TransAlta Financial Health

How is TransAlta's financial position?

Financial Health Score


Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: TA's short term assets (CA$3.2B) exceed its short term liabilities (CA$3.0B).

Long Term Liabilities: TA's short term assets (CA$3.2B) do not cover its long term liabilities (CA$4.7B).

Debt to Equity History and Analysis

Debt Level: TA's net debt to equity ratio (129.5%) is considered high.

Reducing Debt: TA's debt to equity ratio has increased from 83% to 163.3% over the past 5 years.

Debt Coverage: TA's debt is not well covered by operating cash flow (14.7%).

Interest Coverage: TA's interest payments on its debt are well covered by EBIT (3.2x coverage).

Balance Sheet

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