TRP Return On Equity from 2010 to 2024
TRP Stock | USD 35.91 0.18 0.50% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.09887321 | Current Value 0.11 | Quarterly Volatility 0.05749468 |
Check TC Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TRP main balance sheet or income statement drivers, such as Total Revenue of 9.8 B, Gross Profit of 5.9 B or Operating Income of 3.9 B, as well as many exotic indicators such as Price To Sales Ratio of 3.72, Dividend Yield of 0.0338 or PTB Ratio of 2.04. TRP financial statements analysis is a perfect complement when working with TC Energy Valuation or Volatility modules.
TRP | Return On Equity |
Latest TC Energy's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of TC Energy Corp over the last few years. Return on Equity is the amount of TC Energy Corp net income returned as a percentage of TC Energy equity. Return on equity measures TC Energy profitability by revealing how much profit TC Energy Corp generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. TC Energy's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TC Energy's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 0.0839 | 10 Years Trend |
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Return On Equity |
Timeline |
TRP Return On Equity Regression Statistics
Arithmetic Mean | 0.08 | |
Coefficient Of Variation | 69.13 | |
Mean Deviation | 0.04 | |
Median | 0.1 | |
Standard Deviation | 0.06 | |
Sample Variance | 0 | |
Range | 0.2167 | |
R-Value | 0.06 | |
Mean Square Error | 0 | |
R-Squared | 0 | |
Significance | 0.84 | |
Slope | 0.0008 | |
Total Sum of Squares | 0.05 |
TRP Return On Equity History
About TC Energy Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include TC Energy income statement, its balance sheet, and the statement of cash flows. TC Energy investors use historical funamental indicators, such as TC Energy's Return On Equity, to determine how well the company is positioned to perform in the future. Although TC Energy investors may use each financial statement separately, they are all related. The changes in TC Energy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TC Energy's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on TC Energy Financial Statements. Understanding these patterns can help to make the right decision on long term investment in TC Energy. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Return On Equity | 0.1 | 0.11 |
Currently Active Assets on Macroaxis
When determining whether TC Energy Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if TRP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tc Energy Corp Stock. Highlighted below are key reports to facilitate an investment decision about Tc Energy Corp Stock:Check out the analysis of TC Energy Correlation against competitors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.
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Is TC Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TC Energy. If investors know TRP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TC Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Dividend Share 3.72 | Earnings Share 2.01 | Revenue Per Share 15.47 | Quarterly Revenue Growth 0.672 |
The market value of TC Energy Corp is measured differently than its book value, which is the value of TRP that is recorded on the company's balance sheet. Investors also form their own opinion of TC Energy's value that differs from its market value or its book value, called intrinsic value, which is TC Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TC Energy's market value can be influenced by many factors that don't directly affect TC Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TC Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if TC Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TC Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.