Transcanada Pipelines annual debt-to-equity ratio
2011
2012
2013
2014
2015
2016
2017
Transcanada Pipelines Debt-to-Equity Ratio Growth & History (TCPA)
Transcanada Pipelines's debt-to-equity ratio was 1.55 for fiscal 2017.
View full Transcanada Pipelines company overviewTranscanada Pipelines annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2017 | 2017-12-31 | 1.55 | −0.29 | −15.82% |
| 2016 | 2016-12-31 | 1.84 | 0.15 | +8.74% |
| 2015 | 2015-12-31 | 1.69 | 0.52 | +44.26% |
| 2014 | 2014-12-31 | 1.17 | 0.03 | +2.76% |
| 2013 | 2013-12-31 | 1.14 | −0.02 | −1.34% |
| 2012 | 2012-12-31 | 1.16 | 0.01 | +1.15% |
| 2011 | 2011-12-31 | 1.14 | — | — |
Transcanada Pipelines quarterly debt-to-equity ratio
Q4.11
Q4.12
Q4.13
Q4.14
Q4.15
Q4.16
Q4.17
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2017 | 2017-12-31 | 1.55 | −0.29 | −15.82% |
| Q4 2016 | 2016-12-31 | 1.84 | 0.15 | +8.74% |
| Q4 2015 | 2015-12-31 | 1.69 | 0.52 | +44.26% |
| Q4 2014 | 2014-12-31 | 1.17 | 0.03 | +2.76% |
| Q4 2013 | 2013-12-31 | 1.14 | −0.02 | −1.34% |
| Q4 2012 | 2012-12-31 | 1.16 | 0.01 | +1.15% |
| Q4 2011 | 2011-12-31 | 1.14 | — | — |
Transcanada Pipelines debt-to-equity ratio trends
Over the last five fiscal years, Transcanada Pipelines's debt-to-equity ratio increased from 1.16 to 1.55, a change of 0.39. The latest reported quarter, Q4 2017, shows 1.55.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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