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TC Energy (TSX:TRP) Long-Term Capital Lease Obligation : C$0 Mil (As of Mar. 2025)


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What is TC Energy Long-Term Capital Lease Obligation?

TC Energy's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0 Mil.

TC Energy's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (C$0 Mil) to Dec. 2024 (C$451 Mil) but then declined from Dec. 2024 (C$451 Mil) to Mar. 2025 (C$0 Mil).

TC Energy's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (C$379 Mil) to Dec. 2023 (C$400 Mil) and increased from Dec. 2023 (C$400 Mil) to Dec. 2024 (C$451 Mil).


TC Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for TC Energy's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TC Energy Long-Term Capital Lease Obligation Chart

TC Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.00 380.00 379.00 400.00 451.00

TC Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 451.00 -

TC Energy  (TSX:TRP) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

TC Energy Long-Term Capital Lease Obligation Related Terms

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TC Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TC Energy Corp (TSX:TRP) » Definitions » Long-Term Capital Lease Obligation
Address
1 Street S.W, Suite 450, Calgary, AB, CAN, T2P 5H1
TC Energy operates natural gas, oil, and power generation assets in Canada and the United States. The firm operates more than 60,000 miles of oil and gas pipelines, more than 650 billion cubic feet of natural gas storage, and about 4,300 megawatts of electric power.
Executives
Alexis A.j. Hudy Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Sorana Linder Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Patrick C. Muttart Senior Officer
Tina Faraca Senior Officer
Robert Black Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jessica A. Kirstine Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Jawad Masud Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Gillian J. Eiriksson Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Dawn Elizabeth De Lima Senior Officer
Joshua Gibbon Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Patrick M. Keys Senior Officer
Gavin E. Wylie Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Rachid Medarhri Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Colin Lindley Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Trevor Ebl Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)