TC Energy Corporation (TRP)

TC Energy Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,797	3,678	620	673	1,530	1,343
Trading Asset Securities	1,242	1,266	608	159	188	180
Cash & Short-Term Investments	5,039	4,944	1,228	832	1,718	1,523
Cash Growth	53.82%	302.61%	47.60%	-51.57%	12.80%	30.62%
Accounts Receivable	3,736	4,666	4,070	3,294	2,294	2,575
Other Receivables	67	233	496	640	-	-
Receivables	3,803	4,899	4,566	5,151	2,294	2,575
Inventory	1,053	982	936	724	629	452
Prepaid Expenses	-	92	118	112	126	60
Restricted Cash	6,191	120	106	273	142	52
Other Current Assets	1,007	335	378	331	292	2,989
Total Current Assets	17,093	11,372	7,332	7,423	5,201	7,651
Property, Plant & Equipment	84,180	80,569	75,940	70,182	69,775	65,489
Long-Term Investments	11,068	10,430	9,612	8,457	6,696	6,508
Goodwill	12,828	12,532	12,843	12,582	12,679	12,887
Long-Term Accounts Receivable	2,877	2,720	2,250	249	192	102
Long-Term Deferred Tax Assets	-	1,332	1,070	509	177	37
Long-Term Deferred Charges	-	-	-	-	-	1,715
Other Long-Term Assets	7,246	6,079	5,301	4,578	4,242	3,456
Total Assets	135,292	125,034	114,348	104,218	100,300	99,279
Accounts Payable	5,137	5,292	4,665	4,464	3,406	3,314
Accrued Expenses	868	932	705	652	595	613
Short-Term Debt	422	-	6,262	5,166	4,176	4,300
Current Portion of Long-Term Debt	4,408	2,956	1,924	1,330	1,993	2,708
Current Portion of Leases	-	58	54	49	56	56
Current Unearned Revenue	55	69	599	90	129	61
Other Current Liabilities	2,193	2,510	2,698	1,290	1,632	1,847
Total Current Liabilities	13,083	11,817	16,907	13,041	11,987	12,899
Long-Term Debt	67,575	60,292	50,190	46,288	43,460	42,957
Long-Term Leases	-	401	379	380	427	476
Long-Term Unearned Revenue	10	12	32	184	203	226
Long-Term Deferred Tax Liabilities	7,870	8,125	7,648	6,142	5,806	5,703
Other Long-Term Liabilities	6,277	5,282	4,965	4,613	4,441	4,081
Total Liabilities	94,815	86,026	80,232	70,822	66,827	66,882
Common Stock	30,025	30,002	28,995	26,716	24,488	24,387
Additional Paid-In Capital	-	-	722	729	2	-
Retained Earnings	-2,378	-2,997	819	3,773	5,367	3,955
Comprehensive Income & Other	310	49	955	-1,434	-2,439	-1,559
Total Common Equity	27,957	27,054	31,491	29,784	27,418	26,783
Minority Interest	10,021	9,455	126	125	2,075	1,634
Shareholders' Equity	40,477	39,008	34,116	33,396	33,473	32,397
Total Liabilities & Equity	135,292	125,034	114,348	104,218	100,300	99,279
Total Debt	72,405	63,707	58,809	53,213	50,112	50,497
Net Cash (Debt)	-67,366	-58,763	-57,581	-52,381	-48,394	-48,974
Net Cash Per Share	-64.93	-57.05	-57.81	-53.78	-51.48	-52.60
Filing Date Shares Outstanding	1,000	1,037	1,000	981	940	939
Total Common Shares Outstanding	1,038	1,037	1,018	981	940	938.4
Working Capital	4,010	-445	-9,575	-5,618	-6,786	-5,248
Book Value Per Share	26.93	26.08	30.93	30.36	29.17	28.54
Tangible Book Value	15,129	14,522	18,648	17,202	14,739	13,896
Tangible Book Value Per Share	14.58	14.00	18.32	17.54	15.68	14.81
Machinery	-	1,096	1,064	1,020	1,025	1,035
Construction In Progress	-	7,746	6,314	6,948	8,890	7,732

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