Allete Inc (ALE) — Defensive Interval Ratio
Allete Inc (ALE) has a Defensive Interval Ratio of 199 days as of September 2025. Defensive assets of $224.80 Million (cash $78.70 Million, short-term investments $-, receivables $146.10 Million) cover 199 days of daily cash needs of $1.13 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Allete Inc Defensive Interval Ratio (1994–2024)
This chart shows how Allete Inc's Defensive Interval Ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 199 days, meaning defensive assets of $224.80 Million can fund 199 days of operations without new revenue. For the complete balance sheet picture, see how large is Allete Inc's balance sheet.
Annual Defensive Interval Ratio for Allete Inc (1994–2024)
The table below presents the year-by-year Defensive Interval Ratio for Allete Inc from 1994 to 2024, covering 31 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Allete Inc (ALE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 163 days | $180.90 Million | $1.11 Million/day | $32.80 Million | $- | ▼ -39 days |
| 2023 | 202 days | $209.10 Million | $1.03 Million/day | $71.90 Million | $- | ▲ +113 days |
| 2022 | 89 days | $174.30 Million | $1.96 Million/day | $36.40 Million | $- | ▼ -25 days |
| 2021 | 113 days | $168.80 Million | $1.49 Million/day | $45.10 Million | $- | ▼ -250 days |
| 2020 | 363 days | $457.20 Million | $1.26 Million/day | $44.30 Million | $301.00 Million | ▲ +244 days |
| 2019 | 119 days | $165.70 Million | $1.39 Million/day | $69.30 Million | $- | ▼ -73 days |
| 2018 | 192 days | $213.50 Million | $1.11 Million/day | $69.10 Million | $- | ▼ -54 days |
| 2017 | 246 days | $236.60 Million | $962.19K/day | $98.90 Million | $2.60 Million | ▲ +107 days |
| 2016 | 139 days | $152.20 Million | $1.09 Million/day | $27.50 Million | $2.20 Million | ▼ -29 days |
| 2015 | 168 days | $126.80 Million | $754.52K/day | $- | $5.60 Million | ▲ +75 days |
| 2014 | 93 days | $105.70 Million | $1.14 Million/day | $- | $2.70 Million | ▼ -60 days |
| 2013 | 153 days | $96.30 Million | $630.68K/day | $- | $0.00 | ▲ +38 days |
| 2012 | 115 days | $89.00 Million | $776.44K/day | $- | $0.00 | ▼ -64 days |
| 2011 | 178 days | $79.70 Million | $446.85K/day | $- | $0.00 | ▼ -66 days |
| 2010 | 244 days | $106.20 Million | $435.34K/day | $- | $6.70 Million | ▼ -81 days |
| 2009 | 325 days | $118.50 Million | $364.66K/day | $- | $- | ▲ +140 days |
| 2008 | 185 days | $76.30 Million | $412.88K/day | $- | $- | ▼ -88 days |
| 2007 | 273 days | $102.60 Million | $375.62K/day | $- | $23.10 Million | ▼ -173 days |
| 2006 | 446 days | $175.40 Million | $393.15K/day | $- | $104.50 Million | ▼ -152 days |
| 2005 | 598 days | $196.00 Million | $327.95K/day | $- | $116.90 Million | ▲ +207 days |
| 2004 | 391 days | $116.40 Million | $297.81K/day | $- | $30.30 Million | ▲ +111 days |
| 2003 | 280 days | $403.80 Million | $1.44 Million/day | $- | $- | ▲ +89 days |
| 2002 | 191 days | $386.20 Million | $2.02 Million/day | $- | $1.80 Million | ▼ -60 days |
| 2001 | 251 days | $484.00 Million | $1.93 Million/day | $- | $155.60 Million | ▲ +67 days |
| 2000 | 184 days | $356.50 Million | $1.94 Million/day | $- | $90.80 Million | ▲ +22 days |
| 1999 | 162 days | $176.40 Million | $1.09 Million/day | $- | $- | ▼ -3 days |
| 1998 | 165 days | $156.10 Million | $947.95K/day | $- | $- | ▼ -13 days |
| 1997 | 178 days | $158.50 Million | $890.68K/day | $- | $- | ▼ -1 days |
| 1996 | 178 days | $164.80 Million | $923.29K/day | $- | $- | ▼ -21 days |
| 1995 | 199 days | $140.30 Million | $703.56K/day | $- | $- | ▼ -26 days |
| 1994 | 225 days | $112.80 Million | $500.82K/day | $- | $- | — |