Algonquin Power & Utilities Corp (AQN) — Tangible Net Worth Ratio
Algonquin Power & Utilities Corp (AQN) has a Tangible Net Worth Ratio of 98.6% as of September 2025. This metric is calculated by deducting intangible assets (CA$68.70 Million) from net assets (CA$5.07 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 Algonquin Power & Utilities Corp net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Algonquin Power & Utilities Corp Tangible Net Worth Ratio (1997–2024)
This chart shows how Algonquin Power & Utilities Corp's Tangible Net Worth Ratio has changed across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 98.6%, reflecting net assets of CA$5.07 Billion with intangible assets of CA$68.70 Million CAD. For live market cap and overall valuation, see AQN stock market capitalisation.
Annual Tangible Net Worth Ratio for Algonquin Power & Utilities Corp (1997–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Algonquin Power & Utilities Corp from 1997 to 2024, 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. Explore capital reinvestment ratio of Algonquin Power & Utilities Corp to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 98.9% | CA$6.18 Billion | CA$69.14 Million | CA$16.96 Billion | ▼ -0.1 pp |
| 2023 | 99.0% | CA$6.94 Billion | CA$72.46 Million | CA$18.37 Billion | ▲ +0.3 pp |
| 2022 | 98.6% | CA$7.16 Billion | CA$96.68 Million | CA$17.63 Billion | ▲ +0.0 pp |
| 2021 | 98.6% | CA$7.70 Billion | CA$105.12 Million | CA$16.80 Billion | ▲ +0.6 pp |
| 2020 | 98.1% | CA$5.99 Billion | CA$114.91 Million | CA$13.22 Billion | ▼ -0.9 pp |
| 2019 | 99.0% | CA$4.74 Billion | CA$47.62 Million | CA$10.92 Billion | ▲ +0.4 pp |
| 2018 | 98.6% | CA$4.04 Billion | CA$54.99 Million | CA$9.40 Billion | ▲ +0.2 pp |
| 2017 | 98.5% | CA$3.35 Billion | CA$50.98 Million | CA$8.38 Billion | ▲ +1.1 pp |
| 2016 | 97.4% | CA$1.87 Billion | CA$48.35 Million | CA$6.14 Billion | ▲ +0.8 pp |
| 2015 | 96.6% | CA$1.67 Billion | CA$56.18 Million | CA$3.60 Billion | ▼ -0.4 pp |
| 2014 | 97.1% | CA$1.60 Billion | CA$46.64 Million | CA$3.54 Billion | ▲ +0.8 pp |
| 2013 | 96.3% | CA$1.38 Billion | CA$51.22 Million | CA$3.27 Billion | ▲ +0.3 pp |
| 2012 | 96.0% | CA$1.41 Billion | CA$56.97 Million | CA$2.79 Billion | ▲ +6.0 pp |
| 2011 | 90.0% | CA$541.33 Million | CA$54.13 Million | CA$1.26 Billion | ▼ -2.0 pp |
| 2010 | 92.0% | CA$348.87 Million | CA$27.76 Million | CA$980.76 Million | ▼ -2.5 pp |
| 2009 | 94.6% | CA$388.54 Million | CA$21.05 Million | CA$880.14 Million | ▲ +2.7 pp |
| 2008 | 91.9% | CA$291.22 Million | CA$23.52 Million | CA$803.72 Million | ▲ +17.7 pp |
| 2007 | 74.2% | CA$389.99 Million | CA$100.50 Million | CA$963.41 Million | ▼ -2.3 pp |
| 2006 | 76.5% | CA$408.82 Million | CA$96.07 Million | CA$899.39 Million | ▼ -6.5 pp |
| 2005 | 83.0% | CA$390.04 Million | CA$66.17 Million | CA$709.32 Million | ▼ -0.1 pp |
| 2004 | 83.1% | CA$411.99 Million | CA$69.61 Million | CA$685.36 Million | ▼ -1.5 pp |
| 2003 | 84.6% | CA$412.51 Million | CA$63.49 Million | CA$632.57 Million | ▼ -4.3 pp |
| 2002 | 88.9% | CA$350.27 Million | CA$38.83 Million | CA$459.27 Million | ▼ -11.1 pp |
| 2001 | 100.0% | CA$258.55 Million | CA$0.00 | CA$321.85 Million | ▲ +0.0 pp |
| 2000 | 100.0% | CA$146.42 Million | CA$0.00 | CA$219.07 Million | ▲ +0.0 pp |
| 1999 | 100.0% | CA$141.69 Million | CA$0.00 | CA$225.08 Million | ▲ +0.0 pp |
| 1998 | 100.0% | CA$80.55 Million | CA$0.00 | CA$87.80 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$49.88 Million | CA$0.00 | CA$54.47 Million | — |