TransAlta Corp (TA.TO) — Quality & forensics

As of 2026-10-12 — refreshed nightly. Closelooknet readings from an investment research diary, not ratings or advice.

The Closelooknet module scores

31 /100 composite · 7 modules · general weight set

Valuation 40
Quality 30
Growth 23
Balance sheet 9
Cash quality 39
Capital allocation 55
Momentum 34

Scores are computed nightly across the coverage universe and read relative to it — the methodology lives in the company-scoring explainer.

Financial forensics — the academic screens

0.17 Altman Z-Score

Sits in the distress zone (below 1.81). The Z-Score estimates financial-distress risk from five balance-sheet and earnings ratios.

4/9 Piotroski F-Score

Nine binary fundamental-strength checks across profitability, leverage and operating efficiency.

-2.61 Beneish M-Score

Screens reported earnings for statistical manipulation patterns — below the −1.78 manipulation-risk threshold. A screen, not an accusation.

Continue: the TA.TO chart & overview

FAQ · from the current data · as of 2026-10-12

Quick answers

What is TransAlta Corp's Closelooknet quality reading?

The composite reads 31/100 across 7 modules, as of 2026-10-12: valuation 40, quality 30, growth 23, balance sheet 9, cash quality 39, capital allocation 55, momentum 34. Closelooknet scores are research diary readings, not ratings or investment advice.

What is TransAlta Corp's Altman Z-Score?

0.17, which sits in the distress zone (below 1.81) as of 2026-10-12. The Altman Z-Score estimates financial distress risk from five balance-sheet and earnings ratios.

What is TransAlta Corp's Piotroski F-Score?

4 of 9, as of 2026-10-12. The F-Score counts nine binary fundamental-strength signals across profitability, leverage and operating efficiency.

What does TransAlta Corp's Beneish M-Score indicate?

-2.61 — below the −1.78 manipulation-risk threshold, as of 2026-10-12. The M-Score screens reported earnings for statistical manipulation patterns; it is a screen, not an accusation.

Related in the Closelooknet universe

then Utilities - Independent Power Producers, then Utilities. Scored names rank on their Closelooknet score; names without one rank on trend state — above or below their 50- and 200-day averages — never on a score they do not carry.