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TransAlta (TAC)

(Delayed Data from NYSE)

$7.15 USD

7.15
641,892

+0.14 (2.00%)

Updated Feb 27, 2024 04:00 PM ET

After-Market: $7.15 0.00 (0.00%) 7:58 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 Buy24.18%
2Buy17.85%
3Hold9.34%
4Sell5.12%
5Strong Sell2.62%
S&P50010.88%

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3-Hold of 5     3    

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth D Momentum A 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

Bottom 38% (155 out of 251)

Industry: Utility - Electric Power

Better trading starts here.

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 -99,999 926 811 578 334
Receivables NA 1,222 519 435 348
Notes Receivable NA 0 0 0 0
Inventories NA 121 133 178 189
Other Current Assets NA 588 289 229 139
Total Current Assets NA 2,857 1,753 1,420 1,011
Net Property & Equipment NA 4,274 4,245 4,346 4,678
Investments & Advances NA 99 84 75 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 38 51 38 14
Intangibles NA 551 574 579 589
Deposits & Other Assets NA 346 579 713 764
Total Assets NA 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 NA 12 0 0 0
Accounts Payable NA 1,035 550 447 311
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 137 673 78 387
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 56 6 13 11
Other Current Liabilities NA 981 311 159 133
Total Current Liabilities NA 2,221 1,541 698 842
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 271 282 296 356
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,673 1,933 2,431 2,034
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,567 1,536 1,287 873
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 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 NA 725 752 703 710
Common Stock (Par) NA 2,202 2,315 2,162 2,244
Capital Surplus NA 32 37 28 32
Retained Earnings NA -1,934 -1,957 -1,363 -1,096
Other Equity NA 505 923 1,035 1,172
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,530 2,069 2,565 3,061
Total Liabilities & Shareholder's Equity NA 8,262 7,361 7,276 7,165
Total Common Equity 0 805 1,317 1,862 2,351
Shares Outstanding 308.70 268.20 271.00 269.80 277.00
Book Value Per Share 0.00 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.

12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022
Assets          
Cash & Equivalents -99,999 964 739 957 926
Receivables NA 622 817 686 1,222
Notes Receivable NA 0 0 0 0
Inventories NA 134 149 106 121
Other Current Assets NA 151 213 294 588
Total Current Assets NA 1,871 1,917 2,043 2,857
Net Property & Equipment NA 4,231 4,217 4,203 4,274
Investments & Advances NA 102 103 96 99
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 14 14 27 38
Intangibles NA 516 520 523 551
Deposits & Other Assets NA 272 266 301 346
Total Assets NA 7,095 7,127 7,286 8,262
Liabilities & Shareholders Equity 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022
Notes Payable NA 0 4 1 12
Accounts Payable NA 512 492 621 1,035
Current Portion Long-Term Debt NA 0 0 0 0
Current Portion Capital Leases NA 394 98 131 137
Accrued Expenses NA 0 0 0 0
Income Taxes Payable NA 12 13 44 56
Other Current Liabilities NA 294 547 556 981
Total Current Liabilities NA 1,213 1,153 1,353 2,221
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 274 266 256 271
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,258 2,569 2,552 2,673
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,448 1,474 1,567
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 5,111 5,436 5,636 6,732
Shareholders Equity 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022
Preferred Stock NA 702 701 696 725
Common Stock (Par) NA 2,093 2,089 2,069 2,202
Capital Surplus NA 25 21 17 32
Retained Earnings NA -1,358 -1,621 -1,643 -1,934
Other Equity NA 523 501 511 505
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 1,985 1,691 1,651 1,530
Total Liabilities & Shareholder's Equity NA 7,095 7,127 7,286 8,262
Total Common Equity 0 1,283 990 954 805
Shares Outstanding 308.70 309.80 263.40 266.30 268.20
Book Value Per Share 0.00 4.14 3.76 3.58 3.00