TransAlta Corporation

Toronto Stock Exchange TA.TO

TransAlta Corporation Interest Coverage Ratio for the year ending December 31, 2023: 5.15

TransAlta Corporation Interest Coverage Ratio is 5.15 for the year ending December 31, 2023, a 130.60% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

TransAlta Corporation Interest Coverage Ratio for the year ending December 31, 2022 was 2.23, a 444.83% change year over year.
TransAlta Corporation Interest Coverage Ratio for the year ending December 31, 2021 was -0.65, a -64.82% change year over year.
TransAlta Corporation Interest Coverage Ratio for the year ending December 31, 2020 was -0.39, a -123.40% change year over year.
TransAlta Corporation Interest Coverage Ratio for the year ending December 31, 2019 was 1.68, a 445.15% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Toronto Stock Exchange: TA.TO

TransAlta Corporation

CEO	Mr. John Harry Kousinioris
IPO Date	Jan. 12, 1995
Location	Canada
Headquarters	110-12th Avenue SW
Employees	1,257
Sector	Utilities
Industries Utilities Coal Electricity Energy Infrastructure & Tools Gas Geothermal Energy Oil & Gas Renewables

Description

TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. It operates through four segments: Hydro, Wind and Solar, Gas, and Energy Transition. owns and operates hydro, wind and solar, natural gas-fired, and coal-fired facilities. The company also engages in wholesale trading of electricity and other energy-related commodities and derivatives; and related mining operations and natural gas pipeline operations. It serves municipalities, medium and large industries, businesses, and utility customers. The company was founded in 1909 and is headquartered in Calgary, Canada.

Key trends

Past 5 years