Algonquin Power & Utilities Corp
Algonquin Power & Utilities Corp. operates in the power and utility industries. It owns and operates a portfolio of regulated electric, water distribution and wastewater collection, and natural gas utility systems and transmission operations. As of December 31, 2025, it operated a portfolio of regulated utility systems in the United States, Canada, Bermuda, and Chile, serving approximately 1,272,… Read more
Algonquin Power & Utilities Corp (AQN) - Total Assets
Latest total assets as of September 2025: $13.79 Billion USD
Based on the latest financial reports, Algonquin Power & Utilities Corp (AQN) holds total assets worth $13.79 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Algonquin Power & Utilities Corp - Total Assets Trend (1997–2024)
This chart illustrates how Algonquin Power & Utilities Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Algonquin Power & Utilities Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Algonquin Power & Utilities Corp's total assets of $13.79 Billion consist of 6.7% current assets and 93.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.2% |
| Accounts Receivable | $422.57 Million | 2.5% |
| Inventory | $223.60 Million | 1.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $69.14 Million | 0.4% |
| Goodwill | $1.31 Billion | 7.7% |
Asset Composition Trend (1997–2024)
This chart illustrates how Algonquin Power & Utilities Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Algonquin Power & Utilities Corp's current assets represent 6.7% of total assets in 2024, an increase from 1.5% in 1997.
- Cash Position: Cash and equivalents constituted 0.2% of total assets in 2024, down from 0.5% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 7.0% of total assets, an increase from 0.0% in 1997.
- Asset Diversification: The largest asset category is goodwill at 7.7% of total assets.
Algonquin Power & Utilities Corp Competitors by Total Assets
Key competitors of Algonquin Power & Utilities Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shenyang Huitian Thermal Power Co Ltd
SHE:000692
|
China | CN¥5.27 Billion |
|
Chubu Electric Power Company Incorporated
F:0C2
|
Germany | €7.41 Trillion |
|
Malakoff Corporation Bhd
KLSE:5264
|
Malaysia | RM18.23 Billion |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
China | CN¥14.03 Billion |
|
Fujian Funeng Co Ltd
SHG:600483
|
China | CN¥53.23 Billion |
|
Xinjiang Tianfu Energy Co Ltd
SHG:600509
|
China | CN¥30.50 Billion |
|
Shenergy Co Ltd
SHG:600642
|
China | CN¥109.16 Billion |
|
Hunan Chen Dian International Development Co Ltd
SHG:600969
|
China | CN¥14.28 Billion |
Algonquin Power & Utilities Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Algonquin Power & Utilities Corp generates 0.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Algonquin Power & Utilities Corp is currently not profitable relative to its asset base.
Algonquin Power & Utilities Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.23 | 0.92 | 0.73 |
| Quick Ratio | 0.98 | 0.73 | 0.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $212.50 Million | $ -93.58 Million | $ -260.20 Million |
Algonquin Power & Utilities Corp - Advanced Valuation Insights
This section examines the relationship between Algonquin Power & Utilities Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.08 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | -7.7% |
| Total Assets | $16.96 Billion |
| Market Capitalization | $4.08 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Algonquin Power & Utilities Corp's assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Algonquin Power & Utilities Corp's assets decreased by 7.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Algonquin Power & Utilities Corp (1997–2024)
The table below shows the annual total assets of Algonquin Power & Utilities Corp from 1997 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $16.96 Billion | -7.69% |
| 2023-12-31 | $18.37 Billion | +4.23% |
| 2022-12-31 | $17.63 Billion | +4.94% |
| 2021-12-31 | $16.80 Billion | +27.02% |
| 2020-12-31 | $13.22 Billion | +21.09% |
| 2019-12-31 | $10.92 Billion | +16.32% |
| 2018-12-31 | $9.39 Billion | +12.09% |
| 2017-12-31 | $8.38 Billion | +36.48% |
| 2016-12-31 | $6.14 Billion | +70.62% |
| 2015-12-31 | $3.60 Billion | +1.49% |
| 2014-12-31 | $3.54 Billion | +8.68% |
| 2013-12-31 | $3.26 Billion | +16.78% |
| 2012-12-31 | $2.79 Billion | +122.31% |
| 2011-12-31 | $1.26 Billion | +28.09% |
| 2010-12-31 | $980.76 Million | +11.43% |
| 2009-12-31 | $880.14 Million | +9.51% |
| 2008-12-31 | $803.72 Million | -16.58% |
| 2007-12-31 | $963.41 Million | +7.12% |
| 2006-12-31 | $899.39 Million | +26.80% |
| 2005-12-31 | $709.32 Million | +3.50% |
| 2004-12-31 | $685.36 Million | +8.35% |
| 2003-12-31 | $632.57 Million | +37.73% |
| 2002-12-31 | $459.27 Million | +42.70% |
| 2001-12-31 | $321.85 Million | +46.92% |
| 2000-12-31 | $219.07 Million | -2.67% |
| 1999-12-31 | $225.08 Million | +156.36% |
| 1998-12-31 | $87.80 Million | +61.19% |
| 1997-12-31 | $54.47 Million | -- |