AltaGas Ltd Tangible Net Worth Ratio
AltaGas Ltd tangible net worth ratio. AltaGas Ltd (ALA) has a Tangible Net Worth Ratio of 98.8% as of June 2026. This metric is calculated by deducting intangible assets (CA$125.00 Million) from net assets (CA$10.28 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore AltaGas Ltd (ALA) equity growth momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of AltaGas Ltd (1998–2025)
Tangible net worth ratio of AltaGas Ltd from 1998 to 2025. This chart shows how AltaGas Ltd's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 98.8%, reflecting net assets of CA$10.28 Billion with intangible assets of CA$125.00 Million CAD. Check AltaGas Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
AltaGas Ltd Tangible Net Worth Ratio by Year (1998–2025)
AltaGas Ltd tangible net worth ratio by year from 1998 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for AltaGas Ltd from 1998 to 2025, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see ALA market cap.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 98.8% | CA$9.55 Billion | CA$110.00 Million | CA$26.77 Billion | ▲ +0.4 pp |
| 2024 | 98.5% | CA$9.05 Billion | CA$138.00 Million | CA$26.09 Billion | ▲ +0.4 pp |
| 2023 | 98.1% | CA$7.86 Billion | CA$148.00 Million | CA$23.47 Billion | ▲ +0.2 pp |
| 2022 | 97.9% | CA$7.62 Billion | CA$159.00 Million | CA$23.96 Billion | ▲ +0.4 pp |
| 2021 | 97.5% | CA$7.60 Billion | CA$188.00 Million | CA$21.59 Billion | ▲ +4.7 pp |
| 2020 | 92.8% | CA$7.66 Billion | CA$551.00 Million | CA$21.53 Billion | ▲ +0.8 pp |
| 2019 | 92.1% | CA$7.37 Billion | CA$585.60 Million | CA$19.79 Billion | ▲ +1.4 pp |
| 2018 | 90.7% | CA$7.64 Billion | CA$711.90 Million | CA$23.49 Billion | ▲ +3.4 pp |
| 2017 | 87.3% | CA$4.64 Billion | CA$588.80 Million | CA$10.03 Billion | ▲ +2.4 pp |
| 2016 | 85.0% | CA$4.62 Billion | CA$694.30 Million | CA$10.20 Billion | ▲ +2.4 pp |
| 2015 | 82.5% | CA$4.20 Billion | CA$735.10 Million | CA$10.10 Billion | ▼ -7.5 pp |
| 2014 | 90.0% | CA$3.57 Billion | CA$356.90 Million | CA$8.41 Billion | ▼ -3.1 pp |
| 2013 | 93.1% | CA$2.83 Billion | CA$195.26 Million | CA$7.28 Billion | ▲ +2.6 pp |
| 2012 | 90.5% | CA$2.00 Billion | CA$189.79 Million | CA$5.91 Billion | ▲ +7.6 pp |
| 2011 | 82.9% | CA$1.36 Billion | CA$232.69 Million | CA$3.54 Billion | ▼ -7.1 pp |
| 2010 | 90.0% | CA$1.21 Billion | CA$120.85 Million | CA$2.75 Billion | ▼ -10.0 pp |
| 2009 | 100.0% | CA$1.05 Billion | CA$0.00 | CA$2.63 Billion | ▲ +14.5 pp |
| 2008 | 85.5% | CA$957.44 Million | CA$138.91 Million | CA$2.16 Billion | ▲ +7.6 pp |
| 2007 | 77.9% | CA$584.69 Million | CA$129.36 Million | CA$1.20 Billion | ▼ -2.6 pp |
| 2006 | 80.5% | CA$529.42 Million | CA$103.33 Million | CA$1.11 Billion | ▲ +3.6 pp |
| 2005 | 76.8% | CA$478.59 Million | CA$110.85 Million | CA$1.07 Billion | ▼ -19.3 pp |
| 2004 | 96.1% | CA$483.51 Million | CA$18.86 Million | CA$1.11 Billion | ▲ +1.3 pp |
| 2003 | 94.8% | CA$363.33 Million | CA$18.86 Million | CA$919.26 Million | ▲ +0.4 pp |
| 2002 | 94.4% | CA$336.26 Million | CA$18.86 Million | CA$889.20 Million | ▼ -5.6 pp |
| 2001 | 100.0% | CA$260.20 Million | CA$0.00 | CA$709.00 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$249.35 Million | CA$0.00 | CA$571.42 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$230.10 Million | CA$0.00 | CA$429.20 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$128.80 Million | CA$0.00 | CA$322.90 Million | — |