TransAlta Corp (TA.TO)
15.14
-0.08
(-0.56%)
CAD |
TSX |
Nov 22, 13:09
TransAlta Debt to Equity Ratio: 2.297 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 2.297 |
| 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 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.9496 |
| 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 |
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
2.128
Average
2.296
Median
Debt to Equity Ratio Benchmarks
| Fortis Inc | 1.408 |
| Emera Inc | 1.502 |
| Boralex Inc | 2.120 |
| Innergex Renewable Energy Inc | 6.204 |
| Capital Power Corp | 1.321 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.654B |
| Total Liabilities (Quarterly) | 6.733B |
| Shareholders Equity (Quarterly) | 1.814B |
| Current Ratio | 0.7429 |
| Net Debt Paydown Yield | 0.80% |