TRP) Asset Writedowns and Impairment (2016 - 2024)
Tc Energy's (TRP) quarterly Asset Writedowns and Impairment came in at $15.4 million in Q3 2024, down 98.34% year-on-year from $927.9 million in Q4 2023, and up 623.94% quarter-over-quarter from -$2.9 million in Q4 2023.
Tc Energy (TRP) Asset Writedowns and Impairment (2016 - 2024) Analysis & Trends
Tc Energy's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at $15.4 million for Q3 2024.
- On a quarterly basis, Asset Writedowns and Impairment fell 98.34% year-over-year to $15.4 million in Q3 2024; TTM through Dec 2024 was $940.4 million, a 39.8% decrease from a year earlier, with the FY2025 full-year figure at $20.8 million, up 35.32% from the prior year.
- Asset Writedowns and Impairment climbed to $15.4 million in Q3 2024 per TRP's latest filing, from -$2.9 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $2.2 billion in Q1 2021 and bottomed at -$86.9 million in Q4 2022.
- The 5-year median for Asset Writedowns and Impairment is $15.4 million (2024), against an average of $383.7 million.
- Across the five-year window, Asset Writedowns and Impairment surged 2497.94% in 2021 and plunged 98.34% in 2024, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $86.5 million in 2020, then slumped by 172.44% 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 TRP Asset Writedowns and Impairment figures stand at $15.4 million (Q3 2024), -$2.9 million (Q4 2023), and $927.9 million (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | DHT Holdings | 2,941.98 Bn | 2,941.86 Bn | 167.16 Mn |
| 2 | Flex LNG | 1,637.38 Bn | 1,636.99 Bn | 61.79 Mn |
| 3 | Enbridge | 122.24 Bn | 120.91 Bn | 6.70 Bn |
| 4 | Kinder Morgan | 113.36 Bn | 113.24 Bn | 3.07 Bn |
| 5 | Enterprise Products Partners | 82.90 Bn | 81.71 Bn | - |
| 6 | Tc Energy | 72.06 Bn | 66.37 Bn | 1.36 Bn |
| 7 | Energy Transfer | 69.55 Bn | 68.57 Bn | 6.62 Bn |
| 8 | Mplx | 59.71 Bn | 58.21 Bn | 1.95 Bn |
| 9 | Targa Resources | 58.99 Bn | 58.89 Bn | 1.70 Bn |
| 10 | Oneok | 57.55 Bn | 57.38 Bn | 8.98 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 15.39 Mn |
| Sep 30, 2024 | 15.39 Mn |
| Dec 31, 2023 | -2.94 Mn |
| Dec 31, 2023 | -2.94 Mn |
| Sep 30, 2023 | 927.94 Mn |
| Sep 30, 2023 | 927.94 Mn |
| Jun 30, 2023 | 627.57 Mn |
| Jun 30, 2023 | 627.57 Mn |
| Mar 31, 2023 | 9.62 Mn |
| Mar 31, 2023 | 9.62 Mn |
| Dec 31, 2022 | -86.93 Mn |
| Dec 31, 2022 | -86.93 Mn |
| Mar 31, 2022 | 450.79 Mn |
| Mar 31, 2022 | 450.79 Mn |
| Dec 31, 2021 | -62.67 Mn |
| Dec 31, 2021 | -62.67 Mn |
| Jun 30, 2021 | 7.32 Mn |
| Jun 30, 2021 | 7.32 Mn |
| Mar 31, 2021 | 2.25 Bn |
| Mar 31, 2021 | 2.25 Bn |