TransAlta Renewables Inc. TRSWF OTC

TransAlta Renewables Inc. (TRSWF) reported total assets of $3.13B and total liabilities of $1.43B for quarter ending 2023-06-30, resulting in total equity of $1.7B.

The company held $54M in cash and short-term investments. Total debt stood at $818M, with net debt of $764M. The Debt-to-Equity (D/E) ratio was 0.48 (conservative).

Current ratio is 0.87, which may signal tight short-term liquidity. Interest coverage is 1.8x (weak).

Criteria supported by this page:

• HEALTH (33/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (55/100) — Total assets $3.13B and equity $1.7B support the company's competitive scale
• VALUE (40/100) — Debt-to-Equity 0.48 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 49/100 with 1/7 criteria passed.