Allete Inc (ALE) - Total Liabilities
Based on the latest financial reports, Allete Inc (ALE) has total liabilities worth $3.81 Billion USD as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Allete Inc - Total Liabilities Trend (1994–2024)
This chart illustrates how Allete Inc's total liabilities have evolved over time, based on quarterly financial data. See Allete Inc (ALE) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Allete Inc Competitors by Total Liabilities
The table below lists competitors of Allete Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Hebei Changshan Biochem Pharma
SHE:300255
|
China | CN¥3.18 Billion |
|
Anxin Trust Co Ltd
SHG:600816
|
China | CN¥10.45 Billion |
|
Trex Company Inc
NYSE:TREX
|
USA | $734.05 Million |
|
StubHub Holdings, Inc.
NYSE:STUB
|
USA | $3.15 Billion |
|
Oscar Health Inc
NYSE:OSCR
|
USA | $5.34 Billion |
|
Bullish
NYSE:BLSH
|
USA | $620.85 Million |
|
Shanghai V-Test Semiconductor Tech Co. Ltd. A
SHG:688372
|
China | CN¥4.57 Billion |
|
Aris Mining Corporation
NYSE MKT:ARMN
|
USA | $977.30 Million |
Liability Composition Analysis (1994–2024)
This chart breaks down Allete Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see how much is Allete Inc worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.17 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 0.19 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.34 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.53 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Allete Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Allete Inc (1994–2024)
The table below shows the annual total liabilities of Allete Inc from 1994 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $4.00 Billion | +1.09% |
| 2023-12-31 | $3.96 Billion | -7.12% |
| 2022-12-31 | $4.26 Billion | +0.79% |
| 2021-12-31 | $4.23 Billion | +5.43% |
| 2020-12-31 | $4.01 Billion | +4.79% |
| 2019-12-31 | $3.83 Billion | +3.37% |
| 2018-12-31 | $3.70 Billion | +0.02% |
| 2017-12-31 | $3.70 Billion | +0.51% |
| 2016-12-31 | $3.68 Billion | +19.38% |
| 2015-12-31 | $3.08 Billion | +12.19% |
| 2014-12-31 | $2.75 Billion | +28.85% |
| 2013-12-31 | $2.13 Billion | +3.97% |
| 2012-12-31 | $2.05 Billion | +14.23% |
| 2011-12-31 | $1.80 Billion | +10.63% |
| 2010-12-31 | $1.62 Billion | +11.69% |
| 2009-12-31 | $1.45 Billion | +12.03% |
| 2008-12-31 | $1.30 Billion | +45.46% |
| 2007-12-31 | $892.30 Million | +3.73% |
| 2006-12-31 | $860.20 Million | +13.45% |
| 2005-12-31 | $758.20 Million | -5.33% |
| 2004-12-31 | $800.90 Million | -51.20% |
| 2003-12-31 | $1.64 Billion | -14.29% |
| 2002-12-31 | $1.91 Billion | -10.47% |
| 2001-12-31 | $2.14 Billion | +6.23% |
| 2000-12-31 | $2.01 Billion | +36.46% |
| 1999-12-31 | $1.48 Billion | -1.65% |
| 1998-12-31 | $1.50 Billion | +0.68% |
| 1997-12-31 | $1.49 Billion | -0.92% |
| 1996-12-31 | $1.50 Billion | +14.35% |
| 1995-12-31 | $1.31 Billion | +9.80% |
| 1994-12-31 | $1.20 Billion | -- |
About Allete Inc
ALLETE, Inc. operates as an energy company. The company operates in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar. The company also provides regulated utility electric services in northeastern Minnesota to approximately 150,000 retail customers and 14 non-affiliated municipal customers in … Read more