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
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