TC PipeLines, LP logo
TC PipeLines, LP TCP

TC PipeLines, LP Balance Sheet 2020-2011 | TCP

Annual Balance Sheet TC PipeLines, LP

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

642 M 1.92 B 2.08 B 2.37 B 1.82 B 1.86 B 1.67 B 1.55 B 1.01 B 713 M

Long Term Debt

250 M 1.88 B 2.07 B 2.35 B 1.86 B 1.89 B 1.45 B 1.58 B 1.01 B 739 M

Total Non Current Liabilities

250 M 2.03 B 2.22 B 2.5 B 2.02 B 1.92 B 1.71 B 2.04 B 2.15 B 740 M

Total Current Liabilities

302 M 170 M 90 M 100 M 102 M 59 M 291 M 55 M 52 M 9 M

Total Liabilities

474 M 2.2 B 2.31 B 2.6 B 2.13 B 1.98 B 2 B 2.09 B 2.2 B 749 M

Total Assets

1.06 B 2.85 B 2.9 B 3.56 B 3.35 B 3.13 B 3.35 B 3.44 B 3.5 B 2.08 B

All numbers in USD currency

Balance Sheet is a fundamental financial report of TC PipeLines, LP, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Oil gas midstream

Issuer Price % 24h Market Cap Country
Brooge Energy Limited Brooge Energy Limited
BROG
- 13.04 % $ 478 M britainBritain
Cheniere Energy Partners, L.P. Cheniere Energy Partners, L.P.
CQP
$ 69.05 2.6 % $ 33.4 B usaUSA
Dynagas LNG Partners LP Dynagas LNG Partners LP
DLNG
$ 3.86 1.58 % $ 141 M greeceGreece
GasLog Ltd. GasLog Ltd.
GLOG
- -0.17 % $ 552 M monacoMonaco
Genesis Energy, L.P. Genesis Energy, L.P.
GEL
$ 15.82 0.7 % $ 1.94 B usaUSA
Global Partners LP Global Partners LP
GLP
$ 50.83 2.01 % $ 1.73 B usaUSA
Noble Midstream Partners LP Noble Midstream Partners LP
NBLX
- - $ 1.37 B usaUSA
BP Midstream Partners LP BP Midstream Partners LP
BPMP
- - $ 1.79 B usaUSA
Altus Midstream Company Altus Midstream Company
ALTM
- -0.79 % $ 1.07 B usaUSA
Blueknight Energy Partners, L.P. Blueknight Energy Partners, L.P.
BKEP
- - $ 195 M usaUSA
Diamond S Shipping Inc. Diamond S Shipping Inc.
DSSI
- 2.00 % $ 394 M usaUSA
Enable Midstream Partners, LP Enable Midstream Partners, LP
ENBL
- 1.44 % $ 3.07 B usaUSA
NavSight Holdings, Inc. NavSight Holdings, Inc.
NSH
- 7.58 % $ 285 M usaUSA
Oasis Midstream Partners LP Oasis Midstream Partners LP
OMP
- 2.48 % $ 1.08 B usaUSA
Phillips 66 Partners LP Phillips 66 Partners LP
PSXP
- -2.33 % $ 7.93 B usaUSA
DCP Midstream, LP DCP Midstream, LP
DCP
- -0.02 % $ 8.7 B usaUSA
Teekay LNG Partners L.P. Teekay LNG Partners L.P.
TGP
- -0.12 % $ 1.47 B bermudaBermuda
Kinder Morgan Kinder Morgan
KMI
$ 32.82 2.31 % $ 73 B usaUSA
EnLink Midstream, LLC EnLink Midstream, LLC
ENLC
- - $ 6.52 B usaUSA
Equitrans Midstream Corporation Equitrans Midstream Corporation
ETRN
- - $ 5.39 B usaUSA
Euronav NV Euronav NV
EURN
- - $ 3.69 B belgiumBelgium
GasLog Partners LP GasLog Partners LP
GLOP
- 61.31 % $ 441 M greeceGreece
Green Plains Partners LP Green Plains Partners LP
GPP
- - $ 286 M usaUSA
Holly Energy Partners, L.P. Holly Energy Partners, L.P.
HEP
- - $ 2.59 B usaUSA
Höegh LNG Partners LP Höegh LNG Partners LP
HMLP
- 0.05 % $ 308 M bermudaBermuda
Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P.
MMP
- - $ 13.9 B usaUSA
Martin Midstream Partners L.P. Martin Midstream Partners L.P.
MMLP
$ 2.4 4.8 % $ 93.9 M usaUSA
Summit Midstream Partners, LP Summit Midstream Partners, LP
SMLP
- - $ 167 M usaUSA
Crestwood Equity Partners LP Crestwood Equity Partners LP
CEQP
- - $ 2.97 B usaUSA
PBF Logistics LP PBF Logistics LP
PBFX
- -1.19 % $ 1.35 B usaUSA
NuStar Energy L.P. NuStar Energy L.P.
NS
- - $ 2.78 B usaUSA
Cheniere Energy Cheniere Energy
LNG
- -0.73 % $ 40.2 B usaUSA
MPLX LP MPLX LP
MPLX
$ 59.48 1.04 % $ 60.3 B usaUSA
Shell Midstream Partners, L.P. Shell Midstream Partners, L.P.
SHLX
- - $ 6.22 B usaUSA
Evolve Transition Infrastructure LP Evolve Transition Infrastructure LP
SNMP
- -0.75 % $ 11.2 M usaUSA
Overseas Shipholding Group Overseas Shipholding Group
OSG
- - $ 666 M usaUSA
Plains GP Holdings, L.P. Plains GP Holdings, L.P.
PAGP
$ 25.84 1.37 % $ 5.11 B usaUSA
Rattler Midstream LP Rattler Midstream LP
RTLR
- 2.95 % $ 545 M usaUSA
Navigator Holdings Ltd. Navigator Holdings Ltd.
NVGS
$ 21.0 1.35 % $ 1.41 B britainBritain
Tsakos Energy Navigation Limited Tsakos Energy Navigation Limited
TNP
- -0.54 % $ 864 M greeceGreece
U.S. Well Services U.S. Well Services
USWS
- -0.45 % $ 91 M usaUSA
Antero Midstream Corporation Antero Midstream Corporation
AM
$ 22.55 2.13 % $ 10.8 B usaUSA
ONEOK ONEOK
OKE
$ 94.99 2.51 % $ 59.3 B usaUSA
Star Group, L.P. Star Group, L.P.
SGU
$ 12.64 0.64 % $ 433 M usaUSA
Enbridge Enbridge
ENB
$ 50.91 0.63 % $ 111 B canadaCanada
Teekay Corporation Teekay Corporation
TK
$ 12.47 3.23 % $ 1.07 B bermudaBermuda
Delek Logistics Partners, LP Delek Logistics Partners, LP
DKL
$ 54.01 2.9 % $ 2.87 B usaUSA
Energy Transfer LP Energy Transfer LP
ET
$ 21.05 1.4 % $ 72.5 B usaUSA
Bristow Group Bristow Group
VTOL
$ 46.53 0.49 % $ 1.34 B usaUSA