ATGFF (AltaGas) Interest Expense: $-341 Mil (TTM As of Jun. 2026)

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ATGFF AltaGas Ltd ATGFF
69 GF Score
Price $40.08
GF Value $26.14
Valuation Significantly Overvalued
! 13 Warning Signs
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What is AltaGas Interest Expense?

AltaGas ATGFF +1.75% 69 Interest Expense is $-341 Mil as of Jun. 2026. GuruFocus rates ATGFF with a GF Score™ of 69/100 and a GF Value™ of $26.14 (Significantly Overvalued). The stock has 13 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. AltaGas's interest expense for the three months ended in Jun. 2026 was $ -83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was $-341 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. AltaGas's Operating Income for the three months ended in Jun. 2026 was $ 326 Mil. AltaGas's Interest Expense for the three months ended in Jun. 2026 was $ -83 Mil. AltaGas's Interest Coverage for the quarter that ended in Jun. 2026 was 3.91. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


AltaGas  (OTCPK:ATGFF) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

AltaGas's Interest Expense for the three months ended in Jun. 2026 was $-83 Mil. Its Operating Income for the three months ended in Jun. 2026 was $326 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was $7,307 Mil.

AltaGas's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*325.638/-83.369
=3.91

* 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.

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. AltaGas Ltd interest coverage is 2.65, which is low.


AltaGas Interest Expense Historical Data

* Premium members only.

The historical data trend for AltaGas's Interest Expense 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.

AltaGas Interest Expense Chart

AltaGas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -214.84 -242.92 -293.68 -319.37 -337.08

AltaGas Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Expense 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 -83.41 -83.85 -86.99 -86.74 -83.37
ATGFF
69GF Score
AltaGas Ltd ATGFF
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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AltaGas Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-341 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-341 Mil mean?
AltaGas (ATGFF) has a Interest Expense of $-341 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on AltaGas and its competitors.
Is AltaGas' Interest Expense too high?
AltaGas' current Interest Expense is $-341 Mil. Overall, AltaGas has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltaGas' Interest Expense compare to WMB and EPD?
AltaGas' Interest Expense of $-341 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Oil & Gas company?
A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on AltaGas and its competitors. AltaGas's current Interest Expense is $-341 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AltaGas stock overvalued right now?
Based on GuruFocus' analysis, AltaGas (ATGFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.14, compared to a current price of $40.08 — trading 53.3% above its estimated fair value. The current Interest Expense is $-341 Mil. AltaGas' overall GF Score™ is 69/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For AltaGas (ATGFF), the current Interest Expense is $-341 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AltaGas (ATGFF) Overvalued in 2026?

Based on GuruFocus' analysis, AltaGas stock appears to be overvalued. The current stock price of $40.08 is trading 53.3% above its estimated GF Value™ of $26.14. GuruFocus considers AltaGas to be Significantly Overvalued.

Key valuation signals for ATGFF:

  • Interest Expense: $-341 Mil
  • GF Value™: $26.14 vs. price of $40.08 (53.3% above fair value)
  • GF Score™: 69/100 with 13 warning signs

No single metric tells the full story. See the ATGFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AltaGas Business Description

Industry EnergyOil & Gas
Address 707 - 5th Street SW, Suite 1300, Calgary, AB, CAN, T2P 1V8
AltaGas Ltd is a North American energy infrastructure company that connects customers and markets to energy sources. AltaGas has three reporting segments: Utilities, Midstream, and Corporate/Other. The majority of its revenue is generated from the Midstream segment, which operates a North American energy platform that moves natural gas and LPGs from the wellhead to markets. It exports propane and butane to Asia through its LPG terminals, and runs natural gas gathering, processing, fractionation, liquids handling, and storage infrastructure. The segment also includes its natural gas and natural gas liquids (NGLs) marketing business, domestic logistics, trucking and rail terminals, and liquid and natural gas storage capability. Geographically, the firm derives its key revenue from the U.S.
69GF Score

Get the complete analysis for ATGFF

Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.08
Price
$26.14
GF Value