AQN Ratios (2010-2025) | AQN

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Ratios	Dec2010	Dec2011	Dec2012	Dec2013	Dec2014	Dec2015	Dec2016	Dec2017	Dec2018	Dec2019	Dec2020	Dec2021	Dec2022	Dec2023	Dec2024	Dec2025
Efficiency
Assets Average (Quarter)		1.13B	2.03B	3.06B	3.46B	3.68B	4.96B	7.24B	8.85B	10.16B	12.07B	15.01B	17.21B	18.00B	17.67B	15.55B
Equity Average (Quarter)		0.44B	0.98B	1.41B	1.51B	1.67B	1.79B	2.57B	3.49B	4.05B	5.03B	6.52B	7.11B	6.73B	6.40B	5.61B
Invested Capital (Quarter)	0.34B	0.54B	2.19B	2.59B	2.74B	1.74B	2.23B	3.28B	7.03B	8.34B	10.20B	13.59B	14.35B	14.12B	12.87B	11.58B
Asset Utilization Ratio (Quarter)					0.00	0.00	0.00	0.00
Leverage & Solvency
Debt to Equity (Quarter)	0.56	0.60	0.55	0.86	0.69	0.65	1.57	0.93	0.90	0.84	0.80	0.84	1.10	1.04	1.08	1.29
Debt Ratio (Quarter)	0.19	0.26	0.28	0.36	0.31	0.30	0.47	0.37	0.36	0.34	0.34	0.37	0.43	0.38	0.39	0.46
Equity Ratio (Quarter)	0.33	0.43	0.50	0.42	0.45	0.46	0.30	0.40	0.39	0.40	0.43	0.44	0.39	0.36	0.36	0.36
Valuation
Enterprise Value (Quarter)	-0.01B	-0.03B	0.43B	0.46B	-0.01B	-0.09B	0.28B	0.54B	-0.02B	-0.05B	-0.09B	-0.12B	-0.03B	0.04B	-0.04B	0.37B