Quick Ratio Analysis of TC Energy Corp - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Not Good Quick Ratio
0.853
Period Ending - Dec-22
Poor Quick Ratio
0.361
Growth
136.32 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.849
Quick Ratio Analysis of TC Energy Corp
| Quick Ratio of TC Energy Corp with value of 0.849 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of TRP rose handsomely by 136.32 % this year. |
| Quick Ratio with value of 0.853 was highest in Year Dec-23 in last Five Years. |
| Quick Ratio with value of 0.361 was lowest in Year Dec-22 in last Five Years. |
| Latest Quick Ratio with value of 0.853 is Greater than Average Quick Ratio of 0.534 in last five years. |
Other Quick Ratio Related Info of TRP that may interest you.
TC Energy Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TRP | 38.56 | 37.88 | 1.80 % | Oil & Gas Midstream |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Very Low Stability Stock | |
FY - Historical Quick Ratio of TC Energy Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.853 | 0.361 | 0.514 | 0.381 | 0.558 | 0.363 | 0.436 |
| Change | 136.32 % | -29.71 % | 34.68 % | -31.66 % | 53.60 % | -16.58 % | -56.65 % |
FY Chart of Quick Ratio of TC Energy Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)