AltaGas Financial Statements From 2010 to 2024
| ATGFF Stock | USD 25.19 0.36 1.45% |
Check AltaGas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AltaGas' main balance sheet or income statement drivers, such as , as well as many indicators such as . AltaGas financial statements analysis is a perfect complement when working with AltaGas Valuation or Volatility modules.
AltaGas |
AltaGas Company Current Valuation Analysis
AltaGas' 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 AltaGas Current Valuation | 12.42 B |
Most of AltaGas' 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, AltaGas 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.
| Competition |
In accordance with the recently published financial statements, AltaGas has a Current Valuation of 12.42 B. This is 17.85% higher than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The current valuation for all United States stocks is 25.29% higher than that of the company.
AltaGas Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining AltaGas's current stock value. Our valuation model uses many indicators to compare AltaGas value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across AltaGas competition to find correlations between indicators driving AltaGas's intrinsic value. More Info.AltaGas is rated fourth in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.57 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for AltaGas is roughly 1.75 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the AltaGas' earnings, one of the primary drivers of an investment's value.About AltaGas Financial Statements
AltaGas stakeholders use historical fundamental indicators, such as AltaGas' revenue or net income, to determine how well the company is positioned to perform in the future. Although AltaGas investors may analyze each financial statement separately, they are all interrelated. For example, changes in AltaGas' assets and liabilities are reflected in the revenues and expenses on AltaGas' 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 AltaGas. Please read more on our technical analysis and fundamental analysis pages.
AltaGas Ltd. operates as an energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. Altagas operates under UtilitiesRegulated Gas classification in the United States and is traded on OTC Exchange. It employs 2926 people.
Currently Active Assets on Macroaxis
Other Information on Investing in AltaGas Pink Sheet
AltaGas financial ratios help investors to determine whether AltaGas Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in AltaGas with respect to the benefits of owning AltaGas security.