ALLETE
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has ALLETE's balance sheet done over the years? Its assets were worth $6,656,400,000 last year, which is less than in the previous period. 49% of ALLETE’s total assets is currently financed by debt. Its liabilities reached the amount of $3,249,300,000, which means an decrease by -7% compared compared to last year.
Debt to Assets
| 2014 | 4360800000 | 2.74B | 63.05% |
|---|---|---|---|
| 2015 | 4907100000 | 3.08B | 62.86% |
| 2016 | 4906400000 | 3.01B | 61.42% |
| 2017 | 5080000000 | 3.01B | 59.29% |
| 2018 | 5165000000 | 3.00B | 58.26% |
| 2019 | 5482800000 | 3.14B | 57.4% |
| 2020 | 6084600000 | 3.28B | 53.98% |
| 2021 | 6435000000 | 3.48B | 54.21% |
| 2022 | 6845600000 | 3.49B | 51.09% |
| 2023 | 6656400000 | 3.24B | 48.81% |
ALE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 71.9M | 36.4M | 45.1M | 44.3M | 69.3M | 69.1M | 98.9M | 27.5M | 97M | 145.8M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 137.2M | 137.9M | 123.7M | 111.9M | 96.4M | 144.4M | 135.1M | 122.5M | 121.2M | 103M |
Inventory | 175.4M | 455.9M | 97.7M | 74.2M | 72.8M | 86.7M | 95.9M | 104.2M | 117.1M | 80.5M |
Other current assets | 83.6M | 87.8M | 24.8M | 24.5M | 31M | 34.1M | 37.6M | 19.5M | 35.7M | 89.5M |
Total current assets | 468.1M | 718M | 291.3M | 254.9M | 269.5M | 334.3M | 367.5M | 294.5M | 371M | 418.8M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 5.01B | 5.01B | 5.11B | 4.86B | 4.40B | 3.90B | 3.82B | 3.74B | 3.66B | 3.28B |
Goodwill | 154.9M | 0 | -186.5M | 0 | 0 | 148.5M | 148.3M | 131.2M | 130.6M | 2.9M |
Intangible assets | 155.4M | 155.6M | 800K | 0 | 1M | 74.8M | 77.6M | 82.2M | 84.6M | 1.9M |
Long term investments | 331.2M | 322.7M | 318M | 301.2M | 197.6M | 210.2M | 171.8M | 191.2M | 199.1M | 235.5M |
Other non-current assets | 688.3M | 474.5M | 709.1M | 665.3M | 101.2M | 269.2M | 261.9M | -118M | -127.1M | 62.8M |
Total non-current assets | 6.18B | 6.12B | 6.14B | 5.82B | 5.21B | 4.83B | 4.71B | 4.61B | 4.53B | 3.94B |
Total assets | 6.65B | 6.84B | 6.43B | 6.08B | 5.48B | 5.16B | 5.08B | 4.90B | 4.90B | 4.36B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 150.7M | 27.2M | 79.2M | 69.1M | 7.6M | 67.6M | 5.4M | 15.1M | 74M |
Short term debt | 114.8M | 275.8M | 219M | 209.6M | 219.8M | 57.5M | 64.09M | 187.7M | 37.3M | 104.4M |
Total current liabilities | 377.6M | 716.2M | 543.4M | 459.6M | 507.4M | 405.1M | 351.2M | 399.5M | 275.4M | 416M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.67B | 1.65B | 1.77B | 1.60B | 1.42B | 1.42B | 1.43B | 1.37B | 1.55B | 1.27B |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 999.6M | 965.5M | 84.7M | 102.2M | 110.9M | 124M | 1.22B | 186.1M | 1.24B | 550.1M |
Total non-current liabilities | 2.87B | 2.78B | 2.94B | 2.82B | 2.63B | 2.60B | 2.66B | 2.61B | 2.80B | 2.33B |
Total liabilities | 3.24B | 3.49B | 3.48B | 3.28B | 3.14B | 3.00B | 3.01B | 3.01B | 3.08B | 2.74B |
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