Tc Energy (TRPPF) Asset Utilization Ratio (2011 - 2020)
Tc Energy (TRPPF) recorded quarterly Asset Utilization Ratio of 0.13 in Q4 2020, down 5.78% quarter-over-quarter from 0.14 in Q4 2019, and down 5.78% on a YoY basis from 0.14 in Q1 2020.
Tc Energy (TRPPF) Asset Utilization Ratio (2011 - 2020) Analysis & Trends
Tc Energy's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.13 for Q4 2020.
- In Q4 2020, Asset Utilization Ratio fell 5.78% year-over-year to 0.13; the TTM figure through Dec 2020 stood at 0.13 (down 5.78% YoY), while the FY2025 annual figure was 0.13, up 13.4% from the prior year.
- Asset Utilization Ratio was 0.13 for Q4 2020 at Tc Energy, down from 0.14 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.24 in Q1 2016 to a low of 0.13 in Q4 2020.
- Historically, Asset Utilization Ratio has averaged 0.16 across 3 years, with a median of 0.14 in 2019.
- Biggest YoY gain for Asset Utilization Ratio was 5.78% in 2020; the steepest drop was 5.78% in 2020.
- A 3-year view of Asset Utilization Ratio shows it stood at 0.24 in 2016, then tumbled by 41.05% to 0.14 in 2019, then decreased by 5.78% to 0.13 in 2020.
- The last three Asset Utilization Ratio figures came in at 0.13 (Q4 2020), 0.14 (Q4 2019), and 0.14 (Q3 2019), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 86.76 Bn | 87.46 Bn | 6.70 Bn | 0.31 |
| 2 | Enterprise Products Partners | 79.20 Bn | 78.05 Bn | - | 0.65 |
| 3 | Kinder Morgan | 70.13 Bn | 71.21 Bn | 3.08 Bn | 0.24 |
| 4 | Energy Transfer | 64.49 Bn | 63.78 Bn | 6.62 Bn | 0.49 |
| 5 | Scorpio Tankers | 62.13 Bn | 61.15 Bn | - | - |
| 6 | Mplx | 57.44 Bn | 55.93 Bn | 2.54 Bn | 0.21 |
| 7 | Targa Resources | 55.59 Bn | 55.62 Bn | 1.70 Bn | 0.63 |
| 8 | Oneok | 53.63 Bn | 53.50 Bn | 2.57 Bn | 0.52 |
| 9 | Tc Energy | 50.49 Bn | 51.68 Bn | 2.95 Bn | - |
| 10 | Tc Energy | - | - | 2.95 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2020 | 0.13 |
| Dec 31, 2019 | 0.14 |
| Sep 30, 2019 | 0.14 |
| Mar 31, 2016 | 0.24 |
| Dec 31, 2011 | 0.19 |
| Sep 30, 2011 | 0.19 |