Return On Asset ratio Analysis of TC Energy Corp - Deep Dive
Latest FY ROA
Period Ending - Dec-23
Not Good ROA
2.34
Period Ending - Dec-22
Poor ROA
0.654
Growth
257.26 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Not Good ROA
2.30
Most recent Quarter ROA
Period Ending - Mar-24
Not Good ROA
0.958
ROA Analysis of TC Energy Corp
ROA Ratio of TRP rose handsomely by 257.26 % this year. |
ROA Ratio with value of 4.60 was highest in Year Dec-20 in last Five Years. |
ROA Ratio with value of 0.654 was lowest in Year Dec-22 in last Five Years. |
Latest ROA Ratio with value of 2.34 is lower than Average ROA of 2.73 in last five years. |
Other ROA 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 Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..ROA Related Ratios
ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
No Significant Profitability |
FY - Historical Return On Asset of TC Energy Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
ROA | 2.34 | 0.654 | 1.88 | 4.60 | 4.17 | 3.74 | 3.67 |
Change | 257.26 % | -65.13 % | -59.24 % | 10.36 % | 11.43 % | 2.07 % | 1285.62 % |
FY Chart of Return On Asset of TC Energy Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)