ALE ALLETE: Company Current Liabilities

Minnesota Power (ALE) - corporate logo

ALLETE, Inc. utilizes external contractors for wind farm installation, as evidenced by its short-term debt burden ratio. The current level of this metric stands at 0.37, reflecting financial stability. This has enabled the launch of the Clean Energy Blueprint program to expand the rate base. Consequently, the company is successfully reducing its coal dependency by transitioning to green power generation in the US.

Company Short-Term Loans and Borrowings: ALLETE (ALE) for 07/04/2022 - 12/27/2025

ALLETE Energy - analytical breakdowns and key metrics (ALE)

- price and consensus price forecast:
Stock Price ALLETE|ALE - Analyst Target Range
- market capitalization data:
Market Valuation ALLETE, Inc.|ALE - Total Enterprise Value
- book capitalization data:
Accounting Value per Share ALLETE|ALE - Accounting Value of Company|Market Value to Book Value Ratio allete.com|ALE - Company Total Asset Base
- debt and liquidity data:
Total Debt to Equity Ratio ALLETE, Inc.|ALE - Long-Term Debt to Capital|Short-Term Debt to Equity ALLETE, Inc.|ALE - Company Aggregate Indebtedness|Debt to Book Capitalization Ratio ALLETE, Inc.|ALE - Long-Term Liabilities|Company Short-Term Debt ALLETE
Fundamental company valuation:ALE, ALLETE
Manufactured products of ALLETE, Inc.

Short-term debt reflects the aggregate of all financial obligations of the enterprise with a maturity of up to one year, allowing for an assessment of liquidity risk in the event of insufficient operating cash flow. An analysis of short-term borrowed capital reveals the efficiency of working capital management at ALLETE, Inc. (ALE), which is critically important during the large-scale financing of the transition to renewable energy sources and the modernization of grid infrastructure in the Midwest.

Competitor analysis for ALLETE, Inc.

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