Allete Balance Sheet - Annual (NYSE:ALE)

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$77.83 $0.19 (0.24%) ALE stock closing price Aug 15, 2018 (Closing)

A thorough fundamental analysis involves using data from Allete balance sheet, apart from other financial statements, to value the business. All three financial statements should be used to measure the financial performance of the company, and should form a part of the Allete stock analysis. A company releases its balance sheet every year along with its annual results. The Allete balance sheet for 2017 shows total assets of $5.08B. The company has a asset turnover ratio of 0.27. Also see: Allete revenue and Allete operating cash flow for the same year.

View latest 10 year balance sheet data to check Allete financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash98.9M27.5M97M145.8M97.3M80.8M101.1M44.9M25.7M102M
Marketable Securities-------6.7M--
Receivables135.1M122.5M121.2M103M96.3M89M79.7M99.5M118.5M76.3M
Inventory95.9M104.2M117.1M80.5M59.3M69.8M69.1M60M57M49.7M
Raw Materials49.3M51.6M51.8M--41.8M40.5M37.1M34M33.1M
Work In Progress4.2M1M--------
Finished Goods43.1M52.5M65.6M--28M28.6M22.9M23M16.6M
Notes Receivable----------
Other Current Assets37.6M40.3M35.7M89.5M54.1M33.6M27.1M28.6M24.3M24.3M
Total Current Assets
367.5M294.5M371M418.8M307M273.2M277M239.7M225.5M252.3M
Property Plant & Equipment----------
Accumulated Depreciation1.68B1.56B1.43B1.34B-1.16B1.08B1.02B974.3M854M
Net Property Plant & Equipment
3.82B3.74B3.67B3.29B2.58B2.35B1.98B1.81B1.62B1.39B
Investment & Advances171.8M191.2M199.1M235.5M260.9M250.8M231.2M219.3M218.9M213.8M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles225.9M213.4M215.2M-------
Deposits & Other Assets492.4M466.1M452.7M420.1M332.4M381.8M385.1M344.5M326M281.4M
Total Assets
5.08B4.91B4.91B4.36B3.48B3.25B2.88B2.61B2.39B2.13B
Notes Payable--1.6M3.7M--1.1M1M7.1M6M
Accounts Payable136.3M74M88.8M134.1M99.9M90.5M71.8M75.4M62.1M75.7M
Current Portion Long-Term Debt64.1M187.7M36.3M100.7M27.2M84.5M5.4M13.4M-10.4M
Current Portion Capital Leases----------
Accrued Expenses17.6M17.6M18.6M18M15.7M15.6M12.8M13.4M11.1M8.9M
Income Taxes Payable50M46.5M44M38.7M34.8M30.2M26.4M22M20.6M12.9M
Other Current Liabilities83.2M73.7M86.1M120.8M52.6M62.6M45.6M33.7M32.2M36.8M
Total Current Liabilities
351.2M399.5M275.4M416M230.2M283.4M163.1M158.9M133.1M150.7M
Mortgages----------
Deferred Taxes/Income230.5M584.1M579.8M510.7M479.1M423.8M373.6M325.2M253.1M169.6M
Convertible Debt----------
Long-Term Debt1.44B1.37B1.57B1.27B1.08B933.6M857.9M771.6M695.8M588.3M
Non-Current Capital Leases----------
Other Long-Term Liabilities990.9M659.4M660.8M550.1M341.6M411.6M402.1M368.4M372.1M389.3M
Total Liabilities
3.01B3.01B3.08B2.75B2.13B2.05B1.8B1.62B1.45B1.31B
Minority Interest---------9.8M
Preferred Stock----------
Common Stock Net1.4B1.3B1.27B1.11B885.2M784.7M705.6M636.1M613.4M534.1M
Capital Surplus----------
Retained Earnings689.4M625.9M573.3M530.1M489.1M459.6M431.6M399.9M385.4M380.9M
Treasury Stock----------
Other Liabilities-22.6M-28.2M-22.3M-26.5M-31.4M-43.3M-57.9M-51M-59.8M-87.9M
Shareholders Equity2.07B1.89B1.82B1.61B1.34B1.2B1.08B985M939M827.1M
Total Liabilities & Shareholders Equity5.08B4.91B4.91B4.36B3.48B3.25B2.88B2.61B2.39B2.13B
All figures in USD. M: Millions of USD, B: Billions of USD.
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Apart from balance sheet items, an investor would do well to keep track of the Allete stock price by looking at Allete historical stock prices. One can compare PE with industry average by looking at the Allete PE ratio chart. The common balance sheet items are:

  • Assets: ALE total assets, which was at $5.08B for 2017 is a balance sheet item representing value of what Allete owns. Assets are brought to aid a firms operations, or to increase its economic value. It must be noted that tech stocks may not have a lot of assets, as the value for these companies is often derived from future earning potential.
  • Liabilities: The total liabilities of Allete for the year 2017 total to $3.01B. Liabilities for a company like Allete include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

Allete Balance Sheet - Key Ratios

Current ratio
1.21
Debt to equity ratio
0.72
Asset turnover ratio
0.27
Receivables turnover
10.75
Price to book ratio
1.94