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Atlantic Power (TSX:ATP) Debt-to-Asset : 0.67 (As of Mar. 2021)


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What is Atlantic Power Debt-to-Asset?

Atlantic Power's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was C$116.4 Mil. Atlantic Power's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was C$573.8 Mil. Atlantic Power's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2021 was C$1,035.6 Mil. Atlantic Power's debt to asset for the quarter that ended in Mar. 2021 was 0.67.


Atlantic Power Debt-to-Asset Historical Data

The historical data trend for Atlantic Power's Debt-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlantic Power Debt-to-Asset Chart

Atlantic Power Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.71 0.68 0.68 0.67

Atlantic Power Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.70 0.69 0.67 0.67

Competitive Comparison of Atlantic Power's Debt-to-Asset

For the Utilities - Independent Power Producers subindustry, Atlantic Power's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlantic Power's Debt-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Atlantic Power's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Atlantic Power's Debt-to-Asset falls into.



Atlantic Power Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Atlantic Power's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(125.016 + 603.688) / 1085.178
=0.67

Atlantic Power's Debt-to-Asset for the quarter that ended in Mar. 2021 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(116.389 + 573.775) / 1035.56
=0.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Atlantic Power  (TSX:ATP) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Atlantic Power Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Atlantic Power's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlantic Power (TSX:ATP) Business Description

Traded in Other Exchanges
N/A
Address
3 Allied Drive, Suite 155, Dedham, MA, USA, 02026
Atlantic Power Corp is an independent power producer that owns power generation assets in the United States and Canada. Its power generation projects, which are diversified by geography, fuel type, dispatch profile, and offtaker, sell electricity to utilities and other large customers predominantly under long-term power purchase agreements, which seek to minimize exposure to changes in commodity prices. It has four reportable segments: Solid Fuel, Natural Gas, Hydroelectric and Corporate. A vast majority of the revenues are generated from the natural gas segment.

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