TransAlta Corp
TransAlta Corporation engages in the development, production, and sale of electric energy. It operates through Hydro, Wind and Solar, Gas, Energy Transition, and Energy Marketing segments. The Hydro segment holds interest of approximately 922 megawatts (MW) of owned hydroelectric generating capacity located in Alberta, British Columbia, and Ontario. The Wind and Solar segment has a net ownership … Read more
TransAlta Corp (TAC) - Net Assets
Latest net assets as of September 2025: $1.61 Billion USD
Based on the latest financial reports, TransAlta Corp (TAC) has net assets worth $1.61 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($8.89 Billion) and total liabilities ($7.28 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.61 Billion |
| % of Total Assets | 18.13% |
| Annual Growth Rate | 0.18% |
| 5-Year Change | -46.36% |
| 10-Year Change | -58.02% |
| Growth Volatility | 13.07 |
TransAlta Corp - Net Assets Trend (1997–2024)
This chart illustrates how TransAlta Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TransAlta Corp (1997–2024)
The table below shows the annual net assets of TransAlta Corp from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.84 Billion | +10.76% |
| 2023-12-31 | $1.66 Billion | -16.34% |
| 2022-12-31 | $1.99 Billion | -23.29% |
| 2021-12-31 | $2.59 Billion | -24.53% |
| 2020-12-31 | $3.44 Billion | -15.41% |
| 2019-12-31 | $4.06 Billion | -1.74% |
| 2018-12-31 | $4.13 Billion | -5.72% |
| 2017-12-31 | $4.38 Billion | -5.96% |
| 2016-12-31 | $4.66 Billion | +6.22% |
| 2015-12-31 | $4.39 Billion | +13.20% |
| 2014-12-31 | $3.88 Billion | +13.29% |
| 2013-12-31 | $3.42 Billion | +2.49% |
| 2012-12-31 | $3.34 Billion | -7.91% |
| 2011-12-31 | $3.63 Billion | +0.42% |
| 2010-12-31 | $3.61 Billion | +6.02% |
| 2009-12-31 | $3.41 Billion | +14.39% |
| 2008-12-31 | $2.98 Billion | +6.57% |
| 2007-12-31 | $2.79 Billion | -5.67% |
| 2006-12-31 | $2.96 Billion | -4.47% |
| 2005-12-31 | $3.10 Billion | +0.41% |
| 2004-12-31 | $3.09 Billion | +5.13% |
| 2003-12-31 | $2.94 Billion | +27.62% |
| 2002-12-31 | $2.30 Billion | +1.40% |
| 2001-12-31 | $2.27 Billion | +2.71% |
| 2000-12-31 | $2.21 Billion | -0.10% |
| 1999-12-31 | $2.21 Billion | -6.17% |
| 1998-12-31 | $2.36 Billion | +34.21% |
| 1997-12-31 | $1.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TransAlta Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 475.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.18 Billion | 182.07% |
| Other Comprehensive Income | $41.00 Million | 2.35% |
| Other Components | $984.00 Million | 56.36% |
| Total Equity | $1.75 Billion | 100.00% |
TransAlta Corp Competitors by Market Cap
The table below lists competitors of TransAlta Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Oracle Corporation Japan
PINK:OCLCF
|
$3.09 Billion |
|
Kinaxis Inc
PINK:KXSCF
|
$3.09 Billion |
|
Seek Ltd
AU:SEK
|
$3.09 Billion |
|
JBS SA
OTCQX:JBSAY
|
$3.10 Billion |
|
PENNON GROUP NEW LS-6105
F:3PN
|
$3.09 Billion |
|
Nissin Foods Holdings Co.Ltd
F:NF2
|
$3.09 Billion |
|
Sega Sammy Holdings Inc
PINK:SGAMF
|
$3.09 Billion |
|
Terns Pharmaceuticals Inc
NASDAQ:TERN
|
$3.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TransAlta Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,537,000,000 to 1,746,000,000, a change of 209,000,000 (13.6%).
- Net income of 229,000,000 contributed positively to equity growth.
- Dividend payments of 123,000,000 reduced retained earnings.
- Share repurchases of 143,000,000 reduced equity.
- New share issuances of 12,000,000 increased equity.
- Other comprehensive income increased equity by 205,000,000.
- Other factors increased equity by 29,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $229.00 Million | +13.12% |
| Dividends Paid | $123.00 Million | -7.04% |
| Share Repurchases | $143.00 Million | -8.19% |
| Share Issuances | $12.00 Million | +0.69% |
| Other Comprehensive Income | $205.00 Million | +11.74% |
| Other Changes | $29.00 Million | +1.66% |
| Total Change | $- | 13.60% |
Book Value vs Market Value Analysis
This analysis compares TransAlta Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.26x to 2.13x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $9.98 | $12.55 | x |
| 1998-12-31 | $11.50 | $12.55 | x |
| 1999-12-31 | $10.83 | $12.55 | x |
| 2000-12-31 | $11.60 | $12.55 | x |
| 2001-12-31 | $10.87 | $12.55 | x |
| 2002-12-31 | $12.03 | $12.55 | x |
| 2003-12-31 | $13.28 | $12.55 | x |
| 2004-12-31 | $12.83 | $12.55 | x |
| 2005-12-31 | $12.92 | $12.55 | x |
| 2006-12-31 | $12.09 | $12.55 | x |
| 2007-12-31 | $11.38 | $12.55 | x |
| 2008-12-31 | $12.61 | $12.55 | x |
| 2009-12-31 | $14.57 | $12.55 | x |
| 2010-12-31 | $14.51 | $12.55 | x |
| 2011-12-31 | $14.73 | $12.55 | x |
| 2012-12-31 | $12.81 | $12.55 | x |
| 2013-12-31 | $11.01 | $12.55 | x |
| 2014-12-31 | $12.03 | $12.55 | x |
| 2015-12-31 | $12.00 | $12.55 | x |
| 2016-12-31 | $12.19 | $12.55 | x |
| 2017-12-31 | $11.55 | $12.55 | x |
| 2018-12-31 | $10.44 | $12.55 | x |
| 2019-12-31 | $10.46 | $12.55 | x |
| 2020-12-31 | $8.55 | $12.55 | x |
| 2021-12-31 | $5.84 | $12.55 | x |
| 2022-12-31 | $4.10 | $12.55 | x |
| 2023-12-31 | $5.57 | $12.55 | x |
| 2024-12-31 | $5.90 | $12.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TransAlta Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.05%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 5.44x
- Recent ROE (13.12%) is above the historical average (5.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 11.45% | 10.83% | 0.35x | 3.06x | $23.17 Million |
| 1998 | 11.40% | 12.77% | 0.31x | 2.91x | $25.89 Million |
| 1999 | 10.44% | 18.61% | 0.17x | 3.23x | $8.04 Million |
| 2000 | 14.95% | 10.44% | 0.37x | 3.90x | $96.86 Million |
| 2001 | 11.44% | 4.62% | 0.63x | 3.96x | $28.73 Million |
| 2002 | 10.34% | 12.23% | 0.23x | 3.64x | $6.84 Million |
| 2003 | 10.45% | 10.25% | 0.30x | 3.42x | $11.14 Million |
| 2004 | 6.88% | 6.00% | 0.35x | 3.29x | $-77.07 Million |
| 2005 | 7.82% | 7.00% | 0.37x | 3.04x | $-55.51 Million |
| 2006 | 1.85% | 1.61% | 0.37x | 3.07x | $-197.89 Million |
| 2007 | 13.43% | 11.13% | 0.39x | 3.12x | $78.95 Million |
| 2008 | 9.39% | 7.58% | 0.40x | 3.11x | $-15.42 Million |
| 2009 | 6.18% | 6.53% | 0.28x | 3.33x | $-111.90 Million |
| 2010 | 6.89% | 7.77% | 0.28x | 3.11x | $-98.70 Million |
| 2011 | 9.33% | 11.45% | 0.27x | 2.99x | $-21.90 Million |
| 2012 | -19.37% | -25.77% | 0.24x | 3.14x | $-884.00 Million |
| 2013 | -1.14% | -1.44% | 0.23x | 3.37x | $-323.60 Million |
| 2014 | 5.54% | 6.94% | 0.27x | 2.99x | $-146.40 Million |
| 2015 | 0.65% | 0.97% | 0.21x | 3.26x | $-314.10 Million |
| 2016 | 4.81% | 7.05% | 0.22x | 3.13x | $-182.10 Million |
| 2017 | -4.81% | -6.94% | 0.22x | 3.10x | $-492.60 Million |
| 2018 | -6.61% | -8.80% | 0.24x | 3.15x | $-497.70 Million |
| 2019 | 2.77% | 3.49% | 0.25x | 3.21x | $-214.10 Million |
| 2020 | -12.20% | -13.66% | 0.22x | 4.14x | $-522.20 Million |
| 2021 | -33.94% | -19.74% | 0.29x | 5.83x | $-695.20 Million |
| 2022 | 4.50% | 1.68% | 0.28x | 9.68x | $-61.00 Million |
| 2023 | 45.22% | 20.72% | 0.39x | 5.63x | $541.30 Million |
| 2024 | 13.12% | 8.05% | 0.30x | 5.44x | $54.40 Million |
Industry Comparison
This section compares TransAlta Corp's net assets metrics with peer companies in the Utilities - Independent Power Producers industry.
Industry Context
- Industry: Utilities - Independent Power Producers
- Average net assets among peers: $8,322,665,380
- Average return on equity (ROE) among peers: -32.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TransAlta Corp (TAC) | $1.61 Billion | 11.45% | 4.52x | $3.09 Billion |
| AGL Energy Ltd (AGLXY) | $6.52 Billion | 6.30% | 1.16x | $3.74 Billion |
| Constellation Energy Corp (CEG) | $15.83 Billion | 7.11% | 2.10x | $104.28 Billion |
| CGN New Energy Holdings Co. Ltd (CGEGF) | $1.69 Billion | 15.85% | 3.95x | $289.43 Million |
| CGN Power Co. Ltd (CGNWF) | $24.05 Billion | 6.27% | 1.61x | $3.13 Billion |
| Capital Power Corporation (CPXWF) | $2.93 Billion | 4.64% | 2.04x | $4.85 Billion |
| Centrica plc (CPYYF) | $1.64 Billion | -9.44% | 5.75x | $8.61 Billion |
| China Resources Power Holdings Company Limited (CRPJF) | $30.16 Billion | 5.69% | 1.64x | $5.01 Billion |
| Digihost Technology Inc (DGHI) | $10.44 Million | -49.70% | 0.58x | $32.68 Million |
| Digi Power X Inc. (DGXX) | $9.18 Million | -315.50% | 0.74x | $63.31 Million |
| Energy World Corporation Ltd (EWCLF) | $390.67 Million | 5.31% | 0.59x | $5.35 Million |