TransAlta Roic vs Net Income Per Share Analysis

TAC Stock

USD 10.79 0.04 0.37%

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 Roic and its Net Income 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.

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TransAlta Corp Roic account and Net Income Per Share. At this time, the significance of the direction appears to have strong relationship.

The correlation between TransAlta Corp's Roic and Net Income Per Share is 0.73. Overlapping area represents the amount of variation of Roic that can explain the historical movement of Net Income 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 Roic and Net Income 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 Roic of TransAlta Corp are associated (or correlated) with its Net Income Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income Per Share has no effect on the direction of Roic i.e., TransAlta Corp's Roic and Net Income Per Share go up and down completely randomly.

Correlation Coefficient

0.73

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Roic

Return on Invested Capital, a profitability ratio that measures the return that an investment generates for those who have provided capital, such as debt holders and equity holders.

Net Income 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.The current year's Selling General Administrative is expected to grow to about 277.4 M, whereas Tax Provision is forecasted to decline to about 59.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	1.5B	1.6B	1.5B	1.2B
Total Revenue	2.7B	3.0B	3.4B	2.8B

Gross Profit Total Revenue

TransAlta Corp fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Other Liab	Net Tangible Assets
Common Stock Shares Outstanding		0.8	0.61	0.14	0.22	0.27	0.39	0.23	-0.63	0.13	0.31	0.63	0.0	0.22	0.34	0.64	0.73	0.4	-0.62	0.59	0.08	0.42	0.17	0.49	0.5	0.45
Total Assets	0.8		0.84	0.25	0.27	0.46	0.71	0.48	-0.36	0.05	0.2	0.85	0.07	0.23	0.45	0.83	0.44	0.36	-0.31	0.74	-0.1	0.43	0.05	0.79	0.29	0.32
Short Long Term Debt Total	0.61	0.84		0.3	0.35	0.19	0.63	0.58	-0.36	0.18	0.24	0.7	0.33	0.25	0.35	0.92	0.14	0.36	-0.26	0.86	0.08	0.38	0.07	0.72	0.24	-0.01
Other Current Liab	0.14	0.25	0.3		0.84	-0.63	-0.27	-0.35	-0.53	0.87	0.73	-0.25	0.2	0.73	0.84	0.42	0.06	0.92	-0.1	0.72	0.58	0.87	-0.21	-0.13	0.42	-0.52
Total Current Liabilities	0.22	0.27	0.35	0.84		-0.55	-0.2	-0.28	-0.57	0.87	0.74	-0.19	0.14	0.72	0.83	0.33	-0.02	0.82	-0.17	0.72	0.62	0.83	0.32	-0.02	0.53	-0.47
Total Stockholder Equity	0.27	0.46	0.19	-0.63	-0.55		0.82	0.69	0.43	-0.78	-0.68	0.82	-0.37	-0.61	-0.37	0.11	0.12	-0.58	0.05	-0.21	-0.76	-0.52	0.1	0.68	-0.35	0.69
Property Plant And Equipment Net	0.39	0.71	0.63	-0.27	-0.2	0.82		0.87	0.18	-0.47	-0.48	0.94	-0.1	-0.39	-0.11	0.55	-0.05	-0.29	0.01	0.29	-0.51	-0.26	0.07	0.86	-0.18	0.37
Net Debt	0.23	0.48	0.58	-0.35	-0.28	0.69	0.87		0.27	-0.47	-0.64	0.79	-0.2	-0.6	-0.22	0.44	-0.18	-0.38	0.0	0.19	-0.46	-0.43	0.03	0.76	-0.27	0.25
Retained Earnings	-0.63	-0.36	-0.36	-0.53	-0.57	0.43	0.18	0.27		-0.58	-0.7	0.01	-0.27	-0.57	-0.54	-0.55	-0.52	-0.71	0.63	-0.63	-0.79	-0.69	-0.09	0.1	-0.87	0.28
Accounts Payable	0.13	0.05	0.18	0.87	0.87	-0.78	-0.47	-0.47	-0.58		0.8	-0.44	0.33	0.76	0.8	0.24	0.05	0.84	-0.15	0.62	0.67	0.84	0.03	-0.27	0.53	-0.52
Cash	0.31	0.2	0.24	0.73	0.74	-0.68	-0.48	-0.64	-0.7	0.8		-0.32	0.46	0.96	0.67	0.31	0.37	0.84	-0.27	0.6	0.68	0.91	0.09	-0.25	0.62	-0.32
Non Current Assets Total	0.63	0.85	0.7	-0.25	-0.19	0.82	0.94	0.79	0.01	-0.44	-0.32		-0.1	-0.28	-0.03	0.63	0.25	-0.16	-0.19	0.36	-0.46	-0.11	0.07	0.88	-0.05	0.52
Non Currrent Assets Other	0.0	0.07	0.33	0.2	0.14	-0.37	-0.1	-0.2	-0.27	0.33	0.46	-0.1		0.46	0.17	0.37	-0.13	0.15	-0.11	0.35	0.28	0.29	-0.16	-0.06	0.2	-0.28
Cash And Short Term Investments	0.22	0.23	0.25	0.73	0.72	-0.61	-0.39	-0.6	-0.57	0.76	0.96	-0.28	0.46		0.66	0.33	0.28	0.78	0.0	0.6	0.59	0.89	0.05	-0.15	0.56	-0.37
Net Receivables	0.34	0.45	0.35	0.84	0.83	-0.37	-0.11	-0.22	-0.54	0.8	0.67	-0.03	0.17	0.66		0.45	0.23	0.8	-0.21	0.73	0.45	0.89	-0.03	0.11	0.56	-0.26
Non Current Liabilities Total	0.64	0.83	0.92	0.42	0.33	0.11	0.55	0.44	-0.55	0.24	0.31	0.63	0.37	0.33	0.45		0.28	0.47	-0.29	0.88	0.25	0.48	-0.2	0.6	0.44	-0.11
Inventory	0.73	0.44	0.14	0.06	-0.02	0.12	-0.05	-0.18	-0.52	0.05	0.37	0.25	-0.13	0.28	0.23	0.28		0.33	-0.43	0.21	0.08	0.4	-0.09	0.14	0.48	0.36
Other Current Assets	0.4	0.36	0.36	0.92	0.82	-0.58	-0.29	-0.38	-0.71	0.84	0.84	-0.16	0.15	0.78	0.8	0.47	0.33		-0.32	0.75	0.66	0.93	-0.09	-0.1	0.55	-0.35
Other Stockholder Equity	-0.62	-0.31	-0.26	-0.1	-0.17	0.05	0.01	0.0	0.63	-0.15	-0.27	-0.19	-0.11	0.0	-0.21	-0.29	-0.43	-0.32		-0.28	-0.29	-0.24	-0.17	0.04	-0.39	-0.24
Total Liab	0.59	0.74	0.86	0.72	0.72	-0.21	0.29	0.19	-0.63	0.62	0.6	0.36	0.35	0.6	0.73	0.88	0.21	0.75	-0.28		0.42	0.77	0.0	0.44	0.51	-0.26
Property Plant And Equipment Gross	0.08	-0.1	0.08	0.58	0.62	-0.76	-0.51	-0.46	-0.79	0.67	0.68	-0.46	0.28	0.59	0.45	0.25	0.08	0.66	-0.29	0.42		0.59	0.03	-0.45	0.73	-0.66
Total Current Assets	0.42	0.43	0.38	0.87	0.83	-0.52	-0.26	-0.43	-0.69	0.84	0.91	-0.11	0.29	0.89	0.89	0.48	0.4	0.93	-0.24	0.77	0.59		-0.02	-0.02	0.63	-0.29
Short Term Debt	0.17	0.05	0.07	-0.21	0.32	0.1	0.07	0.03	-0.09	0.03	0.09	0.07	-0.16	0.05	-0.03	-0.2	-0.09	-0.09	-0.17	0.0	0.03	-0.02		0.11	0.15	0.15
Current Deferred Revenue	0.49	0.79	0.72	-0.13	-0.02	0.68	0.86	0.76	0.1	-0.27	-0.25	0.88	-0.06	-0.15	0.11	0.6	0.14	-0.1	0.04	0.44	-0.45	-0.02	0.11		-0.15	0.32
Other Liab	0.5	0.29	0.24	0.42	0.53	-0.35	-0.18	-0.27	-0.87	0.53	0.62	-0.05	0.2	0.56	0.56	0.44	0.48	0.55	-0.39	0.51	0.73	0.63	0.15	-0.15		-0.26
Net Tangible Assets	0.45	0.32	-0.01	-0.52	-0.47	0.69	0.37	0.25	0.28	-0.52	-0.32	0.52	-0.28	-0.37	-0.26	-0.11	0.36	-0.35	-0.24	-0.26	-0.66	-0.29	0.15	0.32	-0.26

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TransAlta Corp Account Relationship Matchups

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	3.8B	3.5B
Retained Earnings	(1.5B)	(1.8B)	(2.5B)	(2.5B)	(2.6B)	(2.4B)
Cash	411M	703M	947M	1.1B	417M	234.8M
Non Current Assets Total	8.2B	7.8B	7.0B	7.0B	7.1B	8.2B
Non Currrent Assets Other	19M	955M	726M	450M	200M	308.8M
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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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:

How To Invest In TransAlta

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Is TransAlta Stock a good investment?

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What is TransAlta Corp's Net Worth?

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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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.

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TransAlta Roic vs Net Income Per Share Analysis

Roic vs Net Income Per Share

Roic vs Net Income Per Share Correlation Analysis

Correlation Coefficient

Roic

Net Income Per Share

TransAlta Corp fundamental ratios Correlations

TransAlta Corp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

TransAlta Corp fundamental ratios Accounts

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COMPANY

Cash And Short Term Investments	+ 0.96	Cash
Non Current Assets Total	+ 0.94	Property Plant And Equipment Net
Total Current Assets	+ 0.93	Other Current Assets
Non Current Liabilities Total	+ 0.92	Short Long Term Debt Total
Other Current Assets	+ 0.92	Other Current Liab
Total Current Assets	+ 0.91	Cash

Other Liab	- 0.87	Retained Earnings
Property Plant And Equipment Gross	- 0.79	Retained Earnings
Accounts Payable	- 0.78	Total Stockholder Equity
Property Plant And Equipment Gross	- 0.76	Total Stockholder Equity
Other Current Assets	- 0.71	Retained Earnings
Cash	- 0.7	Retained Earnings