AltaGas Days Of Inventory On Hand from 2010 to 2026
| ALA Stock | CAD 47.32 0.08 0.17% |
Days Of Inventory On Hand | First Reported 2010-12-31 | Previous Quarter 22.93 | Current Value 18.08 | Quarterly Volatility 18.50518342 |
Macro event markers
Review AltaGas financial statements over time to add context on performance and capital structure. Key drivers include Depreciation And Amortization of 579.6 M, Interest Expense of 549.4 M or Selling General Administrative of 2.1 B along with ratios such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0501 or PTB Ratio of 1.54. This view complements AltaGas Valuation and Volatility modules.
AltaGas | Days Of Inventory On Hand |
Evaluating AltaGas's Days Of Inventory On Hand across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into AltaGas's fundamental strength.
Latest AltaGas' Days Of Inventory On Hand Growth Pattern
Below is the plot of the Days Of Inventory On Hand of AltaGas over the last few years. It is AltaGas' Days Of Inventory On Hand historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AltaGas' overall financial position and show how it may be relating to other accounts over time.
| Days Of Inventory On Hand | 10 Years Trend |
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Days Of Inventory On Hand |
| Timeline |
AltaGas Days Of Inventory On Hand Regression Statistics
| Arithmetic Mean | 36.88 | |
| Geometric Mean | 30.81 | |
| Coefficient Of Variation | 50.18 | |
| Mean Deviation | 14.44 | |
| Median | 34.91 | |
| Standard Deviation | 18.51 | |
| Sample Variance | 342.44 | |
| Range | 61.3976 | |
| R-Value | 0.05 | |
| Mean Square Error | 364.36 | |
| R-Squared | 0.0025 | |
| Significance | 0.85 | |
| Slope | 0.18 | |
| Total Sum of Squares | 5,479 |
AltaGas Days Of Inventory On Hand History
About AltaGas Ltd
AltaGas Ltd. operates as a diversified energy infrastructure company in North America. AltaGas Ltd. was founded in 1994 and is headquartered in Calgary, Canada. ALTAGAS operates under UtilitiesRegulated Gas classification in Canada and is traded on Toronto Stock Exchange. It employs 2801 people. The stock overview for AltaGas summarizes business drivers, financial profile, and market behavior. The company is positioned within Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy. Current metrics include P/E of 14.61, P/B of 1.77, profit margin of 6.05%. AltaGas has a market cap of 14.72 B, P/E of 14.61, ROE of 8.38%. 
Raphi Shpitalnik ยท Junior Member of Macroaxis Editorial Board
Methodology
Unless otherwise specified, financial data for AltaGas is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. AltaGas (CA:ALA) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: Inputs rely on public filings and market reference sources and institutional disclosures from U.S. Securities and Exchange Commission (SEC) via EDGAR. Publication cadence can introduce timing differences. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Analyst Sources
AltaGas may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.
AltaGas Stock is Curated By:
Raphi Shpitalnik ยท Junior Member of Macroaxis Editorial BoardPair Trading with AltaGas
Pair trading with AltaGas can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.
Moving together with AltaGas Stock
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| 0.97 | ENS | E Split Corp | PairCorr |
Moving against AltaGas Stock
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| 0.5 | FFH | Fairfax Financial | PairCorr |
The ability to find closely correlated positions to AltaGas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AltaGas when you sell it.
The correlation of AltaGas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1.
Correlation analysis and pair trading evaluation for AltaGas can be used to frame hedging context. The approach can be applied within sectors or across broader universes.More Resources for AltaGas Stock Analysis
Other Information on Investing in AltaGas Stock
AltaGas financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare AltaGas to other measures in a consistent way.