TransAlta Renewables (RNW.TO) Debt Metrics
Market Cap: $3.33B
Avg Volume: 550.08K
Industry: Renewable Utilities
Sector: Utilities
How much debt does TransAlta Renewables have?
According to TransAlta Renewables's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
TransAlta Renewables's total debt stands at $790.00M. This is broken down into:
- Long-term debt: $681.00M
- Short-term debt: $109.00M
The company's net debt, which accounts for cash and cash equivalents, is $701.00M. In terms of overall financial obligations, TransAlta Renewables's total liabilities amount to $1.42B.
Debt Ratios and Metrics
To better understand TransAlta Renewables's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.45 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 24.47% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 2.78 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 27.94% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 31.03% - this indicates the total debt in the company's capital structure.
These metrics provide insight into TransAlta Renewables's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$790.00M
Long-term Debt
$681.00M
Short-term Debt
$109.00M
Net Debt
$701.00M
Total Liabilities
$1.42B
Interest Coverage
2.78
Debt to Equity Ratio
0.45
Debt Ratio
24.47%
TransAlta Renewables Historical Debt Metrics
TransAlta Renewables Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2022.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | $790.00M | $681.00M | $109.00M | $701.00M | $1.42B | 0.45 | 24.47% | 2.78 | 27.94% | 31.03% |
| 2021 | $981.00M | $550.00M | $431.00M | $737.00M | $1.63B | 0.47 | 26.17% | 2.45 | 20.96% | 32.11% |
| 2020 | $887.00M | $639.00M | $248.00M | $305.00M | $1.35B | 0.39 | 24.26% | 2.72 | 22.08% | 28.23% |
| 2019 | $961.00M | $909.00M | $52.00M | $898.00M | $1.39B | 0.42 | 25.96% | 3.27 | 28.61% | 29.76% |
| 2018 | $932.00M | $883.00M | $49.00M | $859.00M | $1.35B | 0.40 | 24.87% | 3.08 | 27.27% | 28.35% |
| 2017 | $1.04B | $793.00M | $250.00M | $1.02B | $1.43B | 0.48 | 28.75% | 3.12 | 26.84% | 32.55% |
| 2016 | $1.04B | $972.00M | $70.00M | $1.03B | $1.77B | 0.51 | 27.13% | 2.06 | 32.36% | 33.90% |
| 2015 | $797.37M | $649.31M | $148.06M | $795.13M | $1.31B | 0.40 | 23.90% | 2.73 | 24.61% | 28.61% |
| 2014 | $658.46M | $463.50M | $194.95M | $634.73M | $923.40M | 0.66 | 33.52% | 2.61 | 31.61% | 39.63% |
| 2013 | $685.11M | $646.62M | $38.49M | $665.85M | $946.58M | 0.67 | 34.02% | 3.51 | 38.62% | 40.00% |
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