Transalta Renewables Stock Debt To Equity
TransAlta Renewables fundamentals help investors to digest information that contributes to TransAlta Renewables' financial success or failures. It also enables traders to predict the movement of TransAlta Pink Sheet. The fundamental analysis module provides a way to measure TransAlta Renewables' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TransAlta Renewables pink sheet.
TransAlta |
TransAlta Renewables Company Debt To Equity Analysis
TransAlta Renewables' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current TransAlta Renewables Debt To Equity | 0.49 % |
Most of TransAlta Renewables' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TransAlta Renewables is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
CompetitionAccording to the company disclosure, TransAlta Renewables has a Debt To Equity of 0.492%. This is 99.48% lower than that of the Independent Power and Renewable Electricity Producers sector and significantly higher than that of the Utilities industry. The debt to equity for all United States stocks is 98.99% higher than that of the company.
TransAlta Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TransAlta Renewables' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of TransAlta Renewables could also be used in its relative valuation, which is a method of valuing TransAlta Renewables by comparing valuation metrics of similar companies.TransAlta Renewables is currently under evaluation in debt to equity category among its peers.
TransAlta Fundamentals
Return On Equity | 0.0374 | |||
Return On Asset | 0.018 | |||
Profit Margin | 0.14 % | |||
Operating Margin | 0.19 % | |||
Current Valuation | 3.29 B | |||
Shares Outstanding | 266.9 M | |||
Shares Owned By Insiders | 60.12 % | |||
Shares Owned By Institutions | 9.87 % | |||
Price To Earning | 37.41 X | |||
Price To Book | 2.14 X | |||
Price To Sales | 4.28 X | |||
Revenue | 470 M | |||
Gross Profit | 244 M | |||
EBITDA | 342 M | |||
Net Income | 140 M | |||
Cash And Equivalents | 218 M | |||
Cash Per Share | 0.82 X | |||
Total Debt | 529 M | |||
Debt To Equity | 0.49 % | |||
Current Ratio | 0.96 X | |||
Book Value Per Share | 6.63 X | |||
Cash Flow From Operations | 336 M | |||
Earnings Per Share | 0.22 X | |||
Number Of Employees | 17 | |||
Beta | 0.76 | |||
Market Capitalization | 2.41 B | |||
Total Asset | 3.75 B | |||
Z Score | 2.4 | |||
Annual Yield | 0.08 % | |||
Five Year Return | 6.17 % | |||
Net Asset | 3.75 B | |||
Last Dividend Paid | 0.94 |
Currently Active Assets on Macroaxis
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in TransAlta Pink Sheet
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.
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