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Atlantic Power (TSX:ATP) Liabilities-to-Assets : 0.81 (As of Mar. 2021)


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What is Atlantic Power Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Atlantic Power's Total Liabilities for the quarter that ended in Mar. 2021 was C$834.0 Mil. Atlantic Power's Total Assets for the quarter that ended in Mar. 2021 was C$1,035.6 Mil. Therefore, Atlantic Power's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 was 0.81.


Atlantic Power Liabilities-to-Assets Historical Data

The historical data trend for Atlantic Power's Liabilities-to-Assets 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.

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Atlantic Power Liabilities-to-Assets Chart

Atlantic Power Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.83 0.81 0.85 0.81

Atlantic Power Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Liabilities-to-Assets 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 0.85 0.88 0.86 0.81 0.81

Competitive Comparison of Atlantic Power's Liabilities-to-Assets

For the Utilities - Independent Power Producers subindustry, Atlantic Power's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

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

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



Atlantic Power Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Atlantic Power's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2020 is calculated as:

Liabilities-to-Assets (A: Dec. 2020 )=Total Liabilities/Total Assets
=882.028/1085.178
=0.81

Atlantic Power's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2021 is calculated as

Liabilities-to-Assets (Q: Mar. 2021 )=Total Liabilities/Total Assets
=833.953/1035.56
=0.81

* 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) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Atlantic Power Liabilities-to-Assets Related Terms

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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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