Tc Pipelines Lp Stock Cash And Equivalents
TC PipeLines LP fundamentals help investors to digest information that contributes to TC PipeLines' financial success or failures. It also enables traders to predict the movement of TCP Stock. The fundamental analysis module provides a way to measure TC PipeLines' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TC PipeLines stock.
TCP |
TC PipeLines LP Company Cash And Equivalents Analysis
TC PipeLines' Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current TC PipeLines Cash And Equivalents | 200 M |
Most of TC PipeLines' fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TC PipeLines LP is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, TC PipeLines LP has 200 M in Cash And Equivalents. This is 92.97% lower than that of the Energy sector and 34.01% higher than that of the Oil & Gas Midstream industry. The cash and equivalents for all United States stocks is 92.6% higher than that of the company.
TCP Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TC PipeLines' direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TC PipeLines could also be used in its relative valuation, which is a method of valuing TC PipeLines by comparing valuation metrics of similar companies.TC PipeLines is currently under evaluation in cash and equivalents category among related companies.
TCP Fundamentals
| Return On Equity | 37.79 | |||
| Return On Asset | 7.92 | |||
| Profit Margin | 48.86 % | |||
| Operating Margin | 82.43 % | |||
| Current Valuation | 4.24 B | |||
| Shares Outstanding | 71.31 M | |||
| Shares Owned By Insiders | 23.96 % | |||
| Shares Owned By Institutions | 69.42 % | |||
| Number Of Shares Shorted | 1.02 M | |||
| Price To Earning | 7.47 X | |||
| Price To Book | 2.89 X | |||
| Price To Sales | 3.75 X | |||
| Revenue | 569 M | |||
| Gross Profit | 505 M | |||
| EBITDA | 469 M | |||
| Net Income | 278 M | |||
| Cash And Equivalents | 200 M | |||
| Cash Per Share | 2.81 X | |||
| Total Debt | 2.19 B | |||
| Debt To Equity | 2.63 % | |||
| Current Ratio | 0.53 X | |||
| Book Value Per Share | 10.08 X | |||
| Cash Flow From Operations | 413 M | |||
| Short Ratio | 2.57 X | |||
| Earnings Per Share | 3.90 X | |||
| Price To Earnings To Growth | (2.83) X | |||
| Number Of Employees | 13 | |||
| Beta | 0.92 | |||
| Market Capitalization | 2.13 B | |||
| Total Asset | 3.13 B | |||
| Working Capital | 22 M | |||
| Current Asset | 81 M | |||
| Current Liabilities | 59 M | |||
| Five Year Return | 7.95 % | |||
| Last Dividend Paid | 2.6 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TC PipeLines in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TC PipeLines' short interest history, or implied volatility extrapolated from TC PipeLines options trading.
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the TC PipeLines LP information on this page should be used as a complementary analysis to other TC PipeLines' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in TCP Stock
If you are still planning to invest in TC PipeLines LP check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TC PipeLines' history and understand the potential risks before investing.
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