Transalta annual debt-to-equity ratio
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Transalta Debt-to-Equity Ratio Growth & History (TAC)
Transalta's debt-to-equity ratio was 2.57 for fiscal 2025.
View full Transalta company overviewTransalta annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 2.57 | 0.39 | +17.77% |
| 2024 | 2024-12-31 | 2.18 | −0.08 | −3.32% |
| 2023 | 2023-12-31 | 2.26 | −1.04 | −31.51% |
| 2022 | 2022-12-31 | 3.30 | 1.23 | +59.37% |
| 2021 | 2021-12-31 | 2.07 | 0.64 | +44.48% |
| 2020 | 2020-12-31 | 1.43 | 0.34 | +31.27% |
| 2019 | 2019-12-31 | 1.09 | 0.00 | +0.10% |
| 2018 | 2018-12-31 | 1.09 | −0.02 | −2.19% |
| 2017 | 2017-12-31 | 1.11 | −0.13 | −10.27% |
| 2016 | 2016-12-31 | 1.24 | — | — |
Transalta quarterly debt-to-equity ratio
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.38 | −0.48 | −16.69% |
| Q1 2026 | 2026-03-31 | 3.17 | — | — |
| Q4 2025 | 2025-12-31 | 2.57 | 0.39 | +17.77% |
| Q3 2025 | 2025-09-30 | 2.88 | — | — |
| Q2 2025 | 2025-06-30 | 2.86 | — | — |
| Q4 2024 | 2024-12-31 | 2.18 | −0.08 | −3.32% |
| Q4 2023 | 2023-12-31 | 2.26 | −1.04 | −31.51% |
| Q4 2022 | 2022-12-31 | 3.30 | 1.23 | +59.37% |
| Q4 2021 | 2021-12-31 | 2.07 | 0.64 | +44.48% |
| Q4 2020 | 2020-12-31 | 1.43 | 0.34 | +31.27% |
| Q4 2019 | 2019-12-31 | 1.09 | 0.00 | +0.10% |
| Q4 2018 | 2018-12-31 | 1.09 | −0.02 | −2.19% |
| Q4 2017 | 2017-12-31 | 1.11 | −0.13 | −10.27% |
| Q4 2016 | 2016-12-31 | 1.24 | — | — |
Transalta debt-to-equity ratio trends
Over the last five fiscal years, Transalta's debt-to-equity ratio increased from 1.43 to 2.57, a change of 1.14. The latest reported quarter, Q2 2026, shows 2.38.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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