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TransAlta Corporation logo

TransAlta Corporation (TAC) Debt To Equity Ratio

Annual Debt To Equity

2.610.13-4.74%

Summary

Current Value
As of today, TAC annual debt to equity is 2.61, down -4.74% on
Historical Performance
TAC annual debt to equity is up +3.16% over the past 3 years, and up +119.33% over the past 5 years
All-Time High Comparison
TAC annual debt to equity is currently -34.26% below its historical high of 3.97 set on
3-Year Low Comparison
TAC annual debt to equity is at its 3-year low
Sector Comparison
TAC annual debt to equity is higher than 86.73% of companies in Utilities sector

Debt To Equity Chart

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Performance

TAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Debt To Equity2.61-4.7%+3.2%+119.3%+71.7%
Quarterly Debt To Equity2.88+25.2%+12.1%+126.8%+89.5%
Price$12.37-6.7%+35.9%+48.0%-42.1%
Annual Total Debt$3.17B-0.8%+0.1%+16.2%-25.2%
Annual Shareholders Equity$1.21B+4.2%-3.1%-46.8%-56.5%
Annual Current Ratio0.69-24.2%-39.5%-42.5%-30.3%
Annual Quick Ratio0.64-21.9%-39.0%-34.7%-28.1%
Annual Short Term Debt$919.90M+126.7%+37.7%+3010.9%
Annual Long Term Debt$2.25B-19.3%-10.0%-3.5%-46.5%
Piotroski F-Score4-20.0%-42.9%0.0%-20.0%
Altman Z-Score0.42-6.7%-14.3%+82.6%-50.6%

Debt To Equity Highs

TAC Annual Debt To Equity Highs Comparison
PeriodHighDateCurrent
3Y3.97N/A-34.3%
5Y3.97-34.3%
All3.97-34.3%

Debt To Equity Lows

TAC Annual Debt To Equity Lows Comparison
PeriodLowDateCurrent
3Y2.61at low
5Y1.74N/A+50.0%
All0.46+467.4%

Debt To Equity History

YearValueChange
2.61-4.7%
2.74-31.0%
3.97+56.9%
2.53+45.4%
1.74+46.2%
1.19+9.2%
1.09-1.8%
1.11-10.5%
1.24-7.5%
1.34+8.1%
1.24-17.3%
1.50+7.1%
1.40+13.8%
1.23-5.4%
1.30-14.5%
1.52+35.7%
1.12+2.8%
1.09-4.4%
1.14+1.8%
1.12-15.2%
1.32+16.8%
1.13-5.0%
1.19-4.0%
YearValueChange
1.24+4.2%
1.19+19.0%
1.00+6.4%
0.94-21.7%
1.20-7.7%
1.30+20.4%
1.08+24.1%
0.87-1.1%
0.88+29.4%
0.68-10.5%
0.76-13.6%
0.88+8.6%
0.81+9.5%
0.74+48.0%
0.50-2.0%
0.51-5.6%
0.54+1.9%
0.53-11.7%
0.60-3.2%
0.62+34.8%
0.46-2.1%
0.47-

FAQ

  • What is the current annual debt to equity of TAC?

    As of today, TAC annual debt to equity is 2.61

  • What is 1-year change in TAC annual debt to equity?

    TAC annual debt to equity is down -4.74% year-over-year

  • What is 3-year change in TAC annual debt to equity?

    TAC annual debt to equity is up +3.16% over the past 3 years

  • How far is TAC annual debt to equity from its all-time high?

    TAC annual debt to equity is currently -34.26% below its historical high of 3.97 set on December 31, 2022

  • How does TAC annual debt to equity rank versus sector peers?

    TAC annual debt to equity is higher than 86.73% of companies in Utilities sector

  • When is TAC next annual earnings release?

    The next annual earnings release for TAC is on

Debt To Equity Formula

Debt To Equity =  

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