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TransAlta Renewables (TSX:RNW) Debt-to-Revenue : 2.07 (As of Jun. 2023)


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What is TransAlta Renewables Debt-to-Revenue?

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

TransAlta Renewables's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$70.0 Mil. TransAlta Renewables's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was C$748.0 Mil. TransAlta Renewables's annualized Revenue for the quarter that ended in Jun. 2023 was C$396.0 Mil. TransAlta Renewables's annualized Debt-to-Revenue for the quarter that ended in Jun. 2023 was 2.07.


TransAlta Renewables Debt-to-Revenue Historical Data

The historical data trend for TransAlta Renewables'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.

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TransAlta Renewables Debt-to-Revenue Chart

TransAlta Renewables Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.16 2.03 2.09 1.41

TransAlta Renewables Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.66 1.85 1.28 1.68 2.07

Competitive Comparison of TransAlta Renewables's Debt-to-Revenue

For the Utilities - Renewable subindustry, TransAlta Renewables'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 Renewables's Debt-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

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

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



TransAlta Renewables Debt-to-Revenue Calculation

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

TransAlta Renewables's Debt-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(109 + 681) / 560
=1.41

TransAlta Renewables's annualized Debt-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(70 + 748) / 396
=2.07

* 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 (Jun. 2023) Revenue data.


TransAlta Renewables Debt-to-Revenue 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.