Transalta (TAC) Interest Coverage Ratio (2009 - 2026)
Transalta's Interest Coverage Ratio was 1.71 in Q2 2026, compared with -0.02 a year earlier and up 52.8% from the prior quarter.
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Analysis
Transalta (TAC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Transalta's Interest Coverage Ratio was 0.84 through Jun 30, 2026, up 69.2% year-over-year; for FY2025, it was 0.40, down 77.7% from FY2024.
- In earlier years, Interest Coverage Ratio was 1.81 in FY2024 (-53.4%), 3.88 in FY2023 (+108.7%), 1.86 in FY2022 and -0.93 in FY2021.
- The Q2 2026 figure marks the highest quarterly Interest Coverage Ratio since Q2 2024.
- Compared with a year earlier, Interest Coverage Ratio was higher in two of the last six quarters, with growth averaging 65.5%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q4 2025 (growth of 719.8%); the worst was Q3 2025 (a decline of 88.2%).
- Per Business Quant data, TAC's Interest Coverage Ratio in the three quarters before Q2 2026 was 1.12 (Q1 2026), 0.38 (Q4 2025) and 0.13 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vistra | 47.31 Bn | 40.51 Bn | - | 1.77 |
| 2 | AXIA Energia | 29.53 Bn | 16.46 Bn | 2.59 Bn | 3.62 |
| 3 | Nrg Energy | 20.44 Bn | 14.66 Bn | 2.01 Bn | 3.15 |
| 4 | Talen Energy | 15.08 Bn | 12.66 Bn | - | -0.34 |
| 5 | Enlight Renewable Energy | 9.24 Bn | 6.17 Bn | 117.49 Mn | 1.51 |
| 6 | Brookfield Renewable Partners | 7.56 Bn | 28.94 Bn | 927.00 Mn | 0.22 |
| 7 | Oklo | 6.87 Bn | 6.87 Bn | - | - |
| 8 | Clearway Energy | 6.33 Bn | 8.90 Bn | - | 1.10 |
| 9 | Ormat Technologies | 5.62 Bn | 4.36 Bn | 68.70 Mn | 0.78 |
| 10 | Transalta | 3.50 Bn | 2.44 Bn | 313.03 Mn | 1.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.71 |
| Mar 31, 2026 | 1.12 |
| Dec 31, 2025 | 0.38 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | -0.02 |
| Mar 31, 2025 | 1.08 |
| Dec 31, 2024 | 0.05 |
| Sep 30, 2024 | 1.10 |
| Jun 30, 2024 | 1.99 |
| Mar 31, 2024 | 4.77 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 7.39 |
| Jun 30, 2023 | 1.65 |
| Mar 31, 2023 | 5.93 |
| Dec 31, 2022 | 0.36 |
| Sep 30, 2022 | 2.68 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 3.53 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | -5.16 |
API Access
Transalta Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TAC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TAC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TAC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();