AltaGas Ltd Net Asset Quality Index
AltaGas Ltd net asset quality index. AltaGas Ltd (ALA) has a Net Asset Quality Index of 37.1% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$27.71 Billion minus total liabilities of CA$17.43 Billion yields net assets of CA$10.28 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check ALA operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of AltaGas Ltd (1998–2025)
Net asset quality index of AltaGas Ltd from 1998 to 2025. This chart shows how AltaGas Ltd's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the index stands at 37.1%, representing net assets of CA$10.28 Billion against total assets of CA$27.71 Billion CAD. See ALA net asset value for net asset value and shareholders' equity analysis.
AltaGas Ltd Net Asset Quality Index by Year (1998–2025)
AltaGas Ltd net asset quality index by year from 1998 to 2025. The table below presents the year-by-year Net Asset Quality Index for AltaGas Ltd from 1998 to 2025, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For live market cap and overall valuation, see AltaGas Ltd market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 35.7% | CA$9.55 Billion | CA$26.77 Billion | CA$17.22 Billion | ▲ +1.0 pp |
| 2024 | 34.7% | CA$9.05 Billion | CA$26.09 Billion | CA$17.05 Billion | ▲ +1.2 pp |
| 2023 | 33.5% | CA$7.86 Billion | CA$23.47 Billion | CA$15.61 Billion | ▲ +1.7 pp |
| 2022 | 31.8% | CA$7.62 Billion | CA$23.96 Billion | CA$16.35 Billion | ▼ -3.4 pp |
| 2021 | 35.2% | CA$7.60 Billion | CA$21.59 Billion | CA$13.99 Billion | ▼ -0.4 pp |
| 2020 | 35.6% | CA$7.66 Billion | CA$21.53 Billion | CA$13.87 Billion | ▼ -1.6 pp |
| 2019 | 37.2% | CA$7.37 Billion | CA$19.79 Billion | CA$12.43 Billion | ▲ +4.7 pp |
| 2018 | 32.5% | CA$7.64 Billion | CA$23.49 Billion | CA$15.85 Billion | ▼ -13.7 pp |
| 2017 | 46.2% | CA$4.64 Billion | CA$10.03 Billion | CA$5.39 Billion | ▲ +1.0 pp |
| 2016 | 45.2% | CA$4.62 Billion | CA$10.20 Billion | CA$5.59 Billion | ▲ +3.6 pp |
| 2015 | 41.6% | CA$4.20 Billion | CA$10.10 Billion | CA$5.90 Billion | ▼ -0.9 pp |
| 2014 | 42.5% | CA$3.57 Billion | CA$8.41 Billion | CA$4.84 Billion | ▲ +3.6 pp |
| 2013 | 38.9% | CA$2.83 Billion | CA$7.28 Billion | CA$4.45 Billion | ▲ +5.0 pp |
| 2012 | 33.8% | CA$2.00 Billion | CA$5.91 Billion | CA$3.91 Billion | ▼ -4.6 pp |
| 2011 | 38.5% | CA$1.36 Billion | CA$3.54 Billion | CA$2.18 Billion | ▼ -5.6 pp |
| 2010 | 44.0% | CA$1.21 Billion | CA$2.75 Billion | CA$1.54 Billion | ▲ +4.1 pp |
| 2009 | 39.9% | CA$1.05 Billion | CA$2.63 Billion | CA$1.58 Billion | ▼ -4.4 pp |
| 2008 | 44.3% | CA$957.44 Million | CA$2.16 Billion | CA$1.21 Billion | ▼ -4.5 pp |
| 2007 | 48.7% | CA$584.69 Million | CA$1.20 Billion | CA$615.11 Million | ▲ +1.0 pp |
| 2006 | 47.7% | CA$529.42 Million | CA$1.11 Billion | CA$580.16 Million | ▲ +2.9 pp |
| 2005 | 44.8% | CA$478.59 Million | CA$1.07 Billion | CA$589.74 Million | ▲ +1.2 pp |
| 2004 | 43.6% | CA$483.51 Million | CA$1.11 Billion | CA$625.08 Million | ▲ +4.1 pp |
| 2003 | 39.5% | CA$363.33 Million | CA$919.26 Million | CA$555.93 Million | ▲ +1.7 pp |
| 2002 | 37.8% | CA$336.26 Million | CA$889.20 Million | CA$552.94 Million | ▲ +1.1 pp |
| 2001 | 36.7% | CA$260.20 Million | CA$709.00 Million | CA$448.79 Million | ▼ -6.9 pp |
| 2000 | 43.6% | CA$249.35 Million | CA$571.42 Million | CA$322.07 Million | ▼ -10.0 pp |
| 1999 | 53.6% | CA$230.10 Million | CA$429.20 Million | CA$199.10 Million | ▲ +13.7 pp |
| 1998 | 39.9% | CA$128.80 Million | CA$322.90 Million | CA$194.10 Million | — |