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TransAlta Renewables (TSX:RNW) Scaled Net Operating Assets : 0.76 (As of Jun. 2023)


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What is TransAlta Renewables Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TransAlta Renewables's operating assets for the quarter that ended in Jun. 2023 was C$3,079.0 Mil. TransAlta Renewables's operating liabilities for the quarter that ended in Jun. 2023 was C$615.0 Mil. TransAlta Renewables's Total Assets for the quarter that ended in Mar. 2023 was C$3,235.0 Mil. Therefore, TransAlta Renewables's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.76.


TransAlta Renewables Scaled Net Operating Assets Historical Data

The historical data trend for TransAlta Renewables's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TransAlta Renewables Scaled Net Operating Assets Chart

TransAlta Renewables Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.85 0.71 0.78 0.67

TransAlta Renewables Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.72 0.74 0.75 0.77 0.76

Competitive Comparison of TransAlta Renewables's Scaled Net Operating Assets

For the Utilities - Renewable subindustry, TransAlta Renewables's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TransAlta Renewables's Scaled Net Operating Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TransAlta Renewables's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where TransAlta Renewables's Scaled Net Operating Assets falls into.



TransAlta Renewables Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

TransAlta Renewables's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2022 )
=(Operating Assets (A: Dec. 2022 )-Operating Liabilities (A: Dec. 2022 ))/Total Assets (A: Dec. 2021 )
=(3140-634)/3749
=0.67

where

Operating Assets(A: Dec. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3229 - 89
=3140

Operating Liabilities(A: Dec. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1424 - 681 - 109
=634

TransAlta Renewables's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2023 )
=(Operating Assets (Q: Jun. 2023 )-Operating Liabilities (Q: Jun. 2023 ))/Total Assets (Q: Mar. 2023 )
=(3079-615)/3235
=0.76

where

Operating Assets(Q: Jun. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3133 - 54
=3079

Operating Liabilities(Q: Jun. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1433 - 748 - 70
=615

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TransAlta Renewables Scaled Net Operating Assets Related Terms

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TransAlta Renewables (TSX:RNW) Business Description

Traded in Other Exchanges
N/A
Address
110-12th Avenue South West, Calgary, AB, CAN, T2R 0G7
TransAlta Renewables Inc is an electric utility company that owns and operates energy generation and transmission facilities. The operating business segments are Canadian Wind, Canadian Hydro, US Wind and Solar, Canadian Gas, US Gas, and Australian Gas. The company also has wind and solar facilities in Wyoming and Minnesota as well as the South Hedland Power Station and the Fortescue River Gas pipeline in Australia.