RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
TransAlta Renewables Stock

TransAlta Renewables ROCE 2024

TransAlta Renewables ROCE

0.07

Ticker

RNW.TO

ISIN

CA8934631091

In 2024, TransAlta Renewables's return on capital employed (ROCE) was 0.07, a 67.55% increase from the 0.04 ROCE 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.

ROCE Details

Unraveling TransAlta Renewables's Return on Capital Employed (ROCE)

TransAlta Renewables's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing TransAlta Renewables's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

TransAlta Renewables's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in TransAlta Renewables’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about TransAlta Renewables stock

What is the ROCE (Return on Capital Employed) of TransAlta Renewables this year?

The ROCE of TransAlta Renewables is 0.07 undefined this year.

How has the ROCE (Return on Capital Employed) of TransAlta Renewables developed compared to the previous year?

The ROCE of TransAlta Renewables has increased by 67.55% increased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of TransAlta Renewables?

A high Return on Capital Employed (ROCE) indicates that TransAlta Renewables has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of TransAlta Renewables?

A low ROCE (Return on Capital Employed) can indicate that TransAlta Renewables has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from TransAlta Renewables impact the company?

An increase in the ROCE of TransAlta Renewables can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

How does a reduction in the ROCE of TransAlta Renewables affect the company?

A decrease in ROCE of TransAlta Renewables can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect TransAlta Renewables's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

Why is the ROCE of TransAlta Renewables so important for investors?

The ROCE of TransAlta Renewables is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can TransAlta Renewables take to improve the ROCE?

To improve the ROCE, TransAlta Renewables can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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.