TransAlta Price Cash Flow Ratio vs Cash Per Share Analysis
TAC Stock | USD 11.26 0.21 1.90% |
TransAlta Corp financial indicator trend analysis is much more than just breaking down TransAlta Corp prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether TransAlta Corp is a good investment. Please check the relationship between TransAlta Corp Price Cash Flow Ratio and its Cash Per Share accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAlta Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.
Price Cash Flow Ratio vs Cash Per Share
Price Cash Flow Ratio vs Cash Per Share Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TransAlta Corp Price Cash Flow Ratio account and Cash Per Share. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between TransAlta Corp's Price Cash Flow Ratio and Cash Per Share is -0.18. Overlapping area represents the amount of variation of Price Cash Flow Ratio that can explain the historical movement of Cash Per Share in the same time period over historical financial statements of TransAlta Corp, assuming nothing else is changed. The correlation between historical values of TransAlta Corp's Price Cash Flow Ratio and Cash Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Price Cash Flow Ratio of TransAlta Corp are associated (or correlated) with its Cash Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash Per Share has no effect on the direction of Price Cash Flow Ratio i.e., TransAlta Corp's Price Cash Flow Ratio and Cash Per Share go up and down completely randomly.
Correlation Coefficient | -0.18 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Price Cash Flow Ratio
Cash Per Share
Most indicators from TransAlta Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into TransAlta Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAlta Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.At present, TransAlta Corp's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.5B | 1.6B | 2.2B | 1.2B | Total Revenue | 2.7B | 3.0B | 3.4B | 2.8B |
TransAlta Corp fundamental ratios Correlations
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TransAlta Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
TransAlta Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 287M | 283M | 275M | 271M | 276M | 246.7M | |
Total Assets | 9.5B | 9.7B | 9.2B | 10.7B | 8.7B | 9.5B | |
Short Long Term Debt Total | 3.5B | 4.1B | 4.0B | 4.4B | 4.2B | 3.8B | |
Other Current Liab | 190M | 230M | 379M | 1.6B | 423M | 318.0M | |
Total Current Liabilities | 1.1B | 935M | 1.9B | 2.9B | 1.7B | 1.5B | |
Total Stockholder Equity | 3.0B | 2.4B | 1.6B | 1.1B | 1.5B | 2.7B | |
Property Plant And Equipment Net | 6.4B | 6.0B | 5.4B | 5.7B | 5.8B | 6.7B | |
Net Debt | 2.8B | 2.7B | 2.3B | 2.5B | 3.5B | 3.5B | |
Retained Earnings | (1.5B) | (1.8B) | (2.5B) | (2.5B) | (2.6B) | (2.4B) | |
Cash | 411M | 703M | 947M | 1.1B | 348M | 232.0M | |
Non Current Assets Total | 8.2B | 7.8B | 7.0B | 7.0B | 7.1B | 8.2B | |
Non Currrent Assets Other | 19M | 955M | 726M | 450M | 402M | 314.7M | |
Cash And Short Term Investments | 411M | 703M | 947M | 1.1B | 348M | 264.6M | |
Net Receivables | 651M | 420M | 583M | 1.3B | 619M | 668.5M | |
Liabilities And Stockholders Equity | 9.5B | 9.7B | 9.2B | 10.7B | 8.7B | 9.5B | |
Non Current Liabilities Total | 4.3B | 5.4B | 4.7B | 5.9B | 5.3B | 5.4B | |
Inventory | 251M | 238M | 167M | 157M | 180.6M | 122.8M | |
Other Current Assets | 259M | 378M | 432M | 1.1B | 456M | 263.9M | |
Other Stockholder Equity | 42M | 38M | 46M | 41M | 36.9M | 35.1M | |
Total Liab | 5.4B | 6.3B | 6.6B | 8.8B | 7.0B | 6.1B | |
Property Plant And Equipment Gross | 1.2B | 6.0B | 13.5B | 14.1B | 14.6B | 15.3B | |
Total Current Assets | 1.3B | 1.9B | 2.2B | 3.7B | 1.6B | 1.4B | |
Accumulated Other Comprehensive Income | 454M | 302M | 146M | (222M) | (164M) | (155.8M) | |
Short Term Debt | 513M | 105M | 844M | 194M | 535M | 367.7M | |
Other Liab | 1.3B | 1.4B | 1.5B | 1.7B | 1.9B | 2.0B | |
Net Tangible Assets | 1.2B | 634M | (79M) | (548M) | (630.2M) | (598.7M) | |
Other Assets | 1.0B | 1.0B | 790M | 210M | 241.5M | 229.4M | |
Long Term Debt | 2.9B | 3.1B | 3.1B | 3.3B | 3.5B | 3.1B | |
Short Term Investments | 95M | 69M | 272M | 709M | (69M) | (65.6M) | |
Deferred Long Term Liab | 28M | 25M | 29M | 10M | 11.5M | 22.2M | |
Short Long Term Debt | 494M | 97M | 837M | 186M | 529M | 380.0M | |
Intangible Assets | 318M | 313M | 256M | 252M | 223M | 308.0M | |
Common Stock | 3.0B | 2.9B | 2.9B | 2.9B | 3.3B | 2.5B | |
Property Plant Equipment | 6.4B | 6.0B | 5.4B | 1.6B | 1.8B | 1.7B |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether TransAlta Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TransAlta Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Transalta Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Transalta Corp Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAlta Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TransAlta Corp. If investors know TransAlta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TransAlta Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 0.235 | Earnings Share 0.27 | Revenue Per Share 9.166 | Quarterly Revenue Growth (0.37) |
The market value of TransAlta Corp is measured differently than its book value, which is the value of TransAlta that is recorded on the company's balance sheet. Investors also form their own opinion of TransAlta Corp's value that differs from its market value or its book value, called intrinsic value, which is TransAlta Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because TransAlta Corp's market value can be influenced by many factors that don't directly affect TransAlta Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between TransAlta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAlta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAlta Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.