ATCO Ltd. (ACO-Y) - Net Assets

Latest as of September 2025: CA$8.86 Billion CAD ≈ $6.41 Billion USD

Based on the latest financial reports, ATCO Ltd. (ACO-Y) has net assets worth CA$8.86 Billion CAD (≈ $6.41 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$27.74 Billion ≈ $20.07 Billion USD) and total liabilities (CA$18.88 Billion ≈ $13.66 Billion USD). 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. Check ACO-Y asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$8.86 Billion
% of Total Assets 31.93%
Annual Growth Rate 6.63%
5-Year Change 10.97%
10-Year Change 26.36%
Growth Volatility 6.0

ATCO Ltd. - Net Assets Trend (1999–2024)

This chart illustrates how ATCO Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of ATCO Ltd. for the complete picture of this company's asset base.

Annual Net Assets for ATCO Ltd. (1999–2024)

The table below shows the annual net assets of ATCO Ltd. from 1999 to 2024. For live valuation and market cap data, see ACO-Y market cap overview.

Year Net Assets Change
2024-12-31 CA$8.71 Billion
≈ $6.30 Billion		 +2.49%
2023-12-31 CA$8.50 Billion
≈ $6.15 Billion		 +1.85%
2022-12-31 CA$8.34 Billion
≈ $6.04 Billion		 +4.97%
2021-12-31 CA$7.95 Billion
≈ $5.75 Billion		 +1.27%
2020-12-31 CA$7.85 Billion
≈ $5.68 Billion		 -0.11%
2019-12-31 CA$7.86 Billion
≈ $5.68 Billion		 +5.59%
2018-12-31 CA$7.44 Billion
≈ $5.38 Billion		 +2.97%
2017-12-31 CA$7.23 Billion
≈ $5.23 Billion		 +0.39%
2016-12-31 CA$7.20 Billion
≈ $5.21 Billion		 +4.44%
2015-12-31 CA$6.89 Billion
≈ $4.99 Billion		 +9.76%
2014-12-31 CA$6.28 Billion
≈ $4.54 Billion		 +4.44%
2013-12-31 CA$6.01 Billion
≈ $4.35 Billion		 +22.31%
2012-12-31 CA$4.92 Billion
≈ $3.56 Billion		 +5.43%
2011-12-31 CA$4.66 Billion
≈ $3.37 Billion		 +0.38%
2010-12-31 CA$4.65 Billion
≈ $3.36 Billion		 +9.57%
2009-12-31 CA$4.24 Billion
≈ $3.07 Billion		 +9.52%
2008-12-31 CA$3.87 Billion
≈ $2.80 Billion		 +8.74%
2007-12-31 CA$3.56 Billion
≈ $2.58 Billion		 +6.93%
2006-12-31 CA$3.33 Billion
≈ $2.41 Billion		 +4.24%
2005-12-31 CA$3.19 Billion
≈ $2.31 Billion		 +4.52%
2004-12-31 CA$3.06 Billion
≈ $2.21 Billion		 +6.68%
2003-12-31 CA$2.86 Billion
≈ $2.07 Billion		 +11.59%
2002-12-31 CA$2.57 Billion
≈ $1.86 Billion		 +25.68%
2001-12-31 CA$2.04 Billion
≈ $1.48 Billion		 +7.69%
2000-12-31 CA$1.90 Billion
≈ $1.37 Billion		 +8.31%
1999-12-31 CA$1.75 Billion
≈ $1.27 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to ATCO Ltd.'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 626.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CA$4.42 Billion 95.49%
Common Stock CA$191.00 Million 4.12%
Other Comprehensive Income CA$1.00 Million 0.02%
Other Components CA$17.00 Million 0.37%
Total Equity CA$4.63 Billion 100.00%

ATCO Ltd. Competitors by Market Cap

The table below lists competitors of ATCO Ltd. ranked by their market capitalization.

Company Market Cap
Tibet Tourism Co Ltd
SHG:600749
 $539.37 Million
Djerriwarrh Investments Ltd
AU:DJW
 $539.37 Million
Cheng Uei Precision Industry Co Ltd
TW:2392
 $539.52 Million
Jahen Household Products Co. Ltd.
SHE:300955
 $539.56 Million
Shenzhen Emperor Technology Co Ltd
SHE:300546
 $539.10 Million
Aneka Gas Industri Tbk PT
JK:AGII
 $539.08 Million
Olympic Steel Inc
NASDAQ:ZEUS
 $538.98 Million
NRJ Group
PA:NRG
 $538.93 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in ATCO Ltd.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,423,000,000 to 4,632,000,000, a change of 209,000,000 (4.7%).
  • Net income of 430,000,000 contributed positively to equity growth.
  • Dividend payments of 220,000,000 reduced retained earnings.
  • New share issuances of 3,000,000 increased equity.
  • Other comprehensive income decreased equity by 5,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CA$430.00 Million +9.28%
Dividends Paid CA$220.00 Million -4.75%
Share Issuances CA$3.00 Million +0.06%
Other Comprehensive Income CA$-5.00 Million -0.11%
Other Changes CA$1.00 Million +0.02%
Total Change CA$- 4.73%

Book Value vs Market Value Analysis

This analysis compares ATCO Ltd.'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: 1.45x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 9.78x to 1.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 CA$6.13 CA$60.00 x
2000-12-31 CA$6.84 CA$60.00 x
2001-12-31 CA$7.55 CA$60.00 x
2002-12-31 CA$9.88 CA$60.00 x
2003-12-31 CA$10.63 CA$60.00 x
2004-12-31 CA$11.59 CA$60.00 x
2005-12-31 CA$12.23 CA$60.00 x
2006-12-31 CA$13.18 CA$60.00 x
2007-12-31 CA$14.64 CA$60.00 x
2008-12-31 CA$16.50 CA$60.00 x
2009-12-31 CA$17.30 CA$60.00 x
2010-12-31 CA$18.98 CA$60.00 x
2011-12-31 CA$18.67 CA$60.00 x
2012-12-31 CA$20.48 CA$60.00 x
2013-12-31 CA$24.76 CA$60.00 x
2014-12-31 CA$27.44 CA$60.00 x
2015-12-31 CA$29.11 CA$60.00 x
2016-12-31 CA$30.88 CA$60.00 x
2017-12-31 CA$31.29 CA$60.00 x
2018-12-31 CA$32.71 CA$60.00 x
2019-12-31 CA$34.86 CA$60.00 x
2020-12-31 CA$35.32 CA$60.00 x
2021-12-31 CA$35.92 CA$60.00 x
2022-12-31 CA$38.30 CA$60.00 x
2023-12-31 CA$39.01 CA$60.00 x
2024-12-31 CA$41.25 CA$60.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently ATCO Ltd. 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): 9.28%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.70%
  • • Asset Turnover: 0.18x
  • • Equity Multiplier: 5.77x
  • Recent ROE (9.28%) is below the historical average (11.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 13.53% 4.24% 0.48x 6.63x CA$26.28 Million
2000 13.71% 3.66% 0.53x 7.07x CA$30.47 Million
2001 13.65% 3.31% 0.64x 6.40x CA$33.24 Million
2002 13.64% 5.10% 0.50x 5.36x CA$43.52 Million
2003 10.22% 3.34% 0.60x 5.13x CA$2.84 Million
2004 11.43% 4.76% 0.48x 5.05x CA$19.94 Million
2005 10.06% 5.21% 0.38x 5.04x CA$890.00K
2006 13.08% 7.24% 0.37x 4.87x CA$48.79 Million
2007 14.55% 8.64% 0.36x 4.64x CA$78.48 Million
2008 14.13% 8.31% 0.38x 4.51x CA$79.32 Million
2009 14.10% 9.11% 0.31x 4.95x CA$82.34 Million
2010 13.23% 8.50% 0.34x 4.63x CA$71.51 Million
2011 15.12% 8.19% 0.32x 5.76x CA$110.70 Million
2012 15.63% 9.22% 0.28x 6.05x CA$133.30 Million
2013 14.62% 9.59% 0.27x 5.60x CA$132.00 Million
2014 13.26% 9.22% 0.26x 5.58x CA$103.20 Million
2015 4.59% 3.73% 0.22x 5.68x CA$-181.60 Million
2016 9.59% 8.41% 0.21x 5.56x CA$-14.60 Million
2017 6.10% 4.76% 0.21x 6.06x CA$-140.30 Million
2018 8.74% 6.71% 0.21x 6.22x CA$-47.50 Million
2019 12.83% 10.90% 0.22x 5.43x CA$113.00 Million
2020 6.22% 6.39% 0.18x 5.48x CA$-153.20 Million
2021 5.98% 5.74% 0.19x 5.60x CA$-165.10 Million
2022 8.46% 7.43% 0.21x 5.52x CA$-67.60 Million
2023 9.77% 9.11% 0.19x 5.73x CA$-10.30 Million
2024 9.28% 8.70% 0.18x 5.77x CA$-33.20 Million

Industry Comparison

This section compares ATCO Ltd.'s net assets metrics with peer companies in the Utilities - Diversified industry.

Industry Context

  • Industry: Utilities - Diversified
  • Average net assets among peers: $4,894,628,350
  • Average return on equity (ROE) among peers: 6.24%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
ATCO Ltd. (ACO-Y) CA$8.86 Billion 13.53% 2.13x $539.28 Million
ATCO Ltd (ACO-X) $8.50 Billion 5.08% 1.98x $4.98 Billion
Algonquin Power & Utilities Corp (AQN) $412.51 Million 8.32% 0.53x $4.77 Billion
Brookfield Infrastructure Partners L.P (BIP-UN) $7.81 Billion 1.02% 1.53x $16.36 Billion
Canadian Utilities Limited (CU) $2.86 Billion 10.54% 1.38x $7.20 Billion

About ATCO Ltd.

TO:ACO-Y Canada Utilities - Diversified
Market Cap
$539.28 Million
CA$745.50 Million CAD
Market Cap Rank
#12137 Global
#348 in Canada
Share Price
CA$60.00
Change (1 day)
-0.86%
52-Week Range
CA$48.86 - CA$65.00
All Time High
CA$65.00
Categories
Companies in Canada Utilities - Diversified
About

ATCO Ltd., together with its subsidiaries, engages in the energy, logistics and transportation, shelter, and real estate services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, storage and industrial water solutions, and clean fuels; a… Read more