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

Tc Energy (TRPRF) posted Asset Writedowns and Impairment of $15.4 million for Q3 2024, up 623.94% on a QoQ basis from -$2.9 million in Q4 2023, and down 98.34% year-on-year from $927.9 million in Q4 2023.

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

Tc Energy has disclosed Asset Writedowns and Impairment across 6 years of filings, most recently posting $15.4 million for Q3 2024.

  • Asset Writedowns and Impairment for Q3 2024 came in at $15.4 million, down 98.34% year-over-year; the trailing twelve-month figure through Dec 2024 was $940.4 million (up 226.74% YoY), and the FY2024 annual result was $15.3 million, up 617.37% from the prior year.
  • Asset Writedowns and Impairment came in at $15.4 million for Q3 2024 at Tc Energy, up from -$2.9 million in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for TRPRF reached as high as $2.2 billion in Q1 2021 and fell as low as -$627.6 million in Q2 2023.
  • Median Asset Writedowns and Impairment over the past 5 years was -$2.9 million (2023), compared with a mean of $252.1 million.
  • Year-over-year, Asset Writedowns and Impairment surged 2697.94% in 2021 and slumped 102.13% in 2023.
  • Over 5 years, Asset Writedowns and Impairment stood at -$86.5 million in 2020, then grew by 27.56% 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 TRPRF 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 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