Algonquin Power & Utilities Corp (AQN) — Working Capital to Net Assets Ratio
Algonquin Power & Utilities Corp (AQN) has a Working Capital to Net Assets ratio of 4.2% as of September 2025. Working capital of CA$212.50 Million (current assets of CA$1.15 Billion minus current liabilities of CA$934.20 Million) is measured against net assets of CA$5.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Algonquin Power & Utilities Corp to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Algonquin Power & Utilities Corp Working Capital to Net Assets (1997–2024)
This chart shows how Algonquin Power & Utilities Corp's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 4.2%, reflecting working capital of CA$212.50 Million against net assets of CA$5.07 Billion CAD. For the complete balance sheet picture, see total assets of Algonquin Power & Utilities Corp.
Annual Working Capital to Net Assets for Algonquin Power & Utilities Corp (1997–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Algonquin Power & Utilities Corp from 1997 to 2024, covering 28 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check asset resilience ratio of Algonquin Power & Utilities Corp to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -5.9% | CA$-362.32 Million | CA$6.18 Billion | CA$1.14 Billion | CA$1.50 Billion | ▲ +3.1 pp |
| 2023 | -8.9% | CA$-618.84 Million | CA$6.94 Billion | CA$1.07 Billion | CA$1.69 Billion | ▼ -2.8 pp |
| 2022 | -6.1% | CA$-439.98 Million | CA$7.16 Billion | CA$1.09 Billion | CA$1.53 Billion | ▼ -0.6 pp |
| 2021 | -5.5% | CA$-425.97 Million | CA$7.70 Billion | CA$938.74 Million | CA$1.36 Billion | ▼ -1.2 pp |
| 2020 | -4.3% | CA$-260.20 Million | CA$5.99 Billion | CA$695.20 Million | CA$955.40 Million | ▲ +3.2 pp |
| 2019 | -7.6% | CA$-358.88 Million | CA$4.74 Billion | CA$513.19 Million | CA$872.07 Million | ▼ -7.4 pp |
| 2018 | -0.2% | CA$-7.38 Million | CA$4.04 Billion | CA$491.61 Million | CA$498.98 Million | ▲ +1.8 pp |
| 2017 | -2.0% | CA$-65.53 Million | CA$3.35 Billion | CA$497.18 Million | CA$562.71 Million | ▲ +0.2 pp |
| 2016 | -2.2% | CA$-40.69 Million | CA$1.87 Billion | CA$365.93 Million | CA$406.63 Million | ▼ -3.5 pp |
| 2015 | 1.4% | CA$22.96 Million | CA$1.67 Billion | CA$305.35 Million | CA$282.39 Million | ▲ +4.4 pp |
| 2014 | -3.0% | CA$-47.53 Million | CA$1.60 Billion | CA$282.81 Million | CA$330.35 Million | ▼ -6.5 pp |
| 2013 | 3.5% | CA$48.50 Million | CA$1.38 Billion | CA$281.64 Million | CA$233.15 Million | ▼ -0.5 pp |
| 2012 | 4.1% | CA$57.08 Million | CA$1.41 Billion | CA$233.65 Million | CA$176.57 Million | ▼ -7.1 pp |
| 2011 | 11.2% | CA$60.59 Million | CA$541.33 Million | CA$141.84 Million | CA$81.25 Million | ▲ +31.3 pp |
| 2010 | -20.1% | CA$-70.18 Million | CA$348.87 Million | CA$54.60 Million | CA$124.78 Million | ▼ -19.2 pp |
| 2009 | -0.9% | CA$-3.47 Million | CA$388.54 Million | CA$40.52 Million | CA$43.99 Million | ▲ +2.7 pp |
| 2008 | -3.6% | CA$-10.44 Million | CA$291.22 Million | CA$30.70 Million | CA$41.14 Million | ▼ -5.2 pp |
| 2007 | 1.6% | CA$6.35 Million | CA$389.99 Million | CA$48.76 Million | CA$42.41 Million | ▲ +7.9 pp |
| 2006 | -6.2% | CA$-25.45 Million | CA$408.82 Million | CA$51.36 Million | CA$76.81 Million | ▼ -6.9 pp |
| 2005 | 0.6% | CA$2.52 Million | CA$390.04 Million | CA$38.99 Million | CA$36.46 Million | ▼ -2.8 pp |
| 2004 | 3.5% | CA$14.34 Million | CA$411.99 Million | CA$53.19 Million | CA$38.84 Million | ▲ +1.7 pp |
| 2003 | 1.7% | CA$7.20 Million | CA$412.51 Million | CA$34.43 Million | CA$27.23 Million | ▼ -1.0 pp |
| 2002 | 2.8% | CA$9.77 Million | CA$350.27 Million | CA$26.58 Million | CA$16.81 Million | ▼ -1.8 pp |
| 2001 | 4.6% | CA$11.94 Million | CA$258.55 Million | CA$26.66 Million | CA$14.72 Million | ▲ +3.7 pp |
| 2000 | 0.9% | CA$1.35 Million | CA$146.42 Million | CA$11.97 Million | CA$10.62 Million | ▲ +1.3 pp |
| 1999 | -0.4% | CA$-530.27K | CA$141.69 Million | CA$11.99 Million | CA$12.52 Million | ▲ +1.3 pp |
| 1998 | -1.6% | CA$-1.33 Million | CA$80.55 Million | CA$4.08 Million | CA$5.40 Million | ▲ +0.2 pp |
| 1997 | -1.8% | CA$-905.06K | CA$49.88 Million | CA$788.47K | CA$1.69 Million | — |