TransAlta Corp (TAC)
6.49
+0.04
(+0.62%)
USD |
NYSE |
Apr 22, 16:00
6.49
0.00 (0.00%)
Pre-Market: 20:00
TransAlta Debt to Equity Ratio: 2.648 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.648 |
| September 30, 2023 | 2.274 |
| June 30, 2023 | 2.938 |
| March 31, 2023 | 3.155 |
| December 31, 2022 | 3.850 |
| September 30, 2022 | 2.566 |
| June 30, 2022 | 2.488 |
| March 31, 2022 | 2.336 |
| December 31, 2021 | 2.466 |
| September 30, 2021 | 2.295 |
| June 30, 2021 | 1.705 |
| March 31, 2021 | 1.627 |
| December 31, 2020 | 1.682 |
| September 30, 2020 | 1.219 |
| June 30, 2020 | 1.127 |
| March 31, 2020 | 1.125 |
| December 31, 2019 | 1.147 |
| September 30, 2019 | 1.137 |
| June 30, 2019 | 1.172 |
| March 31, 2019 | 1.143 |
| December 31, 2018 | 1.069 |
| September 30, 2018 | 1.001 |
| June 30, 2018 | 0.9496 |
| March 31, 2018 | 1.007 |
| December 31, 2017 | 1.094 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.114 |
| June 30, 2017 | 1.094 |
| March 31, 2017 | 1.217 |
| December 31, 2016 | 1.221 |
| September 30, 2016 | 1.210 |
| June 30, 2016 | 1.196 |
| March 31, 2016 | 1.188 |
| December 31, 2015 | 1.313 |
| September 30, 2015 | 1.284 |
| June 30, 2015 | 1.338 |
| March 31, 2015 | 1.26 |
| December 31, 2014 | 1.212 |
| September 30, 2014 | 1.345 |
| June 30, 2014 | |
| March 31, 2014 | 1.468 |
| December 31, 2013 | 1.487 |
| September 30, 2013 | 1.396 |
| June 30, 2013 | 1.501 |
| March 31, 2013 | 1.418 |
| December 31, 2012 | 1.397 |
| September 30, 2012 | 1.388 |
| June 30, 2012 | 1.753 |
| March 31, 2012 | 1.227 |
| December 31, 2011 | 1.233 |
| September 30, 2011 | 1.397 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
1.125
Minimum
Mar 2020
3.850
Maximum
Dec 2022
2.050
Average
2.274
Median
Sep 2023
Debt to Equity Ratio Benchmarks
| First National Energy Corp | 0.1888 |
| PowerTap Hydrogen Capital Corp | -- |
| Exelon Corp | 1.709 |
| MGE Energy Inc | 0.6684 |
| Public Service Enterprise Group Inc | 1.307 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.527B |
| Total Liabilities (Quarterly) | 5.273B |
| Shareholders Equity (Quarterly) | 1.159B |
| Current Ratio | 0.907 |
| Net Debt Paydown Yield | -1.43% |