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

Tc Energy (TRPRF) recorded quarterly Asset Writedowns and Impairment of $15.4 million in Q3 2024, up 623.94% quarter-over-quarter from -$2.9 million in Q4 2023, and up 101.66% on a YoY basis from $7.6 million in Q4 2023.

Tc Energy (TRPRF) 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 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn -
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn
10 Tc Energy - - 2.95 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