Algonquin Financial Statements From 2010 to 2024

Algonquin Power Balance Sheet		Trends
Current Value Last Year Historical Average  10 Year Trend Total Assets 19.3 B 18.4 B 9 B Slightly volatile Short and Long Term Debt Total 8.9 B 8.5 B 3.6 B Slightly volatile Other Current Liabilities 128.2 M 223.1 M 212.1 M Slightly volatile Total Current Liabilities 1.8 B 1.7 B 716.7 M Slightly volatile Total Stockholder Equity 5.3 B 5 B 2.9 B Slightly volatile Property Plant And Equipment Net 13.1 B 12.5 B 6.1 B Slightly volatile Net Debt 8.9 B 8.5 B 3.5 B Slightly volatile Cash 38.7 M 56.1 M 56.7 M Slightly volatile Non Current Assets Total 18.2 B 17.3 B 8.4 B Slightly volatile Non Currrent Assets Other 1.7 B 1.6 B 725.4 M Slightly volatile Cash And Short Term Investments 39.3 M 56.1 M 56.7 M Slightly volatile Net Receivables 550.4 M 524.2 M 254 M Slightly volatile Common Stock Total Equity 6 B 5.7 B 3 B Slightly volatile Common Stock Shares Outstanding 725.3 M 690.8 M 388.5 M Slightly volatile Liabilities And Stockholders Equity 19.3 B 18.4 B 8.9 B Slightly volatile Non Current Liabilities Total 10.2 B 9.7 B 4.5 B Slightly volatile Inventory 238.5 M 227.1 M 94 M Slightly volatile Other Current Assets 174.3 M 166 M 92.7 M Slightly volatile Total Liabilities 12 B 11.4 B 5.3 B Slightly volatile Property Plant And Equipment Gross 15.6 B 14.9 B 6.7 B Slightly volatile Total Current Assets 1.1 B 1.1 B 535.9 M Slightly volatile Common Stock 6.5 B 6.2 B 3.2 B Slightly volatile Current Deferred Revenue 760.5 M 724.3 M 339.8 M Slightly volatile Accounts Payable 220.9 M 210.4 M 105 M Slightly volatile Short Term Debt 652.9 M 621.9 M 165.3 M Slightly volatile Intangible Assets 76 M 93.9 M 66.2 M Slightly volatile Short Term Investments 38 M 36.2 M 24.6 M Slightly volatile Good Will 721.7 M 1.3 B 617.4 M Slightly volatile Other Liabilities 1.4 B 2 B 1.2 B Slightly volatile Net Tangible Assets 2.5 B 4.2 B 2.1 B Slightly volatile Long Term Debt 4.2 B 7.9 B 3.4 B Slightly volatile Deferred Long Term Liabilities 1.3 B 1.2 B 536.3 M Slightly volatile Long Term Investments 1.1 B 1.6 B 777.3 M Slightly volatile Short and Long Term Debt 652.9 M 621.9 M 504.5 M Slightly volatile Property Plant Equipment 1.3 B 1.4 B 4.2 B Pretty Stable Long Term Debt Total 4.4 B 8.2 B 3.3 B Slightly volatile Capital Surpluse 8 M 8.5 M 62.1 M Slightly volatile Non Current Liabilities Other 369.7 M 465.9 M 273.1 M Slightly volatile Cash And Equivalents 82.1 M 66.3 M 78.7 M Pretty Stable Net Invested Capital 10.5 B 13.4 B 7.8 B Slightly volatile Capital Stock 5.9 B 6.4 B 4.5 B Slightly volatile
Algonquin Power Income Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation And Amortization 490.3 M 467 M 233.9 M Slightly volatile Selling General Administrative 115.8 M 110.3 M 54.8 M Slightly volatile Total Revenue 2.8 B 2.7 B 1.4 B Slightly volatile Gross Profit 2.1 B 2 B 969.5 M Slightly volatile Other Operating Expenses 2.3 B 2.2 B 1.1 B Slightly volatile Total Operating Expenses 1.6 B 1.5 B 709 M Slightly volatile Cost Of Revenue 772.7 M 735.9 M 413.9 M Slightly volatile Minority Interest 58.9 M 62 M 453.1 M Slightly volatile Interest Income 218.4 M 134.8 M 147.6 M Slightly volatile Reconciled Depreciation 387.7 M 467 M 312.5 M Slightly volatile
Algonquin Power Cash Flow Statement		Trends
Current Value Last Year Historical Average  10 Year Trend Depreciation 490.3 M 467 M 233.9 M Slightly volatile Total Cash From Operating Activities 659.4 M 628 M 324.6 M Slightly volatile Total Cash From Financing Activities 379.8 M 442.8 M 642.3 M Slightly volatile End Period Cash Flow 45.7 M 76.1 M 68.6 M Slightly volatile Dividends Paid 347.4 M 330.8 M 167.4 M Slightly volatile Stock Based Compensation 8.2 M 10.4 M 7.1 M Slightly volatile Issuance Of Capital Stock 5 M 5.2 M 432.5 M Slightly volatile
Financial Ratios		Trends
Current Value Last Year Historical Average  10 Year Trend Price To Sales Ratio 2.16 2.2706 39.8514 Slightly volatile Dividend Yield 0.0806 0.054 0.0468 Pretty Stable PTB Ratio 1.04 1.2156 1.39 Very volatile Days Sales Outstanding 135 70.9154 165 Slightly volatile Book Value Per Share 5.63 7.1428 8.1054 Slightly volatile Operating Cash Flow Per Share 0.54 0.6461 0.6983 Slightly volatile Average Payables 88.5 M 84.3 M 63.7 M Slightly volatile Stock Based Compensation To Revenue 0.0042 0.0039 0.005 Pretty Stable Capex To Depreciation 1.2 2.1974 1.9404 Slightly volatile PB Ratio 1.04 1.2156 1.39 Very volatile EV To Sales 5.14 5.4062 43.8331 Slightly volatile ROIC 0.01 0.0096 0.0499 Slightly volatile Inventory Turnover 3.08 3.2402 10.0556 Slightly volatile Days Of Inventory On Hand 118 113 67.7034 Slightly volatile Payables Turnover 4.84 3.4976 5.914 Slightly volatile Sales General And Administrative To Revenue 0.0433 0.0335 0.0415 Slightly volatile Average Inventory 17.3 M 16.5 M 20.5 M Pretty Stable Capex To Revenue 0.21 0.3803 0.3182 Slightly volatile POCF Ratio 17.3 9.7546 19.9446 Pretty Stable Interest Coverage 1.5 1.2539 1.9259 Very volatile Capex To Operating Cash Flow 1.02 1.6339 1.7436 Slightly volatile Days Payables Outstanding 177 104 143 Pretty Stable EV To Operating Cash Flow 18.63 23.225 30.2778 Pretty Stable Intangibles To Total Assets 0.0887 0.0772 0.0724 Slightly volatile Current Ratio 1.09 0.6328 0.9306 Slightly volatile Tangible Book Value Per Share 4.79 5.6839 6.7681 Pretty Stable Receivables Turnover 4.3 5.147 5.048 Slightly volatile Graham Number 1.76 1.8551 6.8944 Pretty Stable Shareholders Equity Per Share 4.87 5.1847 6.4244 Slightly volatile Debt To Equity 1.78 1.6927 1.1315 Slightly volatile Capex Per Share 0.63 1.0557 1.0594 Slightly volatile Average Receivables 497.2 M 473.5 M 297.5 M Slightly volatile Revenue Per Share 1.89 2.7757 2.9448 Slightly volatile Interest Debt Per Share 9.62 9.1582 7.4439 Slightly volatile Debt To Assets 0.49 0.4643 0.3567 Slightly volatile Short Term Coverage Ratios 0.94 0.9874 16.8421 Slightly volatile Operating Cycle 193 184 143 Slightly volatile Price Book Value Ratio 1.04 1.2156 1.39 Very volatile Days Of Payables Outstanding 177 104 143 Pretty Stable Price To Operating Cash Flows Ratio 17.3 9.7546 19.9446 Pretty Stable Company Equity Multiplier 1.95 3.6459 2.8711 Pretty Stable Long Term Debt To Capitalization 0.31 0.6104 0.4738 Slightly volatile Total Debt To Capitalization 0.32 0.6286 0.4798 Slightly volatile Debt Equity Ratio 1.78 1.6927 1.1315 Slightly volatile Quick Ratio 0.47 0.498 0.7861 Slightly volatile Dividend Paid And Capex Coverage Ratio 0.76 0.4628 0.5781 Pretty Stable Cash Ratio 0.0316 0.0333 0.1667 Slightly volatile Operating Cash Flow Sales Ratio 0.22 0.2328 0.6649 Slightly volatile Days Of Inventory Outstanding 118 113 67.7034 Slightly volatile Days Of Sales Outstanding 135 70.9154 165 Slightly volatile Cash Flow Coverage Ratios 0.0699 0.0736 0.1147 Slightly volatile Price To Book Ratio 1.04 1.2156 1.39 Very volatile Fixed Asset Turnover 0.17 0.2155 0.2172 Pretty Stable Capital Expenditure Coverage Ratio 0.58 0.612 2.0099 Slightly volatile Price Cash Flow Ratio 17.3 9.7546 19.9446 Pretty Stable Debt Ratio 0.49 0.4643 0.3567 Slightly volatile Cash Flow To Debt Ratio 0.0699 0.0736 0.1147 Slightly volatile Price Sales Ratio 2.16 2.2706 39.8514 Slightly volatile Asset Turnover 0.13 0.1468 0.1548 Very volatile Gross Profit Margin 0.49 0.7272 0.662 Pretty Stable Price Fair Value 1.04 1.2156 1.39 Very volatile
Algonquin Power Valuation Data		Trends
Current Value Last Year Historical Average  10 Year Trend Market Cap 6.4 B 6.1 B 4 B Slightly volatile Enterprise Value 15.3 B 14.6 B 7.5 B Slightly volatile

Algonquin Fundamental Market Drivers

About Algonquin Power Financial Statements

Pair Trading with Algonquin Power

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Algonquin Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Algonquin Power will appreciate offsetting losses from the drop in the long position's value.When determining whether Algonquin Power Utilities offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Algonquin Power's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Algonquin Power Utilities Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Algonquin Power Utilities Stock:

How To Invest In Algonquin Details

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Altman Z Score Details

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Please note, there is a significant difference between Algonquin Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Algonquin Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Algonquin Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.