Transalta (TAC) Interest Coverage Ratio (2009 - 2026)
Transalta (TAC) reported Interest Coverage Ratio of 1.12 for Q1 2026, down 171.8% on a YoY basis from 1.56 in Q1 2025, and down 193.15% quarter-over-quarter from 0.38 in Q4 2025.
Transalta (TAC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Transalta has reported Interest Coverage Ratio for 18 years, with the latest figure at 1.12 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 171.8% year-over-year to 1.12; the trailing twelve-month figure through Mar 2026 stood at 0.36 (up 92.6% YoY), and the FY2025 full-year result was 0.4, up 77.65% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.12, down from 0.38 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 8.36 in Q3 2023, with the low at 5.93 in Q1 2023.
- Historically, Interest Coverage Ratio has averaged 1.19 across 5 years, with a median of 0.02 in 2025.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 385.87% — and 2025, when it plunged 719.77%.
- Transalta's Interest Coverage Ratio stood at 0.32 in 2022, then increased by 25.98% to 0.23 in 2023, then surged by 80.02% to 0.05 in 2024, then sank by 719.77% to 0.38 in 2025, then slumped by 193.15% to 1.12 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.12 (Q1 2026), 0.38 (Q4 2025), and 0.13 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Transalta | 29,347,846.33 Bn | 29,347,846.17 Bn | 263.24 Mn | -1.12 |
| 2 | Kenon Holdings | 3,754,999.92 Bn | 3,755,000.22 Bn | 48.00 Mn | -0.19 |
| 3 | Vistra | 50.25 Bn | 48.56 Bn | 4.94 Bn | 5.70 |
| 4 | Nrg Energy | 26.74 Bn | 23.49 Bn | 1.40 Bn | 1.15 |
| 5 | Talen Energy | 16.64 Bn | 16.60 Bn | - | 1.76 |
| 6 | Oklo | 9.89 Bn | 9.89 Bn | - | - |
| 7 | Digi Power X | 420.60 Mn | 363.72 Mn | -801,636.00 | - |
| 8 | Transalta | - | - | 263.24 Mn | -1.12 |
| 9 | Transalta | - | - | 263.24 Mn | -1.12 |
| 10 | Transalta | - | - | 263.24 Mn | -1.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.12 |
| Dec 31, 2025 | -0.38 |
| Sep 30, 2025 | -0.13 |
| Jun 30, 2025 | 0.02 |
| Mar 31, 2025 | 1.56 |
| Dec 31, 2024 | -0.05 |
| Sep 30, 2024 | -1.10 |
| Jun 30, 2024 | 2.12 |
| Mar 31, 2024 | 5.67 |
| Dec 31, 2023 | -0.23 |
| Sep 30, 2023 | 8.36 |
| Jun 30, 2023 | 1.55 |
| Mar 31, 2023 | -5.93 |
| Dec 31, 2022 | -0.32 |
| Sep 30, 2022 | 3.40 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 6.38 |
| Sep 30, 2021 | -8.35 |
| Jun 30, 2021 | 1.28 |
| Mar 31, 2021 | 1.31 |