AltaGas Ltd (ALA) — Defensive Interval Ratio

Latest as of June 2026: 186 days

AltaGas Ltd (ALA) has a Defensive Interval Ratio of 186 days as of June 2026. Defensive assets of CA$1.54 Billion (cash CA$-, short-term investments CA$-, receivables CA$1.54 Billion) cover 186 days of daily cash needs of CA$8.30 Million/day.

Defensive Interval Ratio

186 days
Days of operational coverage

Defensive Assets

CA$1.54 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CA$8.30 Million
Current Liabilities ÷ 365

Current Liabilities

CA$3.03 Billion
CAD

AltaGas Ltd Defensive Interval Ratio (1998–2025)

This chart shows how AltaGas Ltd's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 186 days, meaning defensive assets of CA$1.54 Billion can fund 186 days of operations without new revenue. For the complete balance sheet picture, see AltaGas Ltd assets under control.

Annual Defensive Interval Ratio for AltaGas Ltd (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for AltaGas Ltd from 1998 to 2025, covering 28 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 ALA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 201 days CA$1.96 Billion CA$9.75 Million/day CA$99.00 Million CA$- ▲ +8 days
2024 193 days CA$1.85 Billion CA$9.59 Million/day CA$85.00 Million CA$- ▼ -25 days
2023 218 days CA$2.04 Billion CA$9.35 Million/day CA$95.00 Million CA$97.00 Million ▼ -12 days
2022 230 days CA$2.14 Billion CA$9.33 Million/day CA$53.00 Million CA$- ▲ +25 days
2021 205 days CA$1.49 Billion CA$7.28 Million/day CA$63.00 Million CA$- ▼ -8 days
2020 212 days CA$1.52 Billion CA$7.14 Million/day CA$32.00 Million CA$- ▲ +59 days
2019 153 days CA$1.31 Billion CA$8.56 Million/day CA$57.10 Million CA$- ▼ -4 days
2018 157 days CA$1.76 Billion CA$11.24 Million/day CA$101.60 Million CA$114.10 Million ▼ -44 days
2017 201 days CA$448.80 Million CA$2.23 Million/day CA$27.30 Million CA$38.60 Million ▲ +55 days
2016 146 days CA$398.20 Million CA$2.73 Million/day CA$19.00 Million CA$40.40 Million ▼ -2 days
2015 148 days CA$383.70 Million CA$2.60 Million/day CA$- CA$50.40 Million ▼ -44 days
2014 192 days CA$402.40 Million CA$2.10 Million/day CA$- CA$50.00 Million ▲ +6 days
2013 186 days CA$369.60 Million CA$1.98 Million/day CA$- CA$- ▼ -62 days
2012 248 days CA$382.61 Million CA$1.54 Million/day CA$- CA$- ▲ +98 days
2011 150 days CA$234.53 Million CA$1.56 Million/day CA$- CA$- ▼ -104 days
2010 254 days CA$225.22 Million CA$885.68K/day CA$- CA$- ▲ +160 days
2009 95 days CA$223.11 Million CA$2.36 Million/day CA$- CA$19.44 Million ▼ -136 days
2008 231 days CA$220.28 Million CA$955.02K/day CA$- CA$- ▼ -14 days
2007 245 days CA$191.88 Million CA$783.87K/day CA$- CA$- ▼ -97 days
2006 342 days CA$224.53 Million CA$656.69K/day CA$- CA$- ▲ +26 days
2005 316 days CA$220.68 Million CA$698.86K/day CA$- CA$- ▲ +89 days
2004 227 days CA$187.06 Million CA$825.57K/day CA$- CA$- ▼ -144 days
2003 371 days CA$88.46 Million CA$238.56K/day CA$- CA$- ▲ +103 days
2002 267 days CA$99.00 Million CA$370.18K/day CA$- CA$- ▲ +106 days
2001 161 days CA$64.14 Million CA$398.51K/day CA$- CA$- ▼ -242 days
2000 403 days CA$102.17 Million CA$253.47K/day CA$- CA$- ▲ +25 days
1999 378 days CA$41.50 Million CA$109.86K/day CA$- CA$- ▼ -1 days
1998 379 days CA$29.80 Million CA$78.63K/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)