Is it safe?
Can AQN take a bad year?
Algonquin Power & Utilities Corp. carries $7.53B of net debt at 8.64× EBITDA: a heavy load to carry through a bad year.
$7.53B
Net debt · as at Q2 2025 · over four years of earnings before interest, tax and depreciation, heavy
- Net debt / EBITDA
- 8.64×
Net debt / EBITDA · 9.17× a year ago · the load is coming down
- Cash runway
- 0.4 years
Cash runway · burning $33M a quarter at the current rate
- Annualised volatility
- 31%
Annualised volatility · about as steady as the market itself
Details›
- Total debtQ2 2025
- $7.59B
- Cash and short-term investments
- $54M
- Net debt
- $7.53B
- EBITDA, trailing twelve months
- $872M
- Operating profit, trailing twelve months
- $473M
- Debt / equity
- 1.62×
- Total debt / EBITDA
- 8.70×
- Annualised volatilitytwo years of daily moves
- 31%
- Worst drawdown on file
- −70%
- Below its 52-week high
- −17%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.