TC Energy Corporation cash flow to debt ratio of 12.05% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

TC Energy Corporation's free cash flow has increased 53.96% from $1.34G last year to $2.06G, signaling increasing performance

TC Energy Corporation's debt to equity ratio is 2.25, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy

TC Energy Corporation's debt has increased relative to shareholder equity from 2.17 last year to 2.25 today, signaling weakened financials

TC Energy Corporation has a net debt to EBITDA ratio of 5.23x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk

TC Energy Corporation's interest coverage ratio of 2.23 indicates that earnings with margin can cover interest payments on company debt

TC Energy Corporation's profit margin has decreased (-36.00%) in the last year from 34.12% to 21.83%, signaling decreasing performance

TC Energy Corporation's short-term liabilities of $9.95G exceed its short-term assets of $6.31G, signaling financial risk

TC Energy Corporation's return on assets of 2.85% is lower than the 5.00% threshold, indicating inefficient asset utilization

TC Energy Corporation's return on equity of 12.53%, is lower than 15.00%, indicating bad performance

TC Energy Corporation's operating cash flow exceeds its net income, indicating high-quality earnings backed by actual cash generation

TC Energy Corporation had positive net income in 5.00 out of 5 years, indicating stable and consistent earnings

TC Energy Corporation has positive free cash flow, indicating the company generates cash after capital expenditures

TC Energy Corporation has a free cash flow yield of 2.84%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

TC Energy Corporation's yearly earnings has decreased -25.16% since last year from $4.70G to $3.52G, signaling decreasing performance

TC Energy Corporation's yearly revenue has increased 10.29% since last year from $13.77G to $15.19G, signaling increasing performance

ROIC 5.04% (Source: FMP key-metrics). In the 5–10% partial-credit band. Score: 1 of 2. This band sits within the typical US weighted-average cost of capital range. Methodology choice can change the conclusion: under FMP's invested-capital definition the company is at or near its cost of capital; under narrower operating-capital definitions the same company may score higher. Invested capital here includes equity, non-current liabilities, and short-term debt. Cash is not subtracted. See methodology.

TC Energy Corporation's 3-year revenue CAGR of 7.26% is positive, indicating growing revenue over the past 3 years

TC Energy Corporation had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance

TC Energy Corporation had positive ROE in 5.00 out of 5 years, indicating consistent and reliable returns on equity

TC Energy Corporation has insufficient data to evaluate this check.

TC Energy Corporation has an earnings yield of 4.74%, which is above the 4.00% threshold, indicating the stock offers reasonable value relative to its earnings

TC Energy Corporation is overvalued relative to its fair value price of 5.48 based on EBITDA multiple model

TC Energy Corporation has an EV/EBITDA ratio of 14.33x, which is below the 20.00x threshold, indicating reasonable valuation relative to its operating earnings

TC Energy Corporation is undervalued relative to its fair value price of 81.84 based on Earnings Fair Value model

TC Energy Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

TC Energy Corporation has a price-to-book ratio of 3.74x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

TC Energy Corporation has a price-to-sales ratio of 6.53x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue