Transalta Corp Stock Debt To Equity
| TAC Stock | USD 7.07 0.32 4.74% |
TransAlta Corp fundamentals help investors to digest information that contributes to TransAlta Corp's financial success or failures. It also enables traders to predict the movement of TransAlta Stock. The fundamental analysis module provides a way to measure TransAlta Corp's 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 Corp stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 2.65 | 2.78 |
TransAlta | Debt To Equity |
TransAlta Corp Company Debt To Equity Analysis
TransAlta Corp's 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 Corp Debt To Equity | 1.58 % |
Most of TransAlta Corp's 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 Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
TransAlta Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for TransAlta Corp is extremely important. It helps to project a fair market value of TransAlta Stock properly, considering its historical fundamentals such as Debt To Equity. Since TransAlta Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TransAlta Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TransAlta Corp's interrelated accounts and indicators.
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TransAlta Debt To Equity Historical Pattern
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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's debt to equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of TransAlta Corp debt to equity as a starting point in their analysis.
TransAlta Corp Debt To Equity |
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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.
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TransAlta Total Stockholder Equity
Total Stockholder Equity |
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According to the company disclosure, TransAlta Corp has a Debt To Equity of 1.582%. This is 98.32% 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 96.75% 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 Corp's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TransAlta Corp could also be used in its relative valuation, which is a method of valuing TransAlta Corp by comparing valuation metrics of similar companies.TransAlta Corp is currently under evaluation in debt to equity category among related companies.
TransAlta Corp Current Valuation Drivers
We derive many important indicators used in calculating different scores of TransAlta Corp from analyzing TransAlta Corp's financial statements. These drivers represent accounts that assess TransAlta Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of TransAlta Corp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 2.6B | 2.7B | 3.8B | 3.3B | 3.0B | 3.8B |
TransAlta Fundamentals
| Return On Equity | 0.44 | ||||
| Return On Asset | 0.0692 | ||||
| Profit Margin | 0.21 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 7.01 B | ||||
| Shares Outstanding | 304 M | ||||
| Shares Owned By Insiders | 0.19 % | ||||
| Shares Owned By Institutions | 68.53 % | ||||
| Number Of Shares Shorted | 3.53 M | ||||
| Price To Earning | 126.14 X | ||||
| Price To Book | 4.29 X | ||||
| Price To Sales | 0.56 X | ||||
| Revenue | 4.1 B | ||||
| Gross Profit | 1.11 B | ||||
| EBITDA | 2.6 B | ||||
| Net Income | 695 M | ||||
| Cash And Equivalents | 1.13 B | ||||
| Cash Per Share | 3.32 X | ||||
| Total Debt | 4.21 B | ||||
| Debt To Equity | 1.58 % | ||||
| Current Ratio | 1.12 X | ||||
| Book Value Per Share | 1.94 X | ||||
| Cash Flow From Operations | 1.46 B | ||||
| Short Ratio | 4.06 X | ||||
| Earnings Per Share | 1.69 X | ||||
| Price To Earnings To Growth | (2.34) X | ||||
| Target Price | 10.43 | ||||
| Number Of Employees | 1.26 K | ||||
| Beta | 0.89 | ||||
| Market Capitalization | 2.15 B | ||||
| Total Asset | 8.66 B | ||||
| Retained Earnings | (2.57 B) | ||||
| Working Capital | (162 M) | ||||
| Current Asset | 838 M | ||||
| Current Liabilities | 614 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 1.84 % | ||||
| Net Asset | 8.66 B | ||||
| Last Dividend Paid | 0.22 |
About TransAlta Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TransAlta Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TransAlta Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TransAlta Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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:Check out TransAlta Corp Piotroski F Score and TransAlta Corp Altman Z Score analysis. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.Note that the TransAlta Corp information on this page should be used as a complementary analysis to other TransAlta Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for TransAlta Stock analysis
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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Is TransAlta Corp's industry 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 5.284 | Dividend Share 0.22 | Earnings Share 1.69 | Revenue Per Share 12.156 | Quarterly Revenue Growth (0.27) |
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.