Debt to EBITDA ratio Analysis of Algonquin Power Utilities Corp - Deep Dive
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Fundamentals
Fundamentals
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MovingAverage
Candlestick
PivotPointDebt to EBITDA of AQNB
Dec-230.636Excellent Debt to EBITDA | Dec-220.488Excellent Debt to EBITDA | Growth30.46% |
Debt to EBITDA Analysis of Algonquin Power Utilities Corp
| Debt to EBITDA Ratio 0.636 of Algonquin Power Utilities Corp shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of AQNB rose handsomely by 30.46 % this year. |
| Debt to EBITDA Ratio with value of 6.54 was highest in Year Dec-19 in last Five Years. |
| Debt to EBITDA Ratio with value of 0.199 was lowest in Year Dec-20 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 0.636 is lower than Average Debt to EBITDA of 1.67 in last five years. |
Other Debt to EBITDA Related Info of AQNB that may interest you.
Algonquin Power Utilities Corp Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AQNB | 25.11 | 25.07 | 0.160 % | Multiline Utilities |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..
Debt to EBITDA Related Ratios
| CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
| Mild Stability | |
FY - Historical Debt to EBITDA of Algonquin Power Utilities Corp
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 0.636 | 0.488 | 0.489 | 0.199 | 6.54 | 13.00 | 14.96 |
| Change | 30.46 % | -0.250 % | 145.65 % | -96.96 % | -49.67 % | -13.14 % | -41.28 % |
FY Chart of Debt to EBITDA of Algonquin Power Utilities Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)