TC Energy Corporation (TSX:TRP)

TC Energy Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	801	3,678	620	673	1,530
Trading Asset Securities	329	570	608	159	188
Cash & Short-Term Investments	1,130	4,248	1,228	832	1,718
Cash Growth	-73.40%	245.93%	47.60%	-51.57%	12.80%
Accounts Receivable	3,109	2,884	4,070	3,294	2,294
Other Receivables	-	-	496	640	-
Receivables	3,109	2,884	4,566	5,151	2,294
Inventory	747	771	936	724	629
Prepaid Expenses	86	87	118	112	126
Restricted Cash	128	28	106	273	142
Other Current Assets	533	3,354	378	331	292
Total Current Assets	5,733	11,372	7,332	7,423	5,201
Property, Plant & Equipment	77,501	69,451	75,940	70,182	69,775
Long-Term Investments	10,749	9,356	9,612	8,457	6,696
Goodwill	13,670	12,532	12,843	12,582	12,679
Long-Term Accounts Receivable	3,085	2,720	2,250	249	192
Long-Term Deferred Tax Assets	428	1,319	1,070	509	177
Other Long-Term Assets	7,077	18,284	5,301	4,578	4,242
Total Assets	118,243	125,034	114,348	104,218	100,300
Accounts Payable	3,699	3,092	4,665	4,464	3,406
Accrued Expenses	828	913	705	652	595
Short-Term Debt	387	-	6,262	5,166	4,176
Current Portion of Long-Term Debt	2,976	2,956	1,924	1,330	1,993
Current Portion of Leases	60	57	54	49	56
Current Income Taxes Payable	143	76	-	-	-
Current Unearned Revenue	30	47	599	90	129
Other Current Liabilities	2,388	4,676	2,698	1,290	1,632
Total Current Liabilities	10,511	11,817	16,907	13,041	11,987
Long-Term Debt	56,142	60,292	50,190	46,288	43,460
Long-Term Leases	451	400	379	380	427
Long-Term Unearned Revenue	-	-	32	184	203
Long-Term Deferred Tax Liabilities	6,884	6,972	7,648	6,142	5,806
Other Long-Term Liabilities	5,801	6,448	4,965	4,613	4,441
Total Liabilities	79,883	86,026	80,232	70,822	66,827
Common Stock	30,101	30,002	28,995	26,716	24,488
Additional Paid-In Capital	-	-	722	729	2
Retained Earnings	-5,241	-2,997	819	3,773	5,367
Comprehensive Income & Other	233	49	955	-1,434	-2,439
Total Common Equity	25,093	27,054	31,491	29,784	27,418
Minority Interest	10,768	9,455	126	125	2,075
Shareholders' Equity	38,360	39,008	34,116	33,396	33,473
Total Liabilities & Equity	118,243	125,034	114,348	104,218	100,300
Total Debt	60,016	63,705	58,809	53,213	50,112
Net Cash (Debt)	-58,886	-59,457	-57,581	-52,381	-48,394
Net Cash Per Share	-56.73	-57.73	-57.81	-53.78	-51.48
Filing Date Shares Outstanding	1,000	1,037	1,000	981	940
Total Common Shares Outstanding	1,039	1,037	1,018	981	940
Working Capital	-4,778	-445	-9,575	-5,618	-6,786
Book Value Per Share	24.15	26.08	30.93	30.36	29.17
Tangible Book Value	11,423	14,522	18,648	17,202	14,739
Tangible Book Value Per Share	10.99	14.00	18.32	17.54	15.68
Machinery	-	-	1,064	1,020	1,025
Construction In Progress	10,998	7,692	6,314	6,948	8,890

Source: S&P Capital IQ. Standard template. Financial Sources.