TransAlta Corp (TA.TO)
14.31
-0.05
(-0.35%)
CAD |
TSX |
Nov 04, 16:00
TransAlta Debt to Equity Ratio: 2.341 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 2.341 |
| March 31, 2024 | 2.325 |
| December 31, 2023 | 2.388 |
| September 30, 2023 | 2.274 |
| June 30, 2023 | 2.938 |
| March 31, 2023 | 3.155 |
| December 31, 2022 | 3.489 |
| September 30, 2022 | 2.566 |
| June 30, 2022 | 2.488 |
| March 31, 2022 | 2.336 |
| December 31, 2021 | 2.214 |
| September 30, 2021 | 2.295 |
| June 30, 2021 | 1.705 |
| March 31, 2021 | 1.627 |
| December 31, 2020 | 1.512 |
| 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 |
| Date | Value |
|---|---|
| March 31, 2018 | 1.007 |
| December 31, 2017 | 1.094 |
| 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 |
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
3.489
Maximum
Dec 2022
2.120
Average
2.295
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Emera Inc | 1.558 |
| Fortis Inc | 1.379 |
| Canadian Utilities Ltd | 1.538 |
| Capital Power Corp | 1.321 |
| Hydro One Ltd | 1.376 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.546B |
| Total Liabilities (Quarterly) | 6.639B |
| Shareholders Equity (Quarterly) | 1.791B |
| Current Ratio | 0.8376 |
| Net Debt Paydown Yield | 1.24% |