AltaGas (TSX:ALA) NonCurrent Deferred Liabilities: C$2,016 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:ALA AltaGas Ltd TSX:ALA
74 GF Score
Price C$55.26
GF Value C$32.94
Valuation Significantly Overvalued
! 15 Warning Signs
View Full Analysis

What is AltaGas NonCurrent Deferred Liabilities?

AltaGas TSX:ALA -0.36% 74 NonCurrent Deferred Liabilities is C$2,016 Mil as of Mar. 2026. GuruFocus rates TSX:ALA with a GF Score™ of 74/100 and a GF Value™ of C$32.94 (Significantly Overvalued). The stock has 15 warning signs investors should review.

Non-Current Deferred Liabilities represents the non-current portion of obligations, which is a liability that usually would have been paid but is now pas due.

AltaGas's non-current deferred liabilities for the quarter that ended in Mar. 2026 was C$2,016 Mil.

AltaGas NonCurrent Deferred Liabilities Related Terms

AltaGas NonCurrent Deferred Liabilities Historical Data

* Premium members only.

The historical data trend for AltaGas's NonCurrent Deferred Liabilities 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 NonCurrent Deferred Liabilities Chart

AltaGas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
NonCurrent Deferred Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,250.00 1,469.00 1,585.00 1,829.00 1,994.00

AltaGas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
NonCurrent Deferred Liabilities 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 1,880.00 1,841.00 1,861.00 1,994.00 2,016.00
TSX:ALA
74GF Score
AltaGas Ltd TSX:ALA
NonCurrent Deferred Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
What does a NonCurrent Deferred Liabilities of C$2,016 Mil mean?
AltaGas (TSX:ALA) has a NonCurrent Deferred Liabilities of C$2,016 Mil as of Mar. 2026. Non-current deferred liabilities represent the company obligations not paid yet not due within the current period. View historical data on AltaGas and its competitors.
Is AltaGas' NonCurrent Deferred Liabilities too high?
AltaGas' current NonCurrent Deferred Liabilities is C$2,016 Mil. Overall, AltaGas has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AltaGas' NonCurrent Deferred Liabilities compare to WMB and EPD?
AltaGas' NonCurrent Deferred Liabilities of C$2,016 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 NonCurrent Deferred Liabilities for an Oil & Gas company?
A good NonCurrent Deferred Liabilities depends on the Oil & Gas industry context. However, NonCurrent Deferred Liabilities 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 NonCurrent Deferred Liabilities mean?
A high NonCurrent Deferred Liabilities can signal that a stock is expensive relative to its fundamentals. Non-current deferred liabilities represent the company obligations not paid yet not due within the current period. View historical data on AltaGas and its competitors. AltaGas's current NonCurrent Deferred Liabilities is C$2,016 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 (TSX:ALA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$32.94, compared to a current price of C$55.26 — trading 67.8% above its estimated fair value. The current NonCurrent Deferred Liabilities is C$2,016 Mil. AltaGas' overall GF Score™ is 74/100 with 15 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is NonCurrent Deferred Liabilities calculated?
NonCurrent Deferred Liabilities is calculated from a company's financial statements. For AltaGas (TSX:ALA), the current NonCurrent Deferred Liabilities is C$2,016 Mil as of Mar. 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 (TSX:ALA) Overvalued in 2026?

Based on GuruFocus' analysis, AltaGas stock appears to be overvalued. The current stock price of C$55.26 is trading 67.8% above its estimated GF Value™ of C$32.94. GuruFocus considers AltaGas to be Significantly Overvalued.

Key valuation signals for TSX:ALA:

  • NonCurrent Deferred Liabilities: C$2,016 Mil
  • GF Value™: C$32.94 vs. price of C$55.26 (67.8% above fair value)
  • GF Score™: 74/100 with 15 warning signs

No single metric tells the full story. See the TSX:ALA 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.
74GF Score

Get the complete analysis for TSX:ALA

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

C$55.26
Price
C$32.94
GF Value