Balance Sheet Breakdown: TC Energy Corporation (TRP)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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After finishing at $51.06 in the prior trading day, TC Energy Corporation (NYSE: TRP) closed at $49.03, down -3.98%. In other words, the price has decreased by -$3.98 from its previous closing price. On the day, 2.77 million shares were traded.

Ratios:

Our goal is to gain a better understanding of TRP by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.30. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 2.24 whereas as Long-Term Debt/Eq ratio is at 2.09.

Valuation Measures:

As of this moment, TC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.17, and their Forward P/E ratio for the next fiscal year is 17.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.58 while its Price-to-Book (P/B) ratio in mrq is 2.91.

Stock Price History:

Over the past 52 weeks, TRP has reached a high of $51.34, while it has fallen to a 52-week low of $33.78. The 50-Day Moving Average of the stock is 2.36%, while the 200-Day Moving Average is calculated to be 7.34%.

Shares Statistics:

A total of 1.04B shares are outstanding, with a floating share count of 1.04B. Insiders hold about 0.12% of the company’s shares, while institutions hold 72.73% stake in the company.

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