ATGPF
AltaGas Ltd. operates as an energy infrastructure company in North America. The company operates through Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, rate-regulated natural gas distribution and storage utilities in Maryland, Virginia, Delaware, Pennsylvania, Ohio, and the District of Columbia serving approximately 1.6 million customers. Th… Read more
ATGPF (ATGPF) - Net Assets
Latest net assets as of June 2025: $9.08 Billion USD
Based on the latest financial reports, ATGPF (ATGPF) has net assets worth $9.08 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($25.27 Billion) and total liabilities ($16.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.08 Billion |
| % of Total Assets | 35.91% |
| Annual Growth Rate | 4.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 6.31 |
ATGPF - Net Assets Trend (2020–2024)
This chart illustrates how ATGPF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ATGPF (2020–2024)
The table below shows the annual net assets of ATGPF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $9.05 Billion | +15.05% |
| 2023-12-31 | $7.86 Billion | +3.22% |
| 2022-12-31 | $7.62 Billion | +0.22% |
| 2021-12-31 | $7.60 Billion | -0.78% |
| 2020-12-31 | $7.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to ATGPF's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 60000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $9.34 Billion | 106.76% |
| Total Equity | $8.75 Billion | 100.00% |
ATGPF Competitors by Market Cap
The table below lists competitors of ATGPF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grupo Bimbo S.A.B. De C.V.
PINK:GRBMF
|
$4.11 Billion |
|
HLB Co. Ltd
KQ:028300
|
$4.11 Billion |
|
DAWUF
PINK:DAWUF
|
$4.12 Billion |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
$4.12 Billion |
|
Rational AG
LSE:0FRJ
|
$4.11 Billion |
|
GLOBALFOUNDR. INC. DL-02
F:76J
|
$4.11 Billion |
|
Lonza Group AG
PINK:LZAGY
|
$4.11 Billion |
|
Chailease Holding Co Ltd
TW:5871
|
$4.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ATGPF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,713,000,000 to 8,752,000,000, a change of 1,039,000,000 (13.5%).
- Net income of 596,000,000 contributed positively to equity growth.
- Dividend payments of 371,000,000 reduced retained earnings.
- Other factors increased equity by 814,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $596.00 Million | +6.81% |
| Dividends Paid | $371.00 Million | -4.24% |
| Other Changes | $814.00 Million | +9.3% |
| Total Change | $- | 13.47% |
Book Value vs Market Value Analysis
This analysis compares ATGPF's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.47x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $25.19 | $13.85 | x |
| 2021-12-31 | $24.79 | $13.85 | x |
| 2022-12-31 | $26.48 | $13.85 | x |
| 2023-12-31 | $26.15 | $13.85 | x |
| 2024-12-31 | $29.38 | $13.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ATGPF utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.79%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.98x
- Recent ROE (6.81%) is below the historical average (6.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 7.84% | 9.88% | 0.26x | 3.06x | $-152.10 Million |
| 2021 | 4.07% | 2.68% | 0.49x | 3.11x | $-411.90 Million |
| 2022 | 7.01% | 3.71% | 0.59x | 3.21x | $-222.60 Million |
| 2023 | 8.73% | 5.18% | 0.55x | 3.04x | $-98.30 Million |
| 2024 | 6.81% | 4.79% | 0.48x | 2.98x | $-279.20 Million |
Industry Comparison
This section compares ATGPF's net assets metrics with peer companies in the Oil & Gas Midstream industry.
Industry Context
- Industry: Oil & Gas Midstream
- Average net assets among peers: $493,441,354
- Average return on equity (ROE) among peers: 2446.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ATGPF (ATGPF) | $9.08 Billion | 7.84% | 1.78x | $4.11 Billion |
| Antero Midstream Partners LP (AM) | $142.86 Million | 0.00% | 0.21x | $7.58 Billion |
| AltaGas Ltd (ATGFF) | $2.83 Billion | 7.11% | 1.57x | $8.06 Billion |
| Avance Gas Holding Ltd (AVACF) | $603.79 Million | 27.09% | 0.91x | $7.70K |
| CBL International Limited Ordinary Shares (BANL) | $12.11 Million | 30.42% | 1.11x | $3.17 Million |
| BP Prudhoe Bay Royalty Trust (BPT) | $863.00K | 22418.66% | 0.16x | $2.99 Million |
| Brooge Holdings Ltd (BROG) | $78.49 Million | 16.31% | 4.83x | $32.39 Million |
| Brooge Energy Limited (BROGW) | $56.77 Million | -85.14% | 7.56x | $5.67K |
| Willow Biosciences Inc (CANSF) | $1.10 Million | -405.25% | 0.17x | $2.85 Million |
| Cool Company Ltd (CLCO) | $715.51 Million | 11.75% | 1.88x | $145.96 Million |