TransAlta Renewables Inc.

TransAlta Renewables Inc.verified

RNW.TO

Price:

$12.48

Market Cap:

$3.33B

TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. The company operates through Canadian Wind, Canadian Hydro, Canadian Gas, US Wind and Solar, US Gas, and Australian Gas segments. As of February 24, 2022, it owned and operated 26 wind facilities, 13 hydroelectric facilities, 8 natural gas generation facilities, 2 solar facilities, 1 natural gas pipeline, and 1 battery storage project comprising 2,968 megawatts of net generating capacity located in the provinces of British Columbia, Alberta, Ontario, Québec, New Brunswick, the States of Pennsylvania, New Hampshire, Wyoming, Massachusetts, Michigan, Minnesota, Washington, North Carolina, and the Stat...[Read more]

Industry

Renewable Utilities

IPO Date

2013-08-09

Stock Exchange

TSX

Ticker

RNW.TO

The Current Ratio as of September 2024 (TTM) for TransAlta Renewables Inc. (RNW.TO) is 0.87

According to TransAlta Renewables Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.87. This represents a change of 3.82% compared to the average of 0.84 of the last 4 quarters.

TransAlta Renewables Inc. (RNW.TO) Historical Current Ratio (quarterly & annually)

How has RNW.TO Current Ratio performed in the past?

The mean historical Current Ratio of TransAlta Renewables Inc. over the last ten years is 0.89. The current 0.87 Current Ratio has changed 9.70% with respect to the historical average. Over the past ten years (40 quarters), RNW.TO's Current Ratio was at its highest in in the June 2019 quarter at 2.10. The Current Ratio was at its lowest in in the June 2017 quarter at 0.14.

Quarterly (TTM)
Annual

Average

0.89

Median

0.66

Minimum

0.20

Maximum

2.04

TransAlta Renewables Inc. (RNW.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TransAlta Renewables Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 286.03%

Maximum Annual Current Ratio = 2.04

Minimum Annual Increase = -87.99%

Minimum Annual Current Ratio = 0.20

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.788.16%
20210.73-64.48%
20202.045.89%
20191.9322.60%
20181.57286.03%
20170.41100.66%
20160.20-48.06%
20150.3955.14%
20140.25-57.34%
20130.59-87.99%

TransAlta Renewables Inc. (RNW.TO) Average Current Ratio

How has RNW.TO Current Ratio performed in the past?

The current Current Ratio of TransAlta Renewables Inc. (RNW.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.18

5-year avg

1.41

10-year avg

0.89

TransAlta Renewables Inc. (RNW.TO) Current Ratio vs. Peers

How is RNW.TO’s Current Ratio compared to its peers?

TransAlta Renewables Inc.’s Current Ratio is less than Algonquin Power & Utilities Corp. (0.97), greater than Northland Power Inc. (0.86), greater than Brookfield Renewable Partners L.P. (0.52), less than Capital Power Corporation (0.88), less than Canadian Utilities Limited (1.29),

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