TransAlta Renewables Inc. TRSWF OTC

TransAlta Renewables Inc. (TRSWF) generated $41M in operating cash flow for quarter ending 2023-06-30. After capital expenditures of $30M, free cash flow was $11M.

Free cash flow margin was 11.1% of revenue. Cash conversion ratio was 3.15x, indicating earnings are backed by cash.

The company returned $62M in dividends to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (33/100, Fail) — weak cash flow raises concerns about debt servicing
• MOAT (55/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was 3.15x confirms earnings are backed by real cash flow

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