ALLETE Inc (ALE)
59.30
-0.27
(-0.45%)
USD |
NYSE |
Apr 26, 13:59
ALLETE Debt to Equity Ratio: 0.6376 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.6376 |
| September 30, 2023 | 0.6449 |
| June 30, 2023 | 0.6556 |
| March 31, 2023 | 0.7114 |
| December 31, 2022 | 0.7135 |
| September 30, 2022 | 0.7312 |
| June 30, 2022 | 0.741 |
| March 31, 2022 | 0.7951 |
| December 31, 2021 | 0.8194 |
| September 30, 2021 | 0.8662 |
| June 30, 2021 | 0.8728 |
| March 31, 2021 | 0.8407 |
| December 31, 2020 | 0.7831 |
| September 30, 2020 | 0.8823 |
| June 30, 2020 | 0.8345 |
| March 31, 2020 | 0.7586 |
| December 31, 2019 | 0.7231 |
| September 30, 2019 | 0.7327 |
| June 30, 2019 | 0.6955 |
| March 31, 2019 | 0.7001 |
| December 31, 2018 | 0.6893 |
| September 30, 2018 | 0.7175 |
| June 30, 2018 | 0.7205 |
| March 31, 2018 | 0.7165 |
| December 31, 2017 | 0.7269 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.7386 |
| June 30, 2017 | 0.7531 |
| March 31, 2017 | 0.7665 |
| December 31, 2016 | 0.8231 |
| September 30, 2016 | 0.8251 |
| June 30, 2016 | 0.8446 |
| March 31, 2016 | 0.847 |
| December 31, 2015 | 0.8757 |
| September 30, 2015 | 0.8773 |
| June 30, 2015 | 0.7826 |
| March 31, 2015 | 0.7781 |
| December 31, 2014 | 0.8557 |
| September 30, 2014 | 0.9006 |
| June 30, 2014 | 0.9376 |
| March 31, 2014 | 0.8653 |
| December 31, 2013 | 0.8267 |
| September 30, 2013 | 0.8568 |
| June 30, 2013 | 0.8828 |
| March 31, 2013 | 0.8193 |
| December 31, 2012 | 0.8477 |
| September 30, 2012 | 0.8771 |
| June 30, 2012 | 0.7822 |
| March 31, 2012 | 0.7754 |
| December 31, 2011 | 0.8009 |
| September 30, 2011 | 0.8206 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.6376
Minimum
Dec 2023
0.8823
Maximum
Sep 2020
0.76
Average
0.741
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Alliant Energy Corp | 1.403 |
| NiSource Inc | 1.708 |
| Otter Tail Corp | 0.6275 |
| Advent Technologies Holdings Inc | 0.00 |
| Verde Clean Fuels Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.656B |
| Total Liabilities (Quarterly) | 3.250B |
| Shareholders Equity (Quarterly) | 2.810B |
| Current Ratio | 1.240 |
| Net Debt Paydown Yield | 0.97% |