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. Explore cash flow conversion of Allete Inc to assess how effectively this company generates cash.
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. Check ALE asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Allete Inc Competitors by Total Liabilities
The table below lists competitors of Allete Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Shake Shack Inc
NYSE:SHAK
|
USA | $1.34 Billion |
|
Caesars Entertainment Corporation
NASDAQ:CZR
|
USA | $27.93 Billion |
|
H&R Block Inc
NYSE:HRB
|
USA | $3.17 Billion |
|
Asbury Automotive Group Inc
NYSE:ABG
|
USA | $7.13 Billion |
|
Oscar Health Inc
NYSE:OSCR
|
USA | $5.34 Billion |
|
Scorpio Tankers Inc
NYSE:STNG
|
USA | $718.84 Million |
|
Aris Mining Corporation
NYSE MKT:ARMN
|
USA | $977.30 Million |
|
Bath & Body Works Inc.
NYSE:BBWI
|
USA | $6.58 Billion |
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