TransAlta Renewables Financials

TransAlta Renewables Stock Summary

TransAlta Renewables competes with Green Impact, Algonquin Power, Renew Energy, Excelerate Energy, and Fluence Energy. TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation. Transalta Renewables is traded on OTC Exchange in the United States.

TransAlta Renewables Key Financial Ratios

There are many critical financial ratios that TransAlta Renewables' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that TransAlta Renewables reports annually and quarterly.

TransAlta Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining TransAlta Renewables's current stock value. Our valuation model uses many indicators to compare TransAlta Renewables value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TransAlta Renewables competition to find correlations between indicators driving TransAlta Renewables's intrinsic value. More Info.TransAlta Renewables is rated fourth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.48  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for TransAlta Renewables is roughly  2.08 . 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 Renewables' earnings, one of the primary drivers of an investment's value.

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If you are still planning to invest in TransAlta Renewables check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TransAlta Renewables' history and understand the potential risks before investing.