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

Tc Energy (TRP) posted quarterly Asset Writedowns and Impairment of $15.4 million for Q3 2024, down 98.34% year-over-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.

  • In Q3 2024, Asset Writedowns and Impairment fell 98.34% year-over-year to $15.4 million; the TTM figure through Dec 2024 stood at $940.4 million (down 39.8% YoY), while the FY2025 annual figure was $20.8 million, up 35.32% from the prior year.
  • Asset Writedowns and Impairment for Q3 2024 stood at $15.4 million, up from -$2.9 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.
  • The 5-year median for Asset Writedowns and Impairment is $15.4 million (2024), against an average of $383.7 million.
  • The sharpest annual moves came in 2021 and 2024: Asset Writedowns and Impairment surged 2497.94% in 2021, then tumbled 98.34% in 2024.
  • Tc Energy's 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 surged by 96.62% to -$2.9 million in 2023, then surged by 623.94% to $15.4 million in 2024.
  • Business Quant data shows TRP's Asset Writedowns and Impairment at $15.4 million in Q3 2024, -$2.9 million in Q4 2023, and $927.9 million in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 111.18 Bn 109.68 Bn 5.23 Bn
3 Enterprise Products Partners 82.75 Bn 81.84 Bn -
4 Energy Transfer 72.57 Bn 71.54 Bn 7.40 Bn
5 Tc Energy 65.98 Bn 58.42 Bn 1.24 Bn
6 Mplx 60.32 Bn 59.29 Bn 2.73 Bn
7 Oneok 59.71 Bn 59.55 Bn 2.81 Bn
8 Targa Resources 58.95 Bn 58.81 Bn 2.14 Bn
9 Cheniere Energy 55.41 Bn 54.15 Bn 5.29 Bn
10 Venture Global 33.73 Bn 30.51 Bn 2.92 Bn

Historic Data

Download Data
DateValue
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