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| 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 |