Algonquin Power & Utilities Corp. balance sheet

At the end of fiscal 2025, Algonquin Power & Utilities Corp. had total assets of $14.14bn and shareholders' equity of $4.64bn. It held $32.7m in cash against $8.46bn of debt: net debt of $8.43bn.

Balance sheet

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Algonquin Power & Utilities Corp.: balance sheet, annual
Fiscal year	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	0.0	0.0	0.1	0.1	0.1	0.1	0.0	0.0	0.0
Receivables	0.2	0.2	0.3	0.3	0.4	0.5	0.4	0.4	0.5
Total current assets	0.5	0.5	0.5	0.7	0.9	1.1	1.1	1.1	1.2
Goodwill	1.0	1.0	1.0	1.2	1.2	1.3	1.3	1.3	1.3
Total assets	8.4	9.4	10.9	13.2	16.8	17.6	18.4	17.0	14.1
Accounts payable	0.1	0.1	0.2	0.2	0.2	0.2	0.2	0.2	0.1
Total current liabilities	0.6	0.5	0.9	1.0	1.4	1.5	1.7	1.5	1.2
Short-term debt	0.0	0.0	0.2	0.1	0.4	0.4	0.6	0.5	0.4
Long-term debt	3.1	3.3	3.7	4.4	5.9	7.1	6.9	6.2	6.2
Total debt	3.1	5.9	7.1	7.8	9.4	12.0	11.0	9.1	8.5
Total liabilities	—	—	6.2	7.2	9.1	—	—	—	—
Shareholders' equity	2.7	3.2	3.9	5.2	5.9	5.2	5.0	4.7	4.6
Non-controlling interests and other (assets − liabilities − equity)	—	—	0.9	0.8	1.9	—	—	—	—
Net debt (negative = net cash)	3.0	5.9	7.0	7.7	9.3	12.0	10.9	9.0	8.4
Shares outstanding	432m	489m	524m	597m	672m	684m	689m	767m	768m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Algonquin Power & Utilities Corp.'s SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Algonquin Power & Utilities Corp.