TransAlta Corporation company logo
TransAlta Corporation logo

TransAlta Corporation (TAC) Quick Ratio

Annual Quick Ratio

0.640.18-21.95%

Summary

Current Value
As of today, TAC annual quick ratio is 0.64, down -21.95% on
Historical Performance
TAC annual quick ratio is down -39.05% over the past 3 years, and down -34.69% over the past 5 years
All-Time High Comparison
TAC annual quick ratio is currently -64.04% below its historical high of 1.78 set on
3-Year Low Comparison
TAC annual quick ratio is at its 3-year low
Sector Comparison
TAC annual quick ratio is higher than 40.71% of companies in Utilities sector

Quick Ratio Chart

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Series
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Performance

TAC Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.64-21.9%-39.0%-34.7%-28.1%
Quarterly Quick Ratio0.71+6.0%-31.1%-22.8%-11.3%
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 Inventory$93.17M-21.8%-29.5%-51.9%+8.5%
Annual Current Liabilities$1.79B+35.2%+16.9%+107.4%+122.1%
Annual Current Ratio0.69-24.2%-39.5%-42.5%-30.3%
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%

Quick Ratio Highs

TAC Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y1.23N/A-48.0%
5Y1.78N/A-64.0%
All1.78-64.0%

Quick Ratio Lows

TAC Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.64at low
5Y0.64at low
All0.14+357.1%

Quick Ratio History

YearValueChange
0.64-22.0%
0.82-33.3%
1.23+17.1%
1.05-41.0%
1.78+81.6%
0.98-20.3%
1.23+32.3%
0.93-15.5%
1.10-0.9%
1.11+76.2%
0.63-19.2%
0.78+23.8%
0.63-28.4%
0.88+14.3%
0.77-13.5%
0.89+71.2%
0.520.0%
0.52-13.3%
0.60-15.5%
0.71-5.3%
0.75-15.7%
0.89+32.8%
0.67-9.5%
YearValueChange
0.74-9.8%
0.82+41.4%
0.58-31.8%
0.85+73.5%
0.49-9.3%
0.54-29.9%
0.77+4.1%
0.74+4.2%
0.71+65.1%
0.43-2.3%
0.44-12.0%
0.50+8.7%
0.46+31.4%
0.35-12.5%
0.40+42.9%
0.28-28.2%
0.39-2.5%
0.40+29.0%
0.31+47.6%
0.21+50.0%
0.14-26.3%
0.19-

FAQ

  • What is the current annual quick ratio of TAC?

    As of today, TAC annual quick ratio is 0.64

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

    TAC annual quick ratio is down -21.95% year-over-year

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

    TAC annual quick ratio is down -39.05% over the past 3 years

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

    TAC annual quick ratio is currently -64.04% below its historical high of 1.78 set on December 31, 2020

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

    TAC annual quick ratio is higher than 40.71% of companies in Utilities sector

  • When is TAC next annual earnings release?

    The next annual earnings release for TAC is on

Quick Ratio Formula

Quick 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