TransAlta Total Stockholder Equity vs Net Receivables Analysis
TAC Stock | USD 7.31 0.16 2.24% |
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 Total Stockholder Equity and its Net Receivables 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 tightly coupled 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.
Total Stockholder Equity vs Net Receivables
Total Stockholder Equity vs Net Receivables Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of TransAlta Corp Total Stockholder Equity account and Net Receivables. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between TransAlta Corp's Total Stockholder Equity and Net Receivables is -0.44. Overlapping area represents the amount of variation of Total Stockholder Equity that can explain the historical movement of Net Receivables 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 Total Stockholder Equity and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Stockholder Equity of TransAlta Corp are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Total Stockholder Equity i.e., TransAlta Corp's Total Stockholder Equity and Net Receivables go up and down completely randomly.
Correlation Coefficient | -0.44 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Stockholder Equity
The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.Net Receivables
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 tightly coupled 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 | 2.3B | 1.2B | Total Revenue | 2.7B | 3.0B | 4.1B | 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 | 3.3B | 3.2B | 3.4B | 3.7B | 4.2B | 3.7B | |
Other Current Liab | 190M | 230M | 379M | 1.6B | 432M | 318.4M | |
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 | 179M | 308.1M | |
Cash And Short Term Investments | 411M | 703M | 947M | 1.1B | 417M | 267.4M | |
Net Receivables | 651M | 420M | 583M | 1.3B | 807M | 676.1M | |
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 | 199M | 253.4M | |
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 | 815.4M | 856.1M | |
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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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 tightly coupled 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.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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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 (0.34) | Dividend Share 0.225 | Earnings Share 1.43 | Revenue Per Share 11.234 | Quarterly Revenue Growth (0.13) |
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.