AltaGas Ltd Total Assets
AltaGas Ltd total assets. Based on the latest financial reports, AltaGas Ltd (ALA) holds total assets worth CA$27.71 Billion CAD (≈ $20.05 Billion USD) as of June 2026. 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. Also see AltaGas Ltd cash conversion from operations for how efficiently the company converts equity into cash flow.
Total Assets of AltaGas Ltd (1998–2025)
Total assets of AltaGas Ltd from 1998 to 2025. This chart illustrates how AltaGas Ltd's total assets have evolved over time, based on quarterly financial data. See latest AltaGas Ltd stock price today for real-time trading data and today's change.
AltaGas Ltd - Asset Composition Analysis
AltaGas Ltd Total Assets Breakdown (December 2025)
AltaGas Ltd total assets breakdown as of December 2025. AltaGas Ltd's total assets of CA$27.71 Billion consist of 10.9% current assets and 89.1% non-current assets. Explore AltaGas Ltd short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$99.00 Million | 0.4% |
| Accounts Receivable | CA$1.86 Billion | 7.0% |
| Inventory | CA$633.00 Million | 2.4% |
| Property, Plant & Equipment | CA$15.94 Billion | 59.6% |
| Intangible Assets | CA$110.00 Million | 0.4% |
| Goodwill | CA$5.45 Billion | 20.4% |
Asset Composition Trend (1998–2025)
This chart illustrates how AltaGas Ltd'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: AltaGas Ltd's current assets represent 10.9% of total assets in 2025, an increase from 10.7% in 1998.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2025, up from 0.0% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 20.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is property, plant & equipment at 59.6% of total assets.
AltaGas Ltd Competitors by Total Assets
Key competitors of AltaGas Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Pembina Pipeline Corp
TO:PPL
|
Canada | CA$36.17 Billion |
|
BW LPG Limited
NYSE:BWLP
|
USA | $3.35 Billion |
|
Tsakos Energy Navigation Limited
NYSE:TEN
|
USA | $4.24 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.47 Trillion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.17 Billion |
|
Enbridge Inc
TO:ENB
|
Canada | CA$231.65 Billion |
|
TC Energy Corp
TO:TRP
|
Canada | CA$120.83 Billion |
AltaGas Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.86 | 0.96 | 1.14 |
| Quick Ratio | 0.65 | 0.74 | 0.78 |
| Cash Ratio | 0.00 | 0.12 | 0.08 |
| Working Capital | CA$-421.00 Million | CA$-95.00 Million | CA$305.00 Million |
AltaGas Ltd - Advanced Valuation Insights
This section examines the relationship between AltaGas Ltd'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 | 1.78 |
| Latest Market Cap to Assets Ratio | 0.47 |
| Asset Growth Rate (YoY) | 2.6% |
| Total Assets | CA$26.77 Billion |
| Market Capitalization | $12.61 Billion USD |
Valuation Analysis
Below Book Valuation: The market values AltaGas Ltd's assets below their book value (0.47x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: AltaGas Ltd's assets grew by 2.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for AltaGas Ltd (1998–2025)
The table below shows the annual total assets of AltaGas Ltd from 1998 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CA$26.77 Billion ≈ $19.37 Billion |
+2.60% |
| 2024-12-31 | CA$26.09 Billion ≈ $18.87 Billion |
+11.17% |
| 2023-12-31 | CA$23.47 Billion ≈ $16.98 Billion |
-2.06% |
| 2022-12-31 | CA$23.96 Billion ≈ $17.34 Billion |
+10.99% |
| 2021-12-31 | CA$21.59 Billion ≈ $15.62 Billion |
+0.28% |
| 2020-12-31 | CA$21.53 Billion ≈ $15.58 Billion |
+8.78% |
| 2019-12-31 | CA$19.79 Billion ≈ $14.32 Billion |
-15.72% |
| 2018-12-31 | CA$23.49 Billion ≈ $16.99 Billion |
+134.12% |
| 2017-12-31 | CA$10.03 Billion ≈ $7.26 Billion |
-1.65% |
| 2016-12-31 | CA$10.20 Billion ≈ $7.38 Billion |
+1.00% |
| 2015-12-31 | CA$10.10 Billion ≈ $7.31 Billion |
+20.04% |
| 2014-12-31 | CA$8.41 Billion ≈ $6.09 Billion |
+15.55% |
| 2013-12-31 | CA$7.28 Billion ≈ $5.27 Billion |
+23.16% |
| 2012-12-31 | CA$5.91 Billion ≈ $4.28 Billion |
+66.89% |
| 2011-12-31 | CA$3.54 Billion ≈ $2.56 Billion |
+28.74% |
| 2010-12-31 | CA$2.75 Billion ≈ $1.99 Billion |
+4.66% |
| 2009-12-31 | CA$2.63 Billion ≈ $1.90 Billion |
+21.52% |
| 2008-12-31 | CA$2.16 Billion ≈ $1.57 Billion |
+80.33% |
| 2007-12-31 | CA$1.20 Billion ≈ $867.92 Million |
+8.13% |
| 2006-12-31 | CA$1.11 Billion ≈ $802.65 Million |
+3.86% |
| 2005-12-31 | CA$1.07 Billion ≈ $772.81 Million |
-3.63% |
| 2004-12-31 | CA$1.11 Billion ≈ $801.94 Million |
+20.60% |
| 2003-12-31 | CA$919.26 Million ≈ $664.98 Million |
+3.38% |
| 2002-12-31 | CA$889.20 Million ≈ $643.23 Million |
+25.42% |
| 2001-12-31 | CA$709.00 Million ≈ $512.88 Million |
+24.08% |
| 2000-12-31 | CA$571.42 Million ≈ $413.36 Million |
+33.14% |
| 1999-12-31 | CA$429.20 Million ≈ $310.48 Million |
+32.92% |
| 1998-12-31 | CA$322.90 Million ≈ $233.58 Million |
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About AltaGas Ltd
AltaGas Ltd. operates as an energy infrastructure company in North America. It operates through the Utilities and Midstream segments. The Utilities segment owns and operates franchised, cost-of-service, and rate-regulated natural gas distribution and storage utilities for residential and commercial customers. This segment also offers storage facilities and contracts for interstate natural gas tra… Read more