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. See net assets of Algonquin Power & Utilities Corp for net asset value and shareholders' equity analysis.
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. Also explore AQN shareholders equity momentum to track the company's year-over-year net asset growth rate.
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. For the full company profile including market capitalisation, see AQN company net worth.
| 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 | — |