TransAlta (FRA:TZ1) ROCE % : 1.03% (As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is TransAlta ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. TransAlta's annualized ROCE % for the quarter that ended in Dec. 2024 was 1.03%.

TransAlta ROCE % Historical Data

The historical data trend for TransAlta's ROCE % 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 ROCE % Chart

TransAlta Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

Get a 7-Day Free Trial

-1.25

-2.16

7.48

14.66

8.14

TransAlta Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
ROCE %	Get a 7-Day Free Trial															0.86	19.02	9.72	4.47	1.03

TransAlta ROCE % Calculation

TransAlta's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	381.41	/	( ( (5918.532 - 1190.678)	+	(6367.337 - 1722.043) )	/ 2 )
	=	381.41	/	( (4727.854	+	4645.294)	/ 2 )
	=	381.41	/	4686.574
	=	8.14 %

TransAlta's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2024 )		(Q: Sep. 2024 )		(Q: Dec. 2024 )
	=	45.58	/	( ( (5756.13 - 1513.196)	+	(6367.337 - 1722.043) )	/ 2 )
	=	45.58	/	( ( 4242.934	+	4645.294 )	/ 2 )
	=	45.58	/	4444.114
	=	1.03 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

TransAlta (FRA:TZ1) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

TransAlta ROCE % Related Terms

Thank you for viewing the detailed overview of TransAlta's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

TransAlta Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TransAlta Corp (FRA:TZ1) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

TAC:USA TZ1:Germany TA.PR.J.PFD:Canada TA.PR.H.PFD:Canada TA.PR.F.PFD:Canada TA.PR.E.PFD:Canada TA.PR.D.PFD:Canada TA:Canada

Address

1100 1st Street SE, TransAlta Place, Suite 1400, Calgary, AB, CAN, T2G 1B1

Website

https://www.transalta.com

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.

TransAlta Headlines

No Headlines