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Bankruptcy Probability

TC Energy Corp's probability of bankruptcy is 16.5%, signalling a meaningful chance of default. The solvency score is 21/100 — a sign of moderate financial strength.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Very High
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
-49%
5Y
-45%
10Y
-26%
Long-Term Investments
+
3Y
+58%
5Y
+157%
10Y
+198%
Debt
+
3Y
-6%
5Y
+27%
10Y
+24%

Solvency Ratios

Solvency Ratios Comparison
TC Energy Corp Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
CA
TC Energy Corp
TSX:TRP
95.9B CAD
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CA
Enbridge Inc
TSX:ENB
152.8B CAD
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US
Williams Companies Inc
NYSE:WMB
86.9B USD
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US
Kinder Morgan Inc
NYSE:KMI
71.3B USD
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US
Enterprise Products Partners L.P
NYSE:EPD
80.7B USD
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US
Energy Transfer LP
NYSE:ET
66.9B USD
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US
Targa Resources Corp
NYSE:TRGP
63.5B USD
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US
Cheniere Energy Inc
NYSE:LNG
63.5B USD
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US
MPLX LP
NYSE:MPLX
57.3B USD
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US
ONEOK Inc
NYSE:OKE
56B USD
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US
Cheniere Energy Partners LP
NYSE:CQP
29.7B USD
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Is TC Energy Corp at risk of bankruptcy?

TC Energy Corp's probability of bankruptcy is 16.5%, signalling a meaningful chance of default.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does TC Energy Corp have?

As of the latest report, TC Energy Corp has total debt of 59.8B CAD. This includes both short-term (2.8B CAD) and long-term (57.1B CAD) debt.

You can find a full breakdown on its Balance Sheet.

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