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

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 rose 101.66% year-over-year to $15.4 million; the TTM figure through Dec 2024 stood at -$915.5 million (down 211.72% YoY), while the FY2024 annual figure was $15.3 million, up 617.37% from the prior year.
• Asset Writedowns and Impairment was $15.4 million for Q3 2024 at Tc Energy, up from -$2.9 million in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $2.2 billion in Q1 2021 to a low of -$927.9 million in Q3 2023.
• Historically, Asset Writedowns and Impairment has averaged $199.2 million across 5 years, with a median of $7.3 million in 2021.
• The sharpest annual moves came in 2021 and 2023: Asset Writedowns and Impairment jumped 2697.94% in 2021, then slumped 97.87% in 2023.
• A 5-year view of Asset Writedowns and Impairment shows it stood at -$86.5 million in 2020, then grew by 27.56% to -$62.7 million in 2021, then slumped 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.
• The last three Asset Writedowns and Impairment figures came in at $15.4 million (Q3 2024), -$2.9 million (Q4 2023), and -$927.9 million (Q3 2023), per Business Quant data.