TransAlta Corp Financials

TAC Stock  USD 10.79  0.04  0.37%   
Based on the analysis of TransAlta Corp's profitability, liquidity, and operating efficiency, TransAlta Corp is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At present, TransAlta Corp's Total Stockholder Equity is projected to decrease significantly based on the last few years of reporting. The current year's Property Plant And Equipment Net is expected to grow to about 6.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 246.7 M. Key indicators impacting TransAlta Corp's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio2.782.648
Sufficiently Up
Slightly volatile
Current Ratio0.750.907
Significantly Down
Slightly volatile
The essential information of the day-to-day investment outlook for TransAlta Corp includes many different criteria found on its balance sheet. An individual investor should monitor TransAlta Corp's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in TransAlta Corp.

Cash And Equivalents

1.37 Billion

  
Understanding current and past TransAlta Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of TransAlta Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in TransAlta Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of TransAlta Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TransAlta Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of TransAlta Corp's management manipulating its earnings.

TransAlta Corp Stock Summary

TransAlta Corp competes with Pampa Energia, Vistra Energy, NRG Energy, Power Assets, and Kenon Holdings. TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. The company was founded in 1909 and is headquartered in Calgary, Canada. Transalta Corp operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. It employs 1282 people.
Specialization
Utilities, Utilities - Independent Power Producers
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINCA89346D1078
CUSIP89346D107
LocationAlberta; Canada
Business AddressTransAlta Place, Calgary,
SectorIndependent Power and Renewable Electricity Producers
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.transalta.com
Phone403 267 7110
CurrencyUSD - US Dollar

TransAlta Corp Key Financial Ratios

TransAlta Corp Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets9.5B9.7B9.2B10.7B8.7B9.5B
Other Current Liab190M230M379M1.6B423M318.0M
Net Debt2.8B2.7B2.3B2.5B3.8B3.5B
Retained Earnings(1.5B)(1.8B)(2.5B)(2.5B)(2.6B)(2.4B)
Cash411M703M947M1.1B417M234.8M
Net Receivables651M420M583M1.3B619M668.5M
Inventory251M238M167M157M180.6M122.8M
Other Current Assets259M378M432M1.1B456M263.9M
Total Liab5.4B6.3B6.6B8.8B7.0B6.1B
Total Current Assets1.3B1.9B2.2B3.7B1.6B1.4B
Short Term Debt513M105M844M194M535M367.7M
Other Liab1.3B1.4B1.5B1.7B1.9B2.0B
Net Tangible Assets1.2B634M(79M)(548M)(630.2M)(598.7M)
Other Assets1.0B1.0B790M210M241.5M229.4M
Long Term Debt2.9B3.1B3.1B3.3B3.5B3.1B
Short Long Term Debt494M97M837M186M529M380.0M
Intangible Assets318M313M256M252M223M308.0M
Common Stock3.0B2.9B2.9B2.9B3.3B2.5B

TransAlta Corp Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense212M229M247M261M290M197.5M
Total Revenue2.3B2.1B2.7B3.0B3.4B2.8B
Gross Profit1.3B1.1B1.5B1.6B1.5B1.2B
Operating Income255M(16M)445M531M1.1B1.1B
Ebit255M(46M)(199M)516M1.1B1.1B
Ebitda964M782M552M1.2B1.7B1.0B
Net Income176M(253M)(425M)161M695M729.8M
Income Tax Expense17M(50M)45M192M84M88.2M
Cost Of Revenue1.1B968M1.2B1.3B1.8B1.2B
Income Before Tax193M(303M)(380M)353M880M924M
Minority Interest1.1B1.1B(112M)(111M)(101M)(96.0M)
Tax Provision17M(50M)45M192M84M59.8M
Interest Income140M17M143M43M71M95.1M
Net Interest Income(150M)(201M)(188M)(243M)(210M)(220.5M)

TransAlta Corp Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(21M)(13M)6M42M(2M)(1.9M)
Change In Cash322M292M244M187M(786M)(746.7M)
Free Cash Flow418M202M512M(72M)576M604.8M
Other Non Cash Items(136M)(3M)22M306M(10M)(9.5M)
Capital Expenditures431M500M489M949M888M481.8M
Net Income176M(253M)(425M)161M695M729.8M
End Period Cash Flow411M703M947M1.1B348M232.0M
Depreciation709M798M719M599M621M569.4M
Investments(512M)(687M)128M(741M)(991M)(941.5M)
Net Borrowings280M533M(41M)351M403.7M423.8M
Change To Netincome(86M)72M613M495M569.3M597.7M

TransAlta Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TransAlta Corp's current stock value. Our valuation model uses many indicators to compare TransAlta Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TransAlta Corp competition to find correlations between indicators driving TransAlta Corp's intrinsic value. More Info.
TransAlta Corp is rated fifth in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.42  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TransAlta Corp is roughly  2.37 . At present, TransAlta Corp's Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TransAlta Corp's earnings, one of the primary drivers of an investment's value.

TransAlta Corp Systematic Risk

TransAlta Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TransAlta Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on TransAlta Corp correlated with the market. If Beta is less than 0 TransAlta Corp generally moves in the opposite direction as compared to the market. If TransAlta Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TransAlta Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TransAlta Corp is generally in the same direction as the market. If Beta > 1 TransAlta Corp moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in TransAlta Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various TransAlta Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of TransAlta Corp growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0141

At present, TransAlta Corp's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

TransAlta Corp November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of TransAlta Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TransAlta Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of TransAlta Corp based on widely used predictive technical indicators. In general, we focus on analyzing TransAlta Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TransAlta Corp's daily price indicators and compare them against related drivers.

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When running TransAlta Corp's price analysis, check to measure TransAlta Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransAlta Corp is operating at the current time. Most of TransAlta Corp's value examination focuses on studying past and present price action to predict the probability of TransAlta Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAlta Corp's price. Additionally, you may evaluate how the addition of TransAlta Corp to your portfolios can decrease your overall portfolio volatility.
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