Allete Balance Sheet - Quarterly (NYSE:ALE)

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

The Allete balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. As in our Allete stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. The balance sheet shows total liabilities of $3.01B and shareholders equity of $2.11B. Allete revenue and Allete operating cash flow are important in understanding the financial capacity of the company.

View and download Allete quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Cash121.9M98.5M98.9M104.4M84.2M81.8M27.5M107.2M91.9M97M
Marketable Securities----------
Receivables132.4M128.2M135.1M136.7M120.1M122.8M122.5M108.1M113.6M124.8M
Inventory145.4M143.1M95.9M102.6M103.4M110.5M104.2M107.4M110.4M116M
Raw Materials101.4M96.6M49.3M51.1M50.8M51.9M51.6M53.1M52.6M51.6M
Work In Progress4.4M4.2M4.2M3.5M-1.4M1M1.1M--
Finished Goods40.5M43.1M43.1M49M53.3M58.2M52.5M53.7M57.5M63.9M
Notes Receivable----------
Other Current Assets24.3M33.8M37.6M44.2M38.8M45.5M40.3M38.9M38.4M41.5M
Total Current Assets
424M403.6M367.5M387.9M346.5M360.6M294.5M361.6M354.3M379.3M
Property Plant & Equipment----------
Accumulated Depreciation--1.68B---1.56B---
Net Property Plant & Equipment
3.81B3.79B3.82B3.75B3.75B3.75B3.74B3.64B3.63B3.64B
Investment & Advances176.1M172.9M171.8M201.8M199.3M197.9M191.2M191.9M201.3M201.5M
Other Non-Current Assets----------
Deferred Charges----------
Intangibles225.8M224.5M225.9M228.9M210.8M212M213.4M211.4M212.7M213.9M
Deposits & Other Assets479.5M485M492.4M413.6M429.3M426.1M466.1M465.4M458M435.7M
Total Assets
5.11B5.07B5.08B4.98B4.93B4.94B4.91B4.87B4.86B4.87B
Notes Payable---1.6M3.7M--1.1M1M7.1M
Accounts Payable105M88.1M136.3M75.3M61M59.2M74M72.6M64.8M58.8M
Current Portion Long-Term Debt56.7M106.2M64.1M64.1M117.7M162.6M187.7M186.6M64.5M14.8M
Current Portion Capital Leases----------
Accrued Expenses18M14.6M17.6M14.6M17.5M14.8M17.6M14.8M17.8M14.9M
Income Taxes Payable42M60.5M50M51.8M39.1M56.1M46.5M36.7M37.7M52.2M
Other Current Liabilities128.5M130.2M83.2M84.7M70.1M70.6M73.7M93.6M85.9M82.8M
Total Current Liabilities
350.2M399.6M351.2M290.5M305.4M364.6M399.5M404.3M271.6M224.2M
Mortgages----------
Deferred Taxes/Income228.5M229.7M230.5M592.9M577M568.6M584.1M582.1M595.1M589.7M
Convertible Debt----------
Long-Term Debt1.46B1.4B1.44B1.44B1.4B1.37B1.37B1.36B1.5B1.55B
Non-Current Capital Leases----------
Other Long-Term Liabilities965.6M949M990.9M607.8M630.7M637M659.4M656.5M639.9M655M
Total Liabilities
3.01B2.97B3.01B2.94B2.91B2.94B3.01B3B3.01B3.02B
Minority Interest----------
Preferred Stock----------
Common Stock Net1.42B1.41B1.4B1.39B1.39B1.38B1.3B1.29B1.28B1.28B
Capital Surplus----------
Retained Earnings720.4M717.8M689.4M675.3M657.8M648M625.9M607.3M592.8M593.5M
Treasury Stock----------
Other Liabilities-27.6M-27.9M-22.6M-26.9M-27.3M-27.7M-28.2M-23.7M-24.2M-22M
Shareholders Equity2.11B2.1B2.07B2.04B2.02B2B1.89B1.87B1.85B1.85B
Total Liabilities & Shareholders Equity5.11B5.07B5.08B4.98B4.93B4.94B4.91B4.87B4.86B4.87B
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest Allete stock price, and Allete historical stock prices show the stock price movement over time, and the Allete PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: ALE total assets, which was at $5.11B for 2018 Q2 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 quarter 2018 Q2 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