AltaGas Ltd (ALA) — Financial Flexibility Index
AltaGas Ltd (ALA) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of CA$901.00 Million (operating CF CA$490.00 Million minus capex CA$411.00 Million) represents 0% of total liabilities (CA$17.43 Billion). Check ALA capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
AltaGas Ltd Financial Flexibility Index (1998–2025)
Historical Financial Flexibility Index trend for AltaGas Ltd across 28 annual periods. For the full cash flow conversion analysis, see AltaGas Ltd (ALA) cash flow conversion.
Annual Financial Flexibility Index for AltaGas Ltd (1998–2025)
Year-by-year free cash flow to debt coverage for AltaGas Ltd. Explore how well can AltaGas Ltd service its debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |