Algonquin Financial Statements From 2010 to 2024
| AQNUDelisted Stock | USD 19.34 0.66 3.53% |
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 , as well as many indicators such as . Algonquin financial statements analysis is a perfect complement when working with Algonquin Power Valuation or Volatility modules.
Algonquin |
Algonquin Power Utilities Company Current Valuation Analysis
Algonquin Power's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Algonquin Power Current Valuation | 24.17 B |
Most of Algonquin Power's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Algonquin Power Utilities is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
CompetitionIn accordance with the recently published financial statements, Algonquin Power Utilities has a Current Valuation of 24.17 B. This is 129.34% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The current valuation for all United States stocks is 45.38% lower than that of the firm.
Algonquin Power Utilities Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Algonquin Power's current stock value. Our valuation model uses many indicators to compare Algonquin Power value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Algonquin Power competition to find correlations between indicators driving Algonquin Power's intrinsic value. More Info.Algonquin Power Utilities is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Algonquin Power by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Algonquin Power Financial Statements
Algonquin Power shareholders use historical fundamental indicators, such as revenue or net income, 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. The changes in Algonquin Power's assets and liabilities, for example, are also reflected in the revenues and expenses on on Algonquin Power's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Algonquin Power Utilities Corp., through its subsidiaries, owns and operates a portfolio of regulated and non-regulated generation, distribution, and transmission utility assets. The company was incorporated in 1988 and is headquartered in Oakville, Canada. Algonquin Power operates under UtilitiesRenewable classification in the United States and is traded on New York Stock Exchange. It employs 3445 people.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Algonquin Stock
If you are still planning to invest in Algonquin Power Utilities check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Algonquin Power's history and understand the potential risks before investing.
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