TransAlta Net Debt from 2010 to 2026
| TA Stock | CAD 18.47 0.09 0.49% |
Net Debt | First Reported 1997-03-31 | Previous Quarter 4.3 B | Current Value 4.2 B | Quarterly Volatility 809.9 M |
Check TransAlta Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TransAlta Corp's main balance sheet or income statement drivers, such as Interest Expense of 188 M, Total Revenue of 2.8 B or Gross Profit of 1 B, as well as many indicators such as Price To Sales Ratio of 1.63, Dividend Yield of 0.0219 or PTB Ratio of 4.25. TransAlta financial statements analysis is a perfect complement when working with TransAlta Corp Valuation or Volatility modules.
TransAlta | Net Debt |
Evaluating TransAlta Corp's Net Debt across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into TransAlta Corp's fundamental strength.
Latest TransAlta Corp's Net Debt Growth Pattern
Below is the plot of the Net Debt of TransAlta Corp over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. TransAlta Corp's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TransAlta Corp's overall financial position and show how it may be relating to other accounts over time.
| Net Debt | 10 Years Trend |
|
Net Debt |
| Timeline |
TransAlta Net Debt Regression Statistics
| Arithmetic Mean | 3,560,407,431 | |
| Geometric Mean | 3,464,826,991 | |
| Coefficient Of Variation | 22.90 | |
| Mean Deviation | 693,133,308 | |
| Median | 3,865,000,000 | |
| Standard Deviation | 815,283,912 | |
| Sample Variance | 664687.9T | |
| Range | 2.7B | |
| R-Value | (0.01) | |
| Mean Square Error | 708898.4T | |
| R-Squared | 0.0001 | |
| Significance | 0.96 | |
| Slope | (1,936,485) | |
| Total Sum of Squares | 10635005.7T |
TransAlta Net Debt History
About TransAlta Corp Financial Statements
TransAlta Corp investors utilize fundamental indicators, such as Net Debt, to predict how TransAlta Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt | 4.9 B | 3.5 B | |
| Net Debt To EBITDA | 4.18 | 3.97 |
Pair Trading with TransAlta Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TransAlta Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TransAlta Corp will appreciate offsetting losses from the drop in the long position's value.Moving against TransAlta Stock
| 0.74 | BGI-UN | Brookfield Global | PairCorr |
| 0.73 | III | Imperial Metals | PairCorr |
| 0.69 | MS | Morgan Stanley CDR | PairCorr |
| 0.68 | BPF-UN | Boston Pizza Royalties | PairCorr |
| 0.66 | SBI | Serabi Gold PLC | PairCorr |
The ability to find closely correlated positions to TransAlta Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TransAlta Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TransAlta Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TransAlta Corp to buy it.
The correlation of TransAlta Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TransAlta Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TransAlta Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TransAlta Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of TransAlta Corp Correlation against competitors. To learn how to invest in TransAlta Stock, please use our How to Invest in TransAlta Corp guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.