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TransAlta (TSX:TA) Debt-to-Revenue : 1.63 (As of Sep. 2024)


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What is TransAlta Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

TransAlta's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1,287 Mil. TransAlta's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$2,879 Mil. TransAlta's annualized Revenue for the quarter that ended in Sep. 2024 was C$2,552 Mil. TransAlta's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 1.63.


TransAlta Debt-to-Revenue Historical Data

The historical data trend for TransAlta's Debt-to-Revenue 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 Debt-to-Revenue Chart

TransAlta Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.76 1.32 1.35 1.14

TransAlta Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue 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 1.06 1.53 1.11 1.80 1.63

Competitive Comparison of TransAlta's Debt-to-Revenue

For the Utilities - Independent Power Producers subindustry, TransAlta's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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's Debt-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TransAlta's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where TransAlta's Debt-to-Revenue falls into.



TransAlta Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

TransAlta's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(535 + 3278) / 3355
=1.14

TransAlta's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(1287 + 2879) / 2552
=1.63

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


TransAlta Debt-to-Revenue Related Terms

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TransAlta Business Description

Address
1100 1st Street SE, TransAlta Place, Suite 1400, Calgary, AB, CAN, T2G 1B1
TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia. The company has six reportable segments namely, hydro, wind & solar, Energy Marketing, gas, energy transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.
Executives
Jane Nyla Fedoretz Senior Officer
John Harry Kousinioris Director, Senior Officer
Kerry Lynn O'reilly Senior Officer
Blain Mitchell Van Melle Senior Officer
Aron John Willis Senior Officer
Todd John Stack Senior Officer
Candace Joan Macgibbon Director
Brent Vincent Ward Senior Officer
Michael Jon Novelli Senior Officer
Scott Thomas Jeffers Senior Officer
Brett Gellner Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Allen R. Hagerman Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Dawn Lorraine Farrell Director, Senior Officer
Kathryn Elizabeth Higgins Senior Officer
Brookfield Corporation 10% Security Holder