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Algonquin Power & Utilities (AQN)

(Real Time Quote from BATS)

$6.13 USD

6.13
232,016

+0.02 (0.33%)

Updated May 1, 2024 09:52 AM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value D Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 31% (77 out of 251)

Industry: Utility - Electric Power

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Balance Sheet

Research for AQN

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Algonquin Power & Utilities Corp falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 67 70 129 115 76
Receivables 524 528 403 326 259
Notes Receivable 0 0 0 0 0
Inventories 227 225 178 135 91
Other Current Assets 248 272 229 120 87
Total Current Assets 1,066 1,094 939 695 513
Net Property & Equipment 12,517 11,945 11,042 8,242 7,232
Investments & Advances 1,830 1,878 2,361 2,091 1,488
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 1,343 84 1,041 804 540
Intangibles 1,418 1,417 1,306 1,323 1,079
Deposits & Other Assets 199 1,208 96 68 59
Total Assets 18,374 17,628 16,786 13,224 10,911
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 210 186 185 192 150
Current Portion Long-Term Debt 622 423 356 140 225
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 555 556 429 370 308
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 298 369 394 254 189
Total Current Liabilities 1,685 1,534 1,365 955 872
Mortgages 0 0 0 0 0
Deferred Taxes/Income 579 566 530 569 492
Convertible Debt 0 0 0 0 0
Long-Term Debt 7,894 7,089 5,855 4,399 3,707
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,273 1,283 1,334 1,312 1,103
Minority Interest (Liabilities) 318 319 320 327 332
Total Liabilities 11,750 10,791 9,404 7,562 6,505
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 184 184 184 184 184
Common Stock (Par) 6,230 6,184 6,033 4,935 4,017
Capital Surplus 7 9 2 61 51
Retained Earnings -1,280 -998 -288 46 -367
Other Equity 1,483 1,457 1,451 436 522
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 6,624 6,836 7,382 5,662 4,407
Total Liabilities & Shareholder's Equity 18,374 17,628 16,786 13,224 10,911
Total Common Equity 6,440 6,652 7,198 5,478 4,222
Shares Outstanding 689.10 684.20 671.90 597.10 524.20
Book Value Per Share 9.35 9.72 10.71 9.17 8.05

Fiscal Year End for Algonquin Power & Utilities Corp falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 67 106 111 71
Receivables NA 524 424 493 514
Notes Receivable NA 0 0 0 0
Inventories NA 227 240 228 203
Other Current Assets NA 248 230 217 258
Total Current Assets NA 1,066 1,001 1,049 1,047
Net Property & Equipment NA 12,517 12,449 12,337 12,049
Investments & Advances NA 1,830 1,674 1,787 2,087
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 1,343 1,327 1,257 1,184
Intangibles NA 1,418 1,414 1,428 1,430
Deposits & Other Assets NA 199 117 111 130
Total Assets NA 18,374 17,983 17,969 17,927
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 210 183 195 144
Current Portion Long-Term Debt NA 622 581 514 516
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 555 464 467 430
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 298 279 296 298
Total Current Liabilities NA 1,685 1,506 1,471 1,388
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 579 582 580 581
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 7,894 7,787 7,569 7,333
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 1,247 1,193 1,250
Minority Interest (Liabilities) NA 318 319 319 319
Total Liabilities NA 11,750 11,440 11,133 10,871
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 184 184 184 184
Common Stock (Par) NA 6,230 6,228 6,225 6,223
Capital Surplus NA 7 5 4 1
Retained Earnings NA -1,280 -1,389 -1,136 -806
Other Equity NA 1,483 1,513 1,558 1,453
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 6,624 6,543 6,835 7,056
Total Liabilities & Shareholder's Equity NA 18,374 17,983 17,969 17,927
Total Common Equity 0 6,440 6,358 6,651 6,872
Shares Outstanding 689.60 689.10 689.00 688.70 688.50
Book Value Per Share 0.00 9.35 9.23 9.66 9.98