TransAlta Corporation company logo
TransAlta Corporation logo

TransAlta Corporation (TAC) Current Ratio

Annual Current Ratio

0.690.22-24.18%

Summary

Current Value
As of today, TAC annual current ratio is 0.69, down -24.18% on
Historical Performance
TAC annual current ratio is down -39.47% over the past 3 years, and down -42.50% over the past 5 years
All-Time High Comparison
TAC annual current ratio is currently -66.01% below its historical high of 2.03 set on
3-Year Low Comparison
TAC annual current ratio is at its 3-year low
Sector Comparison
TAC annual current ratio is higher than 32.74% of companies in Utilities sector

Current Ratio Chart

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Performance

TAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Current Ratio0.69-24.2%-39.5%-42.5%-30.3%
Quarterly Current Ratio0.79+6.8%-27.5%-30.1%-9.2%
Price$12.37-6.7%+35.9%+48.0%-42.1%
Annual Current Assets$1.23B+2.9%-29.1%+19.2%+54.2%
Annual Current Liabilities$1.79B+35.2%+16.9%+107.4%+122.1%
Annual Quick Ratio0.64-21.9%-39.0%-34.7%-28.1%
Annual Debt To Equity2.61-4.7%+3.2%+119.3%+71.7%
Piotroski F-Score4-20.0%-42.9%0.0%-20.0%
Altman Z-Score0.42-6.7%-14.3%+82.6%-50.6%

Current Ratio Highs

TAC Annual Current Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.29N/A-46.5%
5Y2.03N/A-66.0%
All2.03-66.0%

Current Ratio Lows

TAC Annual Current Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.69at low
5Y0.69at low
All0.21+228.6%

Current Ratio History

YearValueChange
0.69-24.2%
0.91-29.5%
1.29+13.2%
1.14-43.8%
2.03+69.2%
1.20-20.0%
1.50+41.5%
1.06-17.2%
1.28-5.9%
1.36+103.0%
0.67-23.0%
0.87+26.1%
0.69-27.4%
0.95+15.9%
0.82-17.2%
0.99+76.8%
0.56+3.7%
0.54-15.6%
0.64-12.3%
0.73-6.4%
0.78-17.0%
0.94+25.3%
0.75-5.1%
YearValueChange
0.79-9.2%
0.87+35.9%
0.64-30.4%
0.92+67.3%
0.55-12.7%
0.63-29.2%
0.89+3.5%
0.86+1.2%
0.85+60.4%
0.53-3.6%
0.55-16.7%
0.66+17.9%
0.56+21.7%
0.46-13.2%
0.53+39.5%
0.38-28.3%
0.530.0%
0.53+26.2%
0.42+27.3%
0.33+57.1%
0.21-32.3%
0.31-

FAQ

  • What is the current annual current ratio of TAC?

    As of today, TAC annual current ratio is 0.69

  • What is 1-year change in TAC annual current ratio?

    TAC annual current ratio is down -24.18% year-over-year

  • What is 3-year change in TAC annual current ratio?

    TAC annual current ratio is down -39.47% over the past 3 years

  • How far is TAC annual current ratio from its all-time high?

    TAC annual current ratio is currently -66.01% below its historical high of 2.03 set on December 31, 2020

  • How does TAC annual current ratio rank versus sector peers?

    TAC annual current ratio is higher than 32.74% of companies in Utilities sector

  • When is TAC next annual earnings release?

    The next annual earnings release for TAC is on

Current Ratio Formula

Current Ratio =  

Data Sources & References

  1. TAC Official Website www.transalta.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1144800/000114480025000039/0001144800-25-000039-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1144800/000114480025000006/0001144800-25-000006-index.htm
  4. TAC Profile on Yahoo Finance finance.yahoo.com/quote/TAC
  5. TAC Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tac