Algonquin Power Utilities Stock Debt To Equity
AQNUDelisted Stock | USD 19.34 0.66 3.53% |
Algonquin Power Utilities fundamentals help investors to digest information that contributes to Algonquin Power's financial success or failures. It also enables traders to predict the movement of Algonquin Stock. The fundamental analysis module provides a way to measure Algonquin Power's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Algonquin Power stock.
Algonquin |
Algonquin Power Utilities Company Debt To Equity Analysis
Algonquin Power's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Algonquin Power Debt To Equity | 1.03 % |
Most of Algonquin Power's fundamental indicators, such as Debt To Equity, 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.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
CompetitionAccording to the company disclosure, Algonquin Power Utilities has a Debt To Equity of 1.029%. This is 98.91% lower than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The debt to equity for all United States stocks is 97.89% higher than that of the company.
Algonquin Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Algonquin Power's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Algonquin Power could also be used in its relative valuation, which is a method of valuing Algonquin Power by comparing valuation metrics of similar companies.Algonquin Power is currently under evaluation in debt to equity category among its peers.
Algonquin Fundamentals
Return On Equity | -0.0584 | |||
Return On Asset | 0.0165 | |||
Profit Margin | (0.12) % | |||
Operating Margin | 0.19 % | |||
Current Valuation | 24.17 B | |||
Shares Owned By Institutions | 67.63 % | |||
Number Of Shares Shorted | 4.63 K | |||
Price To Earning | 29.01 X | |||
Revenue | 2.69 B | |||
Gross Profit | 1.05 B | |||
EBITDA | 954.76 M | |||
Net Income | 28.67 M | |||
Cash And Equivalents | 85 M | |||
Cash Per Share | 0.12 X | |||
Total Debt | 8.54 B | |||
Debt To Equity | 1.03 % | |||
Current Ratio | 0.77 X | |||
Book Value Per Share | 6.79 X | |||
Cash Flow From Operations | 628.03 M | |||
Short Ratio | 0.04 X | |||
Earnings Per Share | 0.52 X | |||
Number Of Employees | 3.95 K | |||
Beta | 0.49 | |||
Total Asset | 18.37 B | |||
Retained Earnings | (1.28 B) | |||
Working Capital | (618.84 M) | |||
Annual Yield | 0.01 % | |||
Net Asset | 18.37 B | |||
Last Dividend Paid | 0.43 |
About Algonquin Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Algonquin Power Utilities's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Algonquin Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Algonquin Power Utilities based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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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