Transcanada Pipelines Debt-to-Assets Ratio Growth & History (TCPA)

Transcanada Pipelines's debt-to-assets ratio was 0.40 for fiscal 2017.

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Transcanada Pipelines annual debt-to-assets ratio history

Transcanada Pipelines annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20172017-12-310.40−0.05−11.53%
20162016-12-310.46−0.01−2.98%
20152015-12-310.470.07+16.74%
20142014-12-310.40−0.00−0.17%
20132013-12-310.40−0.03−5.98%
20122012-12-310.430.00+0.59%
20112011-12-310.43

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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