AltaGas Ltd (ALA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, AltaGas Ltd (ALA) has a cash flow conversion efficiency ratio of 0.058x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$574.00 Million ≈ $415.22 Million USD) by net assets (CA$9.86 Billion ≈ $7.14 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AltaGas Ltd (ALA) balance sheet quality index to measure how much of total assets are equity-financed.
AltaGas Ltd - Cash Flow Conversion Efficiency Trend (1998–2025)
This chart illustrates how AltaGas Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check AltaGas Ltd (ALA) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
AltaGas Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AltaGas Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangxi Copper Co Ltd Class A
SHG:600362
|
0.037x |
|
Sharetronic Data Technology Co Ltd
SHE:300857
|
0.047x |
|
WILMAR INTL ADR/10 SD-50
F:RTH
|
N/A |
|
United States Steel Corporation
NYSE:X
|
-0.023x |
|
Kinsus Interconnect Technology Corp
TW:3189
|
0.039x |
|
GAIL (India) Limited
NSE:GAIL
|
0.065x |
|
Julius Baer Gruppe AG
SW:BAER
|
0.767x |
|
American Homes 4 Rent
NYSE:AMH
|
0.028x |
Annual Cash Flow Conversion Efficiency for AltaGas Ltd (1998–2025)
The table below shows the annual cash flow conversion efficiency of AltaGas Ltd from 1998 to 2025. For the full company profile with market capitalisation and key ratios, see market value of AltaGas Ltd.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$9.55 Billion ≈ $6.91 Billion |
CA$1.24 Billion ≈ $893.38 Million |
0.129x | -23.92% |
| 2024-12-31 | CA$9.05 Billion ≈ $6.54 Billion |
CA$1.54 Billion ≈ $1.11 Billion |
0.170x | +19.26% |
| 2023-12-31 | CA$7.86 Billion ≈ $5.69 Billion |
CA$1.12 Billion ≈ $810.91 Million |
0.143x | +101.50% |
| 2022-12-31 | CA$7.62 Billion ≈ $5.51 Billion |
CA$539.00 Million ≈ $389.90 Million |
0.071x | -27.13% |
| 2021-12-31 | CA$7.60 Billion ≈ $5.50 Billion |
CA$738.00 Million ≈ $533.86 Million |
0.097x | -3.77% |
| 2020-12-31 | CA$7.66 Billion ≈ $5.54 Billion |
CA$773.00 Million ≈ $559.18 Million |
0.101x | +20.80% |
| 2019-12-31 | CA$7.37 Billion ≈ $5.33 Billion |
CA$615.50 Million ≈ $445.24 Million |
0.084x | +911.92% |
| 2018-12-31 | CA$7.64 Billion ≈ $5.53 Billion |
CA$-78.60 Million ≈ $-56.86 Million |
-0.010x | -108.75% |
| 2017-12-31 | CA$4.64 Billion ≈ $3.36 Billion |
CA$545.20 Million ≈ $394.39 Million |
0.118x | +18.90% |
| 2016-12-31 | CA$4.62 Billion ≈ $3.34 Billion |
CA$456.20 Million ≈ $330.01 Million |
0.099x | -17.11% |
| 2015-12-31 | CA$4.20 Billion ≈ $3.04 Billion |
CA$501.20 Million ≈ $362.56 Million |
0.119x | -6.88% |
| 2014-12-31 | CA$3.57 Billion ≈ $2.59 Billion |
CA$457.70 Million ≈ $331.09 Million |
0.128x | -1.09% |
| 2013-12-31 | CA$2.83 Billion ≈ $2.05 Billion |
CA$366.34 Million ≈ $265.01 Million |
0.129x | +76.91% |
| 2012-12-31 | CA$2.00 Billion ≈ $1.45 Billion |
CA$146.36 Million ≈ $105.87 Million |
0.073x | -52.50% |
| 2011-12-31 | CA$1.36 Billion ≈ $985.35 Million |
CA$209.85 Million ≈ $151.81 Million |
0.154x | -3.12% |
| 2010-12-31 | CA$1.21 Billion ≈ $876.04 Million |
CA$192.58 Million ≈ $139.31 Million |
0.159x | -9.42% |
| 2009-12-31 | CA$1.05 Billion ≈ $758.73 Million |
CA$184.15 Million ≈ $133.21 Million |
0.176x | -18.18% |
| 2008-12-31 | CA$957.44 Million ≈ $692.60 Million |
CA$205.45 Million ≈ $148.62 Million |
0.215x | -31.55% |
| 2007-12-31 | CA$584.69 Million ≈ $422.95 Million |
CA$183.28 Million ≈ $132.58 Million |
0.313x | +13.00% |
| 2006-12-31 | CA$529.42 Million ≈ $382.97 Million |
CA$146.86 Million ≈ $106.24 Million |
0.277x | +18.21% |
| 2005-12-31 | CA$478.59 Million ≈ $346.20 Million |
CA$112.31 Million ≈ $81.24 Million |
0.235x | -23.18% |
| 2004-12-31 | CA$483.51 Million ≈ $349.77 Million |
CA$147.71 Million ≈ $106.85 Million |
0.305x | +15.05% |
| 2003-12-31 | CA$363.33 Million ≈ $262.83 Million |
CA$96.47 Million ≈ $69.78 Million |
0.266x | +18.60% |
| 2002-12-31 | CA$336.26 Million ≈ $243.25 Million |
CA$75.28 Million ≈ $54.46 Million |
0.224x | +28.31% |
| 2001-12-31 | CA$260.20 Million ≈ $188.23 Million |
CA$45.40 Million ≈ $32.84 Million |
0.174x | +101.95% |
| 2000-12-31 | CA$249.35 Million ≈ $180.37 Million |
CA$21.54 Million ≈ $15.58 Million |
0.086x | -17.17% |
| 1999-12-31 | CA$230.10 Million ≈ $166.45 Million |
CA$24.00 Million ≈ $17.36 Million |
0.104x | +41.41% |
| 1998-12-31 | CA$128.80 Million ≈ $93.17 Million |
CA$9.50 Million ≈ $6.87 Million |
0.074x | -- |
About AltaGas Ltd
AltaGas Ltd. operates as an energy infrastructure company in North America. It operates through the Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, and rate-regulated natural gas distribution and storage utilities for residential and commercial customers. This segment also offers storage facilities and contracts for interstate natural gas tra… Read more