Transcanada Pipelines annual current ratio
2011
2012
2013
2014
2015
2016
2017
Transcanada Pipelines Current Ratio Growth & History (TCPA)
Transcanada Pipelines's current ratio was 0.37 for fiscal 2017.
View full Transcanada Pipelines company overviewTranscanada Pipelines annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2017 | 2017-12-31 | 0.37 | −0.43 | −53.38% |
| 2016 | 2016-12-31 | 0.80 | −0.03 | −3.26% |
| 2015 | 2015-12-31 | 0.83 | 0.12 | +16.81% |
| 2014 | 2014-12-31 | 0.71 | −0.15 | −17.89% |
| 2013 | 2013-12-31 | 0.87 | 0.13 | +17.65% |
| 2012 | 2012-12-31 | 0.74 | 0.04 | +5.38% |
| 2011 | 2011-12-31 | 0.70 | — | — |
Transcanada Pipelines quarterly current ratio
Q4.11
Q4.12
Q4.13
Q4.14
Q4.15
Q4.16
Q4.17
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2017 | 2017-12-31 | 0.37 | −0.43 | −53.38% |
| Q4 2016 | 2016-12-31 | 0.80 | −0.03 | −3.26% |
| Q4 2015 | 2015-12-31 | 0.83 | 0.12 | +16.81% |
| Q4 2014 | 2014-12-31 | 0.71 | −0.15 | −17.89% |
| Q4 2013 | 2013-12-31 | 0.87 | 0.13 | +17.65% |
| Q4 2012 | 2012-12-31 | 0.74 | 0.04 | +5.38% |
| Q4 2011 | 2011-12-31 | 0.70 | — | — |
Transcanada Pipelines current ratio trends
Over the last five fiscal years, Transcanada Pipelines's current ratio decreased from 0.74 to 0.37, a change of −0.36. The latest reported quarter, Q4 2017, shows 0.37.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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