Algonquin Power & Utilities Corp (AQN) — Financial Flexibility Index
Algonquin Power & Utilities Corp (AQN) has a Financial Flexibility Index of 0.11x as of September 2025. Free cash flow of CA$969.40 Million (operating CF CA$417.60 Million minus capex CA$551.80 Million) represents 0% of total liabilities (CA$8.71 Billion). Check AQN cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Algonquin Power & Utilities Corp Financial Flexibility Index (1997–2024)
Historical Financial Flexibility Index trend for Algonquin Power & Utilities Corp across 28 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Algonquin Power & Utilities Corp.
Annual Financial Flexibility Index for Algonquin Power & Utilities Corp (1997–2024)
Year-by-year free cash flow to debt coverage for Algonquin Power & Utilities Corp. Explore AQN cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.12x | CA$1.29 Billion | CA$458.59 Million | CA$10.78 Billion | ▼ -18.7% |
| 2023 | 0.15x | CA$1.68 Billion | CA$638.22 Million | CA$11.43 Billion | ▼ -7.1% |
| 2022 | 0.16x | CA$1.66 Billion | CA$600.67 Million | CA$10.47 Billion | ▼ -2.6% |
| 2021 | 0.16x | CA$1.48 Billion | CA$154.82 Million | CA$9.10 Billion | ▼ -13.4% |
| 2020 | 0.19x | CA$1.36 Billion | CA$530.84 Million | CA$7.23 Billion | ▼ -2.5% |
| 2019 | 0.19x | CA$1.19 Billion | CA$609.17 Million | CA$6.18 Billion | ▲ +8.6% |
| 2018 | 0.18x | CA$948.72 Million | CA$504.81 Million | CA$5.36 Billion | ▼ -5.6% |
| 2017 | 0.19x | CA$941.76 Million | CA$359.93 Million | CA$5.02 Billion | ▲ +55.9% |
| 2016 | 0.12x | CA$513.09 Million | CA$212.96 Million | CA$4.27 Billion | ▼ -31.3% |
| 2015 | 0.18x | CA$337.41 Million | CA$190.02 Million | CA$1.93 Billion | ▼ -39.8% |
| 2014 | 0.29x | CA$565.73 Million | CA$174.58 Million | CA$1.95 Billion | ▲ +114.9% |
| 2013 | 0.14x | CA$255.98 Million | CA$98.86 Million | CA$1.89 Billion | ▲ +34.2% |
| 2012 | 0.10x | CA$139.28 Million | CA$63.45 Million | CA$1.38 Billion | ▼ -43.8% |
| 2011 | 0.18x | CA$128.30 Million | CA$68.55 Million | CA$714.88 Million | ▲ +71.8% |
| 2010 | 0.10x | CA$65.99 Million | CA$45.17 Million | CA$631.89 Million | ▼ -11.0% |
| 2009 | 0.12x | CA$57.67 Million | CA$47.29 Million | CA$491.59 Million | ▼ -47.5% |
| 2008 | 0.22x | CA$114.58 Million | CA$72.06 Million | CA$512.50 Million | ▲ +57.8% |
| 2007 | 0.14x | CA$81.24 Million | CA$41.06 Million | CA$573.43 Million | ▼ -18.4% |
| 2006 | 0.17x | CA$85.19 Million | CA$58.62 Million | CA$490.57 Million | ▼ -9.7% |
| 2005 | 0.19x | CA$61.39 Million | CA$47.75 Million | CA$319.27 Million | ▼ -24.4% |
| 2004 | 0.25x | CA$69.52 Million | CA$55.16 Million | CA$273.37 Million | ▼ -12.2% |
| 2003 | 0.29x | CA$63.73 Million | CA$44.89 Million | CA$220.05 Million | ▲ +0.5% |
| 2002 | 0.29x | CA$31.42 Million | CA$23.10 Million | CA$109.00 Million | ▼ -10.6% |
| 2001 | 0.32x | CA$20.41 Million | CA$18.58 Million | CA$63.30 Million | ▲ +48.4% |
| 2000 | 0.22x | CA$15.79 Million | CA$15.03 Million | CA$72.65 Million | ▲ +96.9% |
| 1999 | 0.11x | CA$9.20 Million | CA$9.20 Million | CA$83.38 Million | ▼ -82.5% |
| 1998 | 0.63x | CA$4.57 Million | CA$4.57 Million | CA$7.25 Million | ▲ +358.3% |
| 1997 | 0.14x | CA$631.31K | CA$631.31K | CA$4.59 Million | — |