AltaGas Ltd (ALA) — Financial Flexibility Index

Latest as of March 2026: 0.06x

AltaGas Ltd (ALA) has a Financial Flexibility Index of 0.06x as of March 2026. Free cash flow of CA$1.01 Billion (operating CF CA$574.00 Million minus capex CA$433.00 Million) represents 0% of total liabilities (CA$17.50 Billion). Also explore net asset growth rate of AltaGas Ltd to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$1.01 Billion
Operating CF − Capex

Total Liabilities

CA$17.50 Billion
CAD

Capital Expenditures

CA$433.00 Million
CAD

AltaGas Ltd Financial Flexibility Index (1998–2025)

Historical Financial Flexibility Index trend for AltaGas Ltd across 28 annual periods. Check ALA strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for AltaGas Ltd (1998–2025)

Year-by-year free cash flow to debt coverage for AltaGas Ltd. For the full company profile including market capitalisation, see ALA stock market capitalisation.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.16x CA$2.81 Billion CA$1.24 Billion CA$17.22 Billion ▼ -4.8%
2024 0.17x CA$2.93 Billion CA$1.54 Billion CA$17.05 Billion ▲ +29.8%
2023 0.13x CA$2.06 Billion CA$1.12 Billion CA$15.61 Billion ▲ +44.4%
2022 0.09x CA$1.50 Billion CA$539.00 Million CA$16.35 Billion ▼ -17.4%
2021 0.11x CA$1.55 Billion CA$738.00 Million CA$13.99 Billion ▼ -4.8%
2020 0.12x CA$1.62 Billion CA$773.00 Million CA$13.87 Billion ▼ -25.8%
2019 0.16x CA$1.95 Billion CA$615.50 Million CA$12.43 Billion ▲ +161.8%
2018 0.06x CA$949.90 Million CA$-78.60 Million CA$15.85 Billion ▼ -68.9%
2017 0.19x CA$1.04 Billion CA$545.20 Million CA$5.39 Billion ▲ +8.9%
2016 0.18x CA$987.80 Million CA$456.20 Million CA$5.59 Billion ▼ -9.5%
2015 0.20x CA$1.15 Billion CA$501.20 Million CA$5.90 Billion ▼ -6.0%
2014 0.21x CA$1.01 Billion CA$457.70 Million CA$4.84 Billion ▲ +1.3%
2013 0.21x CA$914.03 Million CA$366.34 Million CA$4.45 Billion ▼ -17.0%
2012 0.25x CA$967.82 Million CA$146.36 Million CA$3.91 Billion ▼ -19.3%
2011 0.31x CA$668.44 Million CA$209.85 Million CA$2.18 Billion ▲ +30.6%
2010 0.23x CA$361.81 Million CA$192.58 Million CA$1.54 Billion ▼ -14.3%
2009 0.27x CA$433.13 Million CA$184.15 Million CA$1.58 Billion ▼ -5.4%
2008 0.29x CA$349.37 Million CA$205.45 Million CA$1.21 Billion ▼ -28.3%
2007 0.40x CA$248.34 Million CA$183.28 Million CA$615.11 Million ▲ +6.5%
2006 0.38x CA$219.90 Million CA$146.86 Million CA$580.16 Million ▲ +34.4%
2005 0.28x CA$166.28 Million CA$112.31 Million CA$589.74 Million ▼ -27.3%
2004 0.39x CA$242.49 Million CA$147.71 Million CA$625.08 Million ▲ +53.3%
2003 0.25x CA$140.71 Million CA$96.47 Million CA$555.93 Million ▼ -40.2%
2002 0.42x CA$234.02 Million CA$75.28 Million CA$552.94 Million ▲ +33.5%
2001 0.32x CA$142.24 Million CA$45.40 Million CA$448.79 Million ▲ +373.8%
2000 0.07x CA$21.54 Million CA$21.54 Million CA$322.07 Million ▼ -90.1%
1999 0.68x CA$134.60 Million CA$24.00 Million CA$199.10 Million ▼ -42.5%
1998 1.18x CA$228.10 Million CA$9.50 Million CA$194.10 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities