Algonquin Total Assets from 2010 to 2024
AQNB Stock | USD 25.57 0.13 0.51% |
Total Assets | First Reported 2010-12-31 | Previous Quarter 18.4 B | Current Value 12.8 B | Quarterly Volatility 5.6 B |
Check Algonquin Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Algonquin Power's main balance sheet or income statement drivers, such as Tax Provision of 56.9 M, Interest Income of 161.7 M or Depreciation And Amortization of 327.6 M, as well as many indicators such as Price To Sales Ratio of 2.16, Dividend Yield of 0.0806 or PTB Ratio of 1.04. Algonquin financial statements analysis is a perfect complement when working with Algonquin Power Valuation or Volatility modules.
Algonquin | Total Assets |
Latest Algonquin Power's Total Assets Growth Pattern
Below is the plot of the Total Assets of Algonquin Power Utilities over the last few years. Total assets refers to the total amount of Algonquin Power assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Algonquin Power Utilities books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Algonquin Power's Total Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Algonquin Power's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 18.37 B | 10 Years Trend |
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Total Assets |
Timeline |
Algonquin Total Assets Regression Statistics
Arithmetic Mean | 9,013,281,356 | |
Geometric Mean | 7,379,477,900 | |
Coefficient Of Variation | 62.36 | |
Mean Deviation | 4,798,228,742 | |
Median | 8,407,067,321 | |
Standard Deviation | 5,621,062,286 | |
Sample Variance | 31596341.2T | |
Range | 14.8B | |
R-Value | 0.92 | |
Mean Square Error | 5444405.3T | |
R-Squared | 0.84 | |
Slope | 1,151,972,700 | |
Total Sum of Squares | 442348777.1T |
Algonquin Total Assets History
Other Fundumenentals of Algonquin Power Utilities
Algonquin Power Total Assets component correlations
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About Algonquin Power Financial Statements
Algonquin Power stakeholders use historical fundamental indicators, such as Algonquin Power's Total Assets, to determine how well the company is positioned to perform in the future. Although Algonquin Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Algonquin Power's assets and liabilities are reflected in the revenues and expenses on Algonquin Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Algonquin Power Utilities. Please read more on our technical analysis and fundamental analysis pages.
Last Reported | Projected for Next Year | ||
Total Assets | 18.4 B | 12.8 B | |
Intangibles To Total Assets | 0.08 | 0.09 |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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:Check out the analysis of Algonquin Power Correlation against competitors. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Electric Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Algonquin Power. If investors know Algonquin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Algonquin Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Algonquin Power Utilities is measured differently than its book value, which is the value of Algonquin that is recorded on the company's balance sheet. Investors also form their own opinion of Algonquin Power's value that differs from its market value or its book value, called intrinsic value, which is Algonquin Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Algonquin Power's market value can be influenced by many factors that don't directly affect Algonquin Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.