TransAlta Renewables Stock

TransAlta Renewables ROA 2024

TransAlta Renewables ROA

0.02

Ticker

RNW.TO

ISIN

CA8934631091

In 2024, TransAlta Renewables's return on assets (ROA) was 0.02, a -38.63% increase from the 0.04 ROA in the previous year.

TransAlta Renewables Aktienanalyse

What does TransAlta Renewables do?

TransAlta Renewables Inc. is a Canadian company specializing in renewable energy and is the largest Canadian developer, owner, and operator of wind, water, and solar energy facilities. It was founded in 2013 as a subsidiary of TransAlta Corporation, a leading Canadian power generation company. TransAlta Renewables Inc. operates a wide range of renewable energy facilities in Canada, the United States, and Australia. The company's business model is based on operating renewable energy facilities for power generation, primarily through long-term power purchase agreements. It focuses on wind energy, followed by hydro and solar power. The company operates wind energy facilities in Canada, the US, and Australia, with a total installed capacity of 1117 MW. It also operates hydro facilities in Canada with a total installed capacity of 62 MW and solar power facilities in Canada and Australia with a total installed capacity of 20 MW. TransAlta Renewables primarily sells electricity from renewable energy sources to utility companies and large industrial customers with the goal of reducing reliance on fossil fuels and promoting sustainable energy generation. Overall, TransAlta Renewables Inc. is a significant player in the renewable energy sector and has experienced impressive growth in recent years. It specializes in wind, hydro, and solar power generation and offers long-term power purchase agreements to ensure reliable electricity supply. The company plays a key role in advancing the energy transition and shaping a sustainable future. TransAlta Renewables ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding TransAlta Renewables's Return on Assets (ROA)

TransAlta Renewables's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing TransAlta Renewables's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider TransAlta Renewables's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in TransAlta Renewables’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about TransAlta Renewables stock

What is the Return on Assets (ROA) of TransAlta Renewables this year?

The Return on Assets (ROA) of TransAlta Renewables is 0.02 undefined this year.

What was the ROA of TransAlta Renewables compared to the previous year?

The ROA of TransAlta Renewables has increased by -38.63% compared to the previous year.

What consequences do high ROA have for investors of TransAlta Renewables?

A high ROA is advantageous for investors of TransAlta Renewables, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in TransAlta Renewables?

A low ROA can be unfavorable for investors of TransAlta Renewables as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of TransAlta Renewables affect the company?

An increase in ROA of TransAlta Renewables can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of TransAlta Renewables impact the company?

A reduction in the ROA of TransAlta Renewables can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of TransAlta Renewables?

Some factors that can influence the ROA of TransAlta Renewables include revenue, operating costs, asset structure, and industry average.

Why is the ROA of TransAlta Renewables important for investors?

The ROA of TransAlta Renewables is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can TransAlta Renewables take to improve ROA?

To improve ROA, TransAlta Renewables can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does TransAlta Renewables pay?

Over the past 12 months, TransAlta Renewables paid a dividend of 0.94 CAD . This corresponds to a dividend yield of about 7.53 %. For the coming 12 months, TransAlta Renewables is expected to pay a dividend of 0.87 CAD.

What is the dividend yield of TransAlta Renewables?

The current dividend yield of TransAlta Renewables is 7.53 %.

When does TransAlta Renewables pay dividends?

TransAlta Renewables pays a quarterly dividend. This is distributed in the months of July, August, September, October.

How secure is the dividend of TransAlta Renewables?

TransAlta Renewables paid dividends every year for the past 14 years.

What is the dividend of TransAlta Renewables?

For the upcoming 12 months, dividends amounting to 0.87 CAD are expected. This corresponds to a dividend yield of 6.94 %.

In which sector is TransAlta Renewables located?

TransAlta Renewables is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von TransAlta Renewables kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TransAlta Renewables from 9/29/2023 amounting to 0.078 CAD, you needed to have the stock in your portfolio before the ex-date on 9/14/2023.

When did TransAlta Renewables pay the last dividend?

The last dividend was paid out on 9/29/2023.

What was the dividend of TransAlta Renewables in the year 2023?

In the year 2023, TransAlta Renewables distributed 0.94 CAD as dividends.

In which currency does TransAlta Renewables pay out the dividend?

The dividends of TransAlta Renewables are distributed in CAD.

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Andere Kennzahlen von TransAlta Renewables

Our stock analysis for TransAlta Renewables Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TransAlta Renewables Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.