TransAlta Corp (TA) - Net Assets

Latest as of March 2026: CA$1.48 Billion CAD ≈ $1.07 Billion USD

Based on the latest financial reports, TransAlta Corp (TA) has net assets worth CA$1.48 Billion CAD (≈ $1.07 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$8.79 Billion ≈ $6.36 Billion USD) and total liabilities (CA$7.31 Billion ≈ $5.29 Billion USD). 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. Check TransAlta Corp tangible equity quality to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$1.48 Billion
% of Total Assets 16.8%
Annual Growth Rate -0.65%
5-Year Change -43.5%
10-Year Change -68.58%
Growth Volatility 13.44

TransAlta Corp - Net Assets Trend (1997–2025)

This chart illustrates how TransAlta Corp's net assets have evolved over time, based on quarterly financial data. See how many days can TransAlta Corp fund operations to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for TransAlta Corp (1997–2025)

The table below shows the annual net assets of TransAlta Corp from 1997 to 2025. For live valuation and market cap data, see TA stock market capitalisation.

Year Net Assets Change
2025-12-31 CA$1.47 Billion
≈ $1.06 Billion		 -20.51%
2024-12-31 CA$1.84 Billion
≈ $1.33 Billion		 +10.76%
2023-12-31 CA$1.66 Billion
≈ $1.20 Billion		 -16.34%
2022-12-31 CA$1.99 Billion
≈ $1.44 Billion		 -23.29%
2021-12-31 CA$2.59 Billion
≈ $1.88 Billion		 -24.53%
2020-12-31 CA$3.44 Billion
≈ $2.49 Billion		 -15.41%
2019-12-31 CA$4.06 Billion
≈ $2.94 Billion		 -1.74%
2018-12-31 CA$4.13 Billion
≈ $2.99 Billion		 -5.72%
2017-12-31 CA$4.38 Billion
≈ $3.17 Billion		 -5.96%
2016-12-31 CA$4.66 Billion
≈ $3.37 Billion		 +6.22%
2015-12-31 CA$4.39 Billion
≈ $3.18 Billion		 +13.20%
2014-12-31 CA$3.88 Billion
≈ $2.81 Billion		 +13.29%
2013-12-31 CA$3.42 Billion
≈ $2.48 Billion		 +2.49%
2012-12-31 CA$3.34 Billion
≈ $2.42 Billion		 -7.91%
2011-12-31 CA$3.63 Billion
≈ $2.62 Billion		 +0.42%
2010-12-31 CA$3.61 Billion
≈ $2.61 Billion		 +6.02%
2009-12-31 CA$3.41 Billion
≈ $2.46 Billion		 +14.39%
2008-12-31 CA$2.98 Billion
≈ $2.15 Billion		 +6.57%
2007-12-31 CA$2.79 Billion
≈ $2.02 Billion		 -5.67%
2006-12-31 CA$2.96 Billion
≈ $2.14 Billion		 -4.47%
2005-12-31 CA$3.10 Billion
≈ $2.24 Billion		 +0.41%
2004-12-31 CA$3.09 Billion
≈ $2.23 Billion		 +5.13%
2003-12-31 CA$2.94 Billion
≈ $2.13 Billion		 +27.62%
2002-12-31 CA$2.30 Billion
≈ $1.67 Billion		 +1.40%
2001-12-31 CA$2.27 Billion
≈ $1.64 Billion		 +2.71%
2000-12-31 CA$2.21 Billion
≈ $1.60 Billion		 -0.10%
1999-12-31 CA$2.21 Billion
≈ $1.60 Billion		 -6.17%
1998-12-31 CA$2.36 Billion
≈ $1.71 Billion		 +34.21%
1997-12-31 CA$1.76 Billion
≈ $1.27 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 516.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock CA$3.17 Billion 226.52%
Other Comprehensive Income CA$-24.00 Million -1.72%
Other Components CA$984.00 Million 70.34%
Total Equity CA$1.40 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
Imeik Technology Development Co
SHE:300896
 $4.08 Billion
MakeMyTrip Limited
F:MY1
 $4.08 Billion
Dun & Bradstreet Holdings Inc.
NYSE:DNB
 $4.08 Billion
Steadfast Group Ltd
AU:SDF
 $4.08 Billion
Liberty Oilfield Services Inc
NYSE:LBRT
 $4.08 Billion
Flughafen Wien Aktiengesellschaft
VI:FLU
 $4.08 Billion
Asseco Poland S.A.
WAR:ACP
 $4.08 Billion
Cadence Bancorp
NYSE:CADE
 $4.08 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 2024 to 2025, total equity changed from 1,746,000,000 to 1,399,000,000, a change of -347,000,000 (-19.9%).
  • Net loss of 138,000,000 reduced equity.
  • Dividend payments of 126,000,000 reduced retained earnings.
  • Share repurchases of 24,000,000 reduced equity.
  • New share issuances of 3,000,000 increased equity.
  • Other comprehensive income decreased equity by 65,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-138.00 Million -9.86%
Dividends Paid CA$126.00 Million -9.01%
Share Repurchases CA$24.00 Million -1.72%
Share Issuances CA$3.00 Million +0.21%
Other Comprehensive Income CA$-65.00 Million -4.65%
Other Changes CA$3.00 Million +0.21%
Total Change CA$- -19.87%

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: 4.02x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 1.90x to 4.02x 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 CA$9.98 CA$18.94 x
1998-12-31 CA$11.50 CA$18.94 x
1999-12-31 CA$10.83 CA$18.94 x
2000-12-31 CA$11.60 CA$18.94 x
2001-12-31 CA$10.87 CA$18.94 x
2002-12-31 CA$12.03 CA$18.94 x
2003-12-31 CA$13.28 CA$18.94 x
2004-12-31 CA$12.83 CA$18.94 x
2005-12-31 CA$12.92 CA$18.94 x
2006-12-31 CA$12.09 CA$18.94 x
2007-12-31 CA$11.38 CA$18.94 x
2008-12-31 CA$12.61 CA$18.94 x
2009-12-31 CA$14.57 CA$18.94 x
2010-12-31 CA$14.51 CA$18.94 x
2011-12-31 CA$14.73 CA$18.94 x
2012-12-31 CA$12.81 CA$18.94 x
2013-12-31 CA$11.01 CA$18.94 x
2014-12-31 CA$12.03 CA$18.94 x
2015-12-31 CA$12.00 CA$18.94 x
2016-12-31 CA$12.19 CA$18.94 x
2017-12-31 CA$11.55 CA$18.94 x
2018-12-31 CA$10.44 CA$18.94 x
2019-12-31 CA$10.46 CA$18.94 x
2020-12-31 CA$8.55 CA$18.94 x
2021-12-31 CA$5.84 CA$18.94 x
2022-12-31 CA$4.10 CA$18.94 x
2023-12-31 CA$5.57 CA$18.94 x
2024-12-31 CA$5.78 CA$18.94 x
2025-12-31 CA$4.71 CA$18.94 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): -9.86%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.74%
  • • Asset Turnover: 0.28x
  • • Equity Multiplier: 6.19x
  • Recent ROE (-9.86%) is below the historical average (4.48%), suggesting potential challenges in 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 CA$23.17 Million
1998 11.40% 12.77% 0.31x 2.91x CA$25.89 Million
1999 10.44% 18.61% 0.17x 3.23x CA$8.04 Million
2000 14.95% 10.44% 0.37x 3.90x CA$96.86 Million
2001 11.44% 4.62% 0.63x 3.96x CA$28.73 Million
2002 10.34% 12.23% 0.23x 3.64x CA$6.84 Million
2003 10.45% 10.25% 0.30x 3.42x CA$11.14 Million
2004 6.88% 6.00% 0.35x 3.29x CA$-77.07 Million
2005 7.82% 7.00% 0.37x 3.04x CA$-55.51 Million
2006 1.85% 1.61% 0.37x 3.07x CA$-197.89 Million
2007 13.43% 11.13% 0.39x 3.12x CA$78.95 Million
2008 9.39% 7.58% 0.40x 3.11x CA$-15.42 Million
2009 6.18% 6.53% 0.28x 3.33x CA$-111.90 Million
2010 6.89% 7.77% 0.28x 3.11x CA$-98.70 Million
2011 9.33% 11.45% 0.27x 2.99x CA$-21.90 Million
2012 -20.43% -27.83% 0.23x 3.14x CA$-916.00 Million
2013 -1.14% -1.44% 0.23x 3.37x CA$-323.60 Million
2014 5.54% 6.94% 0.27x 2.99x CA$-146.40 Million
2015 0.65% 0.97% 0.21x 3.26x CA$-314.10 Million
2016 4.81% 7.05% 0.22x 3.13x CA$-182.10 Million
2017 -4.81% -6.94% 0.22x 3.10x CA$-492.60 Million
2018 -6.61% -8.80% 0.24x 3.15x CA$-497.70 Million
2019 2.77% 3.49% 0.25x 3.21x CA$-214.10 Million
2020 -12.20% -13.66% 0.22x 4.14x CA$-522.20 Million
2021 -33.94% -19.74% 0.29x 5.83x CA$-695.20 Million
2022 4.50% 1.68% 0.28x 9.68x CA$-61.00 Million
2023 45.22% 20.72% 0.39x 5.63x CA$541.30 Million
2024 13.12% 8.05% 0.30x 5.44x CA$54.40 Million
2025 -9.86% -5.74% 0.28x 6.19x CA$-277.90 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: $1,044,103,513
  • Average return on equity (ROE) among peers: -58.49%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
TransAlta Corp (TA) CA$1.48 Billion 11.45% 4.95x $4.08 Billion
Capital Power Corporation (CPX) $3.10 Billion 4.03% 1.78x $8.23 Billion
Digi Power X Inc. (DGX) $29.25 Million -74.83% 0.44x $179.06 Million
Maxim Power Corp. (MXG) $2.06 Million -104.66% 0.17x $202.40 Million

About TransAlta Corp

TO:TA Canada Utilities - Independent Power Producers
Market Cap
$4.08 Billion
CA$5.64 Billion CAD
Market Cap Rank
#4143 Global
#138 in Canada
Share Price
CA$18.94
Change (1 day)
-0.42%
52-Week Range
CA$14.26 - CA$24.79
All Time High
CA$24.79
Categories
Companies in Canada Utilities - Independent Power Producers
About

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) located in Alberta and Canada. The Wind and Solar segment has a net ownership interest of approximately 2,587 MW located in Alberta, Canada, … Read more