TNCAF OTC
Credit Risk of going bust: lower than 78% of companies Debt: 40.9% of company value Bonds: none of note held by US funds details ▾
Total debt $45.41B against a stock market value of $65.52B.
Distance to default 9.18 (Merton model): prices to 2026-10-27, balance sheet 2026-06-30, debt counted $24.85B (short-term plus half of long-term), stock volatility 19.5%; Altman Z'' 0.37. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.
Calgary, AB T2P 5H1
CA
TC Energy Corporation operates as a prominent energy infrastructure company across North America. Established in Calgary, Canada, in 1951 and previously known as TransCanada Corporation until its renaming in May 2019, the company's operations are segmented into Canadian, U.S., and Mexico Natural Gas Pipelines, Liquids Pipelines, and Power and Storage. It constructs and manages an extensive 93,300 km network of natural gas pipelines, transporting gas from its origins to diverse clients such as local distribution companies, power generation plants, industrial facilities, connecting pipelines, and liquefied natural gas (LNG) export terminals. The firm also oversees regulated natural gas storage facilities with a total operational capacity of 535 billion cubic feet. Furthermore, its liquids pipeline system, approximately 4,900 km long, connects Alberta crude oil supplies to major refining hubs in Illinois, Oklahoma, Texas, and along the U.S. Gulf Coast. TC Energy holds ownership or stakes in seven power generation sites, collectively generating about 4,300 megawatts through natural gas and nuclear fuel, situated in Alberta, Ontario, Québec, and New Brunswick. In Alberta, it additionally manages roughly 118 billion cubic feet of non-regulated natural gas storage capacity.