AltaGas Ltd (ALA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, AltaGas Ltd (ALA) has a cash flow conversion efficiency ratio of 0.004x as of September 2025. 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$34.00 Million) by net assets (CA$9.09 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
AltaGas Ltd - Cash Flow Conversion Efficiency Trend (1998–2024)
This chart illustrates how AltaGas Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
Invesco Plc
NYSE:IVZ
|
0.035x |
|
Avidity Biosciences, Inc
NASDAQ:RNAM
|
-0.101x |
|
Guardant Health Inc
NASDAQ:GH
|
0.142x |
|
DraftKings Inc
NASDAQ:DKNG
|
0.508x |
|
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
PR:MOL
|
0.003x |
|
Pro Medicus Ltd
AU:PME
|
0.178x |
|
Smurfit Kappa Group PLC
F:SK3
|
0.061x |
|
Wisetech Global Ltd
AU:WTC
|
0.127x |
Annual Cash Flow Conversion Efficiency for AltaGas Ltd (1998–2024)
The table below shows the annual cash flow conversion efficiency of AltaGas Ltd from 1998 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | CA$9.05 Billion | CA$1.54 Billion | 0.170x | +19.26% |
| 2023-12-31 | CA$7.86 Billion | CA$1.12 Billion | 0.143x | +101.50% |
| 2022-12-31 | CA$7.62 Billion | CA$539.00 Million | 0.071x | -27.13% |
| 2021-12-31 | CA$7.60 Billion | CA$738.00 Million | 0.097x | -3.77% |
| 2020-12-31 | CA$7.66 Billion | CA$773.00 Million | 0.101x | +20.80% |
| 2019-12-31 | CA$7.37 Billion | CA$615.50 Million | 0.084x | +911.92% |
| 2018-12-31 | CA$7.64 Billion | CA$-78.60 Million | -0.010x | -108.75% |
| 2017-12-31 | CA$4.64 Billion | CA$545.20 Million | 0.118x | +18.90% |
| 2016-12-31 | CA$4.62 Billion | CA$456.20 Million | 0.099x | -17.11% |
| 2015-12-31 | CA$4.20 Billion | CA$501.20 Million | 0.119x | -6.88% |
| 2014-12-31 | CA$3.57 Billion | CA$457.70 Million | 0.128x | -1.09% |
| 2013-12-31 | CA$2.83 Billion | CA$366.34 Million | 0.129x | +76.91% |
| 2012-12-31 | CA$2.00 Billion | CA$146.36 Million | 0.073x | -52.50% |
| 2011-12-31 | CA$1.36 Billion | CA$209.85 Million | 0.154x | -3.12% |
| 2010-12-31 | CA$1.21 Billion | CA$192.58 Million | 0.159x | -9.42% |
| 2009-12-31 | CA$1.05 Billion | CA$184.15 Million | 0.176x | -18.18% |
| 2008-12-31 | CA$957.44 Million | CA$205.45 Million | 0.215x | -31.55% |
| 2007-12-31 | CA$584.69 Million | CA$183.28 Million | 0.313x | +13.00% |
| 2006-12-31 | CA$529.42 Million | CA$146.86 Million | 0.277x | +18.21% |
| 2005-12-31 | CA$478.59 Million | CA$112.31 Million | 0.235x | -23.18% |
| 2004-12-31 | CA$483.51 Million | CA$147.71 Million | 0.305x | +15.05% |
| 2003-12-31 | CA$363.33 Million | CA$96.47 Million | 0.266x | +18.60% |
| 2002-12-31 | CA$336.26 Million | CA$75.28 Million | 0.224x | +28.31% |
| 2001-12-31 | CA$260.20 Million | CA$45.40 Million | 0.174x | +101.95% |
| 2000-12-31 | CA$249.35 Million | CA$21.54 Million | 0.086x | -17.17% |
| 1999-12-31 | CA$230.10 Million | CA$24.00 Million | 0.104x | +41.41% |
| 1998-12-31 | CA$128.80 Million | CA$9.50 Million | 0.074x | -- |
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