AltaGas Ltd - Asset Resilience Ratio
AltaGas Ltd (ALA) has an Asset Resilience Ratio of 0.46% as of September 2025. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2009–2024)
This chart shows how AltaGas Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down AltaGas Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$120.00 Million | 0.46% |
| Short-term Investments | CA$0.00 | 0% |
| Total Liquid Assets | CA$120.00 Million | 0.46% |
Asset Resilience Insights
- Limited Liquidity: AltaGas Ltd maintains only 0.46% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
AltaGas Ltd Industry Peers by Asset Resilience Ratio
Compare AltaGas Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Marine Petroleum Trust
NASDAQ:MARPS |
Oil & Gas Midstream | 11894.36% |
|
Senton Energy Co. Ltd. A
SHE:001331 |
Oil & Gas Midstream | 10.97% |
|
Shaanxi Provincial Natural Gas Co Ltd
SHE:002267 |
Oil & Gas Midstream | 0.01% |
|
Zhuhai Winbase International Chemical Tank Terminal Co Ltd
SHE:002492 |
Oil & Gas Midstream | 13.78% |
|
Nanjing Tanker Corp
SHG:601975 |
Oil & Gas Midstream | 0.05% |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689 |
Oil & Gas Midstream | 0.73% |
|
Jiangxi Jovo Energy Co. Ltd
SHG:605090 |
Oil & Gas Midstream | 4.55% |
|
Shanxi Guoxin Energy Co Ltd B
SHG:900913 |
Oil & Gas Midstream | 0.11% |
Annual Asset Resilience Ratio for AltaGas Ltd (2009–2024)
The table below shows the annual Asset Resilience Ratio data for AltaGas Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 0.33% | CA$85.00 Million | CA$26.09 Billion | -0.49pp |
| 2023-12-31 | 0.82% | CA$192.00 Million | CA$23.47 Billion | +0.60pp |
| 2022-12-31 | 0.22% | CA$53.00 Million | CA$23.96 Billion | -0.07pp |
| 2021-12-31 | 0.29% | CA$63.00 Million | CA$21.59 Billion | +0.14pp |
| 2020-12-31 | 0.15% | CA$32.00 Million | CA$21.53 Billion | -0.14pp |
| 2019-12-31 | 0.29% | CA$57.10 Million | CA$19.79 Billion | -0.63pp |
| 2018-12-31 | 0.92% | CA$215.70 Million | CA$23.49 Billion | +0.26pp |
| 2017-12-31 | 0.66% | CA$65.90 Million | CA$10.03 Billion | +0.07pp |
| 2016-12-31 | 0.58% | CA$59.40 Million | CA$10.20 Billion | +0.08pp |
| 2015-12-31 | 0.50% | CA$50.40 Million | CA$10.10 Billion | -0.10pp |
| 2014-12-31 | 0.59% | CA$50.00 Million | CA$8.41 Billion | -0.14pp |
| 2009-12-31 | 0.74% | CA$19.44 Million | CA$2.63 Billion | -- |
About AltaGas Ltd
AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers. Th… Read more