TransAlta Corp (TA) — Cash Flow Quality Index
Latest as of June 2026:
1.19x
TransAlta Corp (TA) has a Cash Flow Quality Index of 1.19x as of June 2026. Operating cash flow of CA$62.00 Million exceeds net income of CA$52.00 Million, indicating high earnings quality where cash backs reported profits. Explore TA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
1.19x
Operating CF / Net Income
Operating Cash Flow
CA$62.00 Million
CAD
Net Income
CA$52.00 Million
CAD
Data as of
Jun 2026
Most recent filing
TransAlta Corp Cash Flow Quality Index (1997–2024)
Historical Cash Flow Quality Index for TransAlta Corp across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TA operating cash flow.
Annual Cash Flow Quality Index for TransAlta Corp (1997–2024)
Year-by-year earnings quality comparison for TransAlta Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 3.48x | CA$796.00 Million | CA$229.00 Million | ▲ +65.0% |
| 2023 | 2.11x | CA$1.46 Billion | CA$695.00 Million | ▼ -88.0% |
| 2022 | 17.54x | CA$877.00 Million | CA$50.00 Million | ▲ +69.4% |
| 2019 | 10.35x | CA$849.00 Million | CA$82.00 Million | ▲ +135.2% |
| 2016 | 4.40x | CA$744.00 Million | CA$169.00 Million | ▼ -77.6% |
| 2015 | 19.64x | CA$432.00 Million | CA$22.00 Million | ▲ +349.0% |
| 2014 | 4.37x | CA$796.00 Million | CA$182.00 Million | ▲ +93.3% |
| 2011 | 2.26x | CA$690.00 Million | CA$305.00 Million | ▼ -30.9% |
| 2010 | 3.27x | CA$838.00 Million | CA$256.00 Million | ▲ +2.2% |
| 2009 | 3.20x | CA$580.00 Million | CA$181.00 Million | ▼ -27.5% |
| 2008 | 4.42x | CA$1.04 Billion | CA$235.00 Million | ▲ +61.0% |
| 2007 | 2.74x | CA$847.20 Million | CA$308.80 Million | ▼ -74.8% |
| 2006 | 10.90x | CA$489.60 Million | CA$44.90 Million | ▲ +206.6% |
| 2005 | 3.56x | CA$619.80 Million | CA$174.30 Million | ▼ -3.4% |
| 2004 | 3.68x | CA$591.20 Million | CA$160.60 Million | ▲ +25.2% |
| 2003 | 2.94x | CA$756.50 Million | CA$257.20 Million | ▲ +41.7% |
| 2002 | 2.08x | CA$437.70 Million | CA$210.80 Million | ▼ -33.9% |
| 2001 | 3.14x | CA$715.60 Million | CA$227.70 Million | ▲ +362.8% |
| 2000 | 0.68x | CA$198.70 Million | CA$292.60 Million | ▼ -69.2% |
| 1999 | 2.20x | CA$422.00 Million | CA$191.60 Million | ▼ -2.0% |
| 1998 | 2.25x | CA$475.20 Million | CA$211.40 Million | ▼ -19.0% |
| 1997 | 2.77x | CA$506.60 Million | CA$182.60 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.