AltaGas Ltd (ALA) — 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. Read AltaGas Ltd (ALA) total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
AltaGas Ltd Net Asset Quality Index Over Time (1998–2025)
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. For live market cap and overall valuation, see ALA company net worth.
Annual Net Asset Quality Index for AltaGas Ltd (1998–2025)
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. Check AltaGas Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| 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 | — |