TransAlta Corp (TA) — Defensive Interval Ratio

Latest as of June 2026: 142 days

TransAlta Corp (TA) has a Defensive Interval Ratio of 142 days as of June 2026. Defensive assets of CA$659.00 Million (cash CA$-, short-term investments CA$-, receivables CA$659.00 Million) cover 142 days of daily cash needs of CA$4.63 Million/day.

Defensive Interval Ratio

142 days
Days of operational coverage

Defensive Assets

CA$659.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

CA$4.63 Million
Current Liabilities ÷ 365

Current Liabilities

CA$1.69 Billion
CAD

TransAlta Corp Defensive Interval Ratio (1997–2025)

This chart shows how TransAlta Corp's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 142 days, meaning defensive assets of CA$659.00 Million can fund 142 days of operations without new revenue. For the complete balance sheet picture, see TransAlta Corp total assets.

Annual Defensive Interval Ratio for TransAlta Corp (1997–2025)

The table below presents the year-by-year Defensive Interval Ratio for TransAlta Corp from 1997 to 2025, covering 29 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See TransAlta Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 213 days CA$1.07 Billion CA$5.01 Million/day CA$205.00 Million CA$162.00 Million ▲ +41 days
2024 172 days CA$1.21 Billion CA$7.04 Million/day CA$337.00 Million CA$273.00 Million ▼ -62 days
2023 234 days CA$1.12 Billion CA$4.77 Million/day CA$348.00 Million CA$151.00 Million ▼ -161 days
2022 395 days CA$3.13 Billion CA$7.91 Million/day CA$1.13 Billion CA$709.00 Million ▲ +42 days
2021 353 days CA$1.87 Billion CA$5.29 Million/day CA$947.00 Million CA$272.00 Million ▼ -175 days
2020 529 days CA$1.35 Billion CA$2.56 Million/day CA$703.00 Million CA$69.00 Million ▲ +226 days
2019 303 days CA$926.00 Million CA$3.06 Million/day CA$411.00 Million CA$95.00 Million ▼ -52 days
2018 355 days CA$856.00 Million CA$2.41 Million/day CA$89.00 Million CA$146.00 Million ▲ +39 days
2017 316 days CA$1.39 Billion CA$4.41 Million/day CA$314.00 Million CA$219.00 Million ▼ -35 days
2016 351 days CA$1.17 Billion CA$3.33 Million/day CA$305.00 Million CA$249.00 Million ▲ +15 days
2015 336 days CA$786.00 Million CA$2.34 Million/day CA$- CA$298.00 Million ▲ +231 days
2014 106 days CA$420.00 Million CA$3.98 Million/day CA$- CA$- ▼ -95 days
2013 201 days CA$476.00 Million CA$2.37 Million/day CA$- CA$- ▲ +42 days
2012 159 days CA$603.00 Million CA$3.80 Million/day CA$- CA$- ▼ -128 days
2011 287 days CA$937.00 Million CA$3.26 Million/day CA$- CA$391.00 Million ▲ +70 days
2010 217 days CA$697.00 Million CA$3.21 Million/day CA$- CA$265.00 Million ▼ -45 days
2009 262 days CA$604.00 Million CA$2.31 Million/day CA$- CA$144.00 Million ▲ +128 days
2008 134 days CA$603.00 Million CA$4.50 Million/day CA$- CA$- ▲ +1 days
2007 133 days CA$546.40 Million CA$4.12 Million/day CA$- CA$- ▼ -28 days
2006 161 days CA$618.30 Million CA$3.84 Million/day CA$- CA$- ▼ -29 days
2005 190 days CA$593.40 Million CA$3.13 Million/day CA$- CA$- ▲ +67 days
2004 123 days CA$429.10 Million CA$3.49 Million/day CA$- CA$- ▼ -36 days
2003 159 days CA$410.20 Million CA$2.58 Million/day CA$- CA$- ▲ +33 days
2002 127 days CA$468.40 Million CA$3.70 Million/day CA$- CA$- ▼ -103 days
2001 230 days CA$1.14 Billion CA$4.96 Million/day CA$- CA$- ▼ -30 days
2000 259 days CA$1.47 Billion CA$5.69 Million/day CA$- CA$- ▲ +108 days
1999 151 days CA$394.70 Million CA$2.62 Million/day CA$- CA$- ▲ +7 days
1998 143 days CA$302.70 Million CA$2.11 Million/day CA$- CA$- ▼ -7 days
1997 151 days CA$331.70 Million CA$2.20 Million/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)