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| 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 |