Transcanada Pipelines Debt-to-Assets Ratio Growth & History (TCPA)
Transcanada Pipelines's debt-to-assets ratio was 0.40 for fiscal 2017.
View full Transcanada Pipelines company overviewTranscanada Pipelines annual debt-to-assets ratio history
2011
2012
2013
2014
2015
2016
2017
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2017 | 2017-12-31 | 0.40 | −0.05 | −11.53% |
| 2016 | 2016-12-31 | 0.46 | −0.01 | −2.98% |
| 2015 | 2015-12-31 | 0.47 | 0.07 | +16.74% |
| 2014 | 2014-12-31 | 0.40 | −0.00 | −0.17% |
| 2013 | 2013-12-31 | 0.40 | −0.03 | −5.98% |
| 2012 | 2012-12-31 | 0.43 | 0.00 | +0.59% |
| 2011 | 2011-12-31 | 0.43 | — | — |
Transcanada Pipelines quarterly debt-to-assets ratio
Q4.11
Q4.12
Q4.13
Q4.14
Q4.15
Q4.16
Q4.17
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2017 | 2017-12-31 | 0.40 | −0.05 | −11.53% |
| Q4 2016 | 2016-12-31 | 0.46 | −0.01 | −2.98% |
| Q4 2015 | 2015-12-31 | 0.47 | 0.07 | +16.74% |
| Q4 2014 | 2014-12-31 | 0.40 | −0.00 | −0.17% |
| Q4 2013 | 2013-12-31 | 0.40 | −0.03 | −5.98% |
| Q4 2012 | 2012-12-31 | 0.43 | 0.00 | +0.59% |
| Q4 2011 | 2011-12-31 | 0.43 | — | — |
Transcanada Pipelines debt-to-assets ratio trends
Over the last five fiscal years, Transcanada Pipelines's debt-to-assets ratio decreased from 0.43 to 0.40, a change of −0.03. The latest reported quarter, Q4 2017, shows 0.40.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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