TC Energy (TSE:TRP) has released an update.
TC Energy Corporation has reported an earnings coverage ratio of 2.1 times on its long-term debt and current liabilities for the twelve-month period ending June 30, 2024. This ratio, based on unaudited financials prepared according to US accounting standards, indicates that the corporation’s earnings before interest and taxes are more than double its interest obligations, which totaled approximately $3.628 billion.
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