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TransAlta (TAC)

(Real Time Quote from BATS)

$10.46 USD

10.46
694,706

+0.03 (0.29%)

Updated Nov 7, 2024 01:46 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value F Growth C Momentum D VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 36% (91 out of 251)

Industry: Utility - Electric Power

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Balance Sheet

Research for TAC

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for TransAlta Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 309 926 811 578 334
Receivables 598 1,222 519 435 348
Notes Receivable 0 0 0 0 0
Inventories 116 121 133 178 189
Other Current Assets 147 588 289 229 139
Total Current Assets 1,170 2,857 1,753 1,420 1,011
Net Property & Equipment 4,233 4,274 4,245 4,346 4,678
Investments & Advances 102 99 84 75 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 16 38 51 38 14
Intangibles 509 551 574 579 589
Deposits & Other Assets 298 346 579 713 764
Total Assets 6,415 8,262 7,361 7,276 7,165
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 2 12 0 0 0
Accounts Payable 590 1,035 550 447 311
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 394 137 673 78 387
Accrued Expenses 0 0 0 0 0
Income Taxes Payable 7 56 6 13 11
Other Current Liabilities 297 981 311 159 133
Total Current Liabilities 1,290 2,221 1,541 698 842
Mortgages 0 0 0 0 0
Deferred Taxes/Income 286 271 282 296 356
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,174 2,673 1,933 2,431 2,034
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,432 1,567 1,536 1,287 873
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 5,182 6,732 5,292 4,711 4,104
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 698 725 752 703 710
Common Stock (Par) 2,434 2,202 2,315 2,162 2,244
Capital Surplus 30 32 37 28 32
Retained Earnings -1,902 -1,934 -1,957 -1,363 -1,096
Other Equity -27 505 923 1,035 1,172
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 1,233 1,530 2,069 2,565 3,061
Total Liabilities & Shareholder's Equity 6,415 8,262 7,361 7,276 7,165
Total Common Equity 535 805 1,317 1,862 2,351
Shares Outstanding 308.70 268.20 271.00 269.80 277.00
Book Value Per Share 1.73 3.00 4.86 6.90 8.49

Fiscal Year End for TransAlta Corporation falls in the month of December.

All items in Millions except Per Share data.

9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Assets          
Cash & Equivalents -99,999 287 345 309 964
Receivables NA 482 512 598 622
Notes Receivable NA 0 0 0 0
Inventories NA 113 112 116 134
Other Current Assets NA 226 225 147 151
Total Current Assets NA 1,108 1,193 1,170 1,871
Net Property & Equipment NA 4,102 4,195 4,233 4,231
Investments & Advances NA 107 107 102 102
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 10 13 16 14
Intangibles NA 495 505 509 516
Deposits & Other Assets NA 336 388 298 272
Total Assets NA 6,245 6,488 6,415 7,095
Liabilities & Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Notes Payable NA 1 1 2 0
Accounts Payable NA 392 500 590 512
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 98 395 394 394
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 10 9 7 12
Other Current Liabilities NA 823 824 297 294
Total Current Liabilities NA 1,323 1,729 1,290 1,213
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 290 301 286 274
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,419 2,168 2,174 2,258
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 858 1,432 1,366
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 4,851 5,056 5,182 5,111
Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Preferred Stock NA 688 698 698 702
Common Stock (Par) NA 2,330 2,415 2,434 2,093
Capital Surplus NA 22 19 30 25
Retained Earnings NA -1,676 -1,735 -1,902 -1,358
Other Equity NA 29 35 -27 523
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,393 1,432 1,233 1,985
Total Liabilities & Shareholder's Equity NA 6,245 6,488 6,415 7,095
Total Common Equity 0 705 734 535 1,283
Shares Outstanding 298.40 300.60 306.80 308.70 309.80
Book Value Per Share 0.00 2.35 2.39 1.73 4.14