AltaGas (ALA1N) Ratios
AltaGas Ratios
MX:ALA1N's free cash flow for Q3 2026 was $-392.00M. For the 2026 fiscal year, MX:ALA1N's free cash flow was decreased by $-514.00M and operating cash flow was $122.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 0.82 | 0.81 | 0.89 | 1.36 | 0.99 |
| Quick Ratio | 0.64 | 0.61 | 0.64 | 1.02 | 0.69 |
| Cash Ratio | 0.03 | 0.02 | 0.03 | 0.02 | 0.02 |
| Solvency Ratio | 0.07 | 0.06 | 0.07 | 0.06 | 0.05 |
| Operating Cash Flow Ratio | 0.35 | 0.44 | 0.33 | 0.16 | 0.28 |
| Short-Term Operating Cash Flow Coverage | 1.76 | 1.77 | 0.99 | 0.87 | 1.09 |
| Net Current Asset Value | $ -14.31B | $ -14.23B | $ -12.56B | $ -11.71B | $ -11.37B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.39 | 0.40 | 0.42 | 0.42 | 0.40 |
| Debt-to-Equity Ratio | 1.18 | 1.21 | 1.28 | 1.36 | 1.25 |
| Debt-to-Capital Ratio | 0.54 | 0.55 | 0.56 | 0.58 | 0.56 |
| Long-Term Debt-to-Capital Ratio | 0.51 | 0.51 | 0.52 | 0.55 | 0.53 |
| Financial Leverage Ratio | 3.00 | 2.98 | 3.04 | 3.21 | 3.11 |
| Debt Service Coverage Ratio | 1.52 | 1.12 | 0.97 | 1.41 | 1.37 |
| Interest Coverage Ratio | 2.51 | 2.26 | 1.88 | 3.74 | 3.35 |
| Debt to Market Cap | 0.78 | 0.99 | 1.20 | 1.50 | 1.09 |
| Interest Debt Per Share | 36.59 | 37.14 | 36.42 | 37.37 | 32.09 |
| Net Debt to EBITDA | 5.18 | 6.47 | 5.75 | 6.84 | 6.13 |
| Profitability Margins | |||||
| Gross Profit Margin | 24.07% | 22.19% | 17.55% | 19.51% | 23.12% |
| EBIT Margin | 11.91% | 9.17% | 9.70% | 7.18% | 9.23% |
| EBITDA Margin | 16.07% | 13.02% | 13.21% | 10.28% | 13.26% |
| Operating Profit Margin | 9.32% | 8.25% | 5.75% | 8.57% | 8.65% |
| Pretax Profit Margin | 8.20% | 5.99% | 7.07% | 4.97% | 4.19% |
| Net Profit Margin | 6.12% | 4.79% | 5.22% | 3.63% | 2.66% |
| Continuous Operations Profit Margin | 6.21% | 4.88% | 5.34% | 3.98% | 3.20% |
| Net Income Per EBT | 74.64% | 79.89% | 73.79% | 73.04% | 63.45% |
| EBT Per EBIT | 88.02% | 72.64% | 122.91% | 58.02% | 48.48% |
| Return on Assets (ROA) | 2.87% | 2.28% | 2.87% | 2.18% | 1.31% |
| Return on Equity (ROE) | 8.61% | 6.81% | 8.73% | 7.01% | 4.07% |
| Return on Capital Employed (ROCE) | 5.04% | 4.55% | 3.70% | 6.00% | 4.86% |
| Return on Invested Capital (ROIC) | 3.68% | 3.55% | 2.63% | 4.64% | 3.56% |
| Return on Tangible Assets | 3.62% | 2.94% | 3.73% | 2.82% | 1.74% |
| Earnings Yield | 6.10% | 6.00% | 8.56% | 7.96% | 3.70% |
| Efficiency Ratios | |||||
| Receivables Turnover | 6.73 | 7.05 | 6.99 | 6.88 | 7.45 |
| Payables Turnover | 4.20 | 4.71 | 5.71 | 6.16 | 5.35 |
| Inventory Turnover | 15.05 | 14.33 | 12.55 | 10.11 | 10.45 |
| Fixed Asset Turnover | 0.79 | 0.82 | 0.99 | 1.20 | 0.91 |
| Asset Turnover | 0.47 | 0.48 | 0.55 | 0.60 | 0.49 |
| Working Capital Turnover Ratio | -18.83 | -23.73 | 29.88 | 24.03 | -148.73 |
| Cash Conversion Cycle | -8.53 | -0.26 | 17.32 | 29.84 | 15.63 |
| Days of Sales Outstanding | 54.22 | 51.78 | 52.20 | 53.02 | 48.98 |
| Days of Inventory Outstanding | 24.25 | 25.47 | 29.08 | 36.10 | 34.91 |
| Days of Payables Outstanding | 86.99 | 77.51 | 63.96 | 59.29 | 68.27 |
| Operating Cycle | 78.46 | 77.26 | 81.27 | 89.13 | 83.90 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 4.11 | 5.18 | 3.97 | 1.92 | 2.64 |
| Free Cash Flow Per Share | -1.14 | 0.50 | 0.63 | -1.49 | -0.27 |
| Dividend Paid and CapEx Coverage Ratio | 0.62 | 0.87 | 0.87 | 0.42 | 0.63 |
| Capital Expenditure Coverage Ratio | 0.78 | 1.11 | 1.19 | 0.56 | 0.91 |
| Operating Cash Flow Coverage Ratio | 0.12 | 0.15 | 0.11 | 0.05 | 0.08 |
| Operating Cash Flow to Sales Ratio | 0.10 | 0.12 | 0.09 | 0.04 | 0.07 |
| Free Cash Flow Yield | -2.73% | 1.50% | 2.26% | -6.38% | -0.99% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 16.88 | 17.17 | 11.68 | 12.56 | 27.01 |
| Price-to-Sales (P/S) Ratio | 1.00 | 0.80 | 0.61 | 0.46 | 0.72 |
| Price-to-Book (P/B) Ratio | 1.41 | 1.14 | 1.02 | 0.88 | 1.10 |
| Price-to-Free Cash Flow (P/FCF) Ratio | -36.59 | 66.69 | 44.15 | -15.68 | -100.58 |
| Price-to-Operating Cash Flow Ratio | 10.19 | 6.46 | 7.01 | 12.19 | 10.36 |
| Price-to-Earnings Growth (PEG) Ratio | 0.62 | -1.22 | 0.20 | 0.17 | -0.51 |
| Enterprise Value Multiple | 11.42 | 12.60 | 10.36 | 11.28 | 11.55 |
| Enterprise Value | 23.03B | 20.42B | 17.64B | 16.69B | 16.29B |
| EV to EBITDA | 11.42 | 12.60 | 10.36 | 11.28 | 11.55 |
| EV to Sales | 1.84 | 1.64 | 1.37 | 1.16 | 1.53 |
| EV to Free Cash Flow | -66.95 | 137.04 | 99.12 | -39.83 | -214.33 |
| EV to Operating Cash Flow | 18.65 | 13.28 | 15.74 | 30.96 | 22.07 |
| Tangible Book Value Per Share | 13.26 | 10.84 | 8.67 | 7.86 | 8.07 |
| Shareholders’ Equity Per Share | 29.64 | 29.49 | 27.34 | 26.53 | 24.83 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.18 | 0.24 | 0.20 | 0.24 |
| Revenue Per Share | 41.72 | 41.94 | 45.71 | 51.22 | 37.99 |
| Net Income Per Share | 2.55 | 2.01 | 2.39 | 1.86 | 1.01 |
| Tax Burden | 0.75 | 0.80 | 0.74 | 0.73 | 0.63 |
| Interest Burden | 0.69 | 0.65 | 0.73 | 0.69 | 0.45 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.15 | -0.01 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.61 | 2.53 | 1.67 | 0.94 | 2.17 |
Currency in CAD
