ALLETE, Inc. company logo
ALLETE, Inc. logo

ALLETE, Inc. (ALE) Quick Ratio

Annual Quick Ratio

0.690.09-11.54%

Summary

Current Value
As of today, ALE annual quick ratio is 0.69, down -11.54% on
Historical Performance
ALE annual quick ratio is up +91.67% over the past 3 years, and up +76.92% over the past 5 years
All-Time High Comparison
ALE annual quick ratio vs all-time high is unknown
3-Year Low Comparison
ALE annual quick ratio vs 3-year low value is unknown

Quick Ratio Chart

Add series to chart
Add series to chart1/6
Series
SUGGESTED SERIES

Performance

ALE Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio0.69-11.5%+91.7%+76.9%-40.0%
Quarterly Quick Ratio0.73-23.2%+108.6%+143.3%-58.5%
Price$67.90+3.4%+7.5%+3.3%+82.3%
Annual Current Assets$435.20M-7.0%+49.4%+61.5%+107.2%
Annual Inventory$154.60M-11.9%+58.2%+112.4%+171.2%
Annual Current Liabilities$404.20M+7.0%-25.6%-20.3%+203.7%
Annual Current Ratio1.08-12.9%+100.0%+103.8%-31.6%
Annual Debt To Equity0.640.0%-22.9%-13.5%-15.8%
Piotroski F-Score4-33.3%-20.0%-20.0%-42.9%
Altman Z-Score1.07+1.9%+12.6%+18.9%-14.4%

Quick Ratio Highs

ALE Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y0.78N/A
5Y0.78N/A
All3.07N/A

Quick Ratio Lows

ALE Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y0.37N/AN/A
5Y0.36N/A
All0.36N/A

Quick Ratio History

YearValueChange
0.69-11.5%
0.78+110.8%
0.37+2.8%
0.36-7.7%
0.390.0%
0.39-36.1%
0.61-20.8%
0.77+79.1%
0.43-51.7%
0.89+34.8%
0.66-32.7%
0.98+53.1%
0.64-45.3%
1.17+17.0%
1.00-13.0%
1.15-8.7%
1.26+24.8%
1.01-36.9%
1.60-43.9%
2.85-7.2%
3.07+145.6%
1.25+48.8%
0.84-32.8%
YearValueChange
1.25+25.0%
1.00-26.5%
1.36+1.5%
1.34+26.4%
1.06+15.2%
0.92+4.5%
0.88-32.8%
1.31-24.3%
1.73+103.5%
0.85+10.4%
0.77+37.5%
0.56-21.1%
0.71-5.3%
0.75+36.4%
0.55-28.6%
0.77-16.3%
0.92-2.1%
0.94+49.2%
0.63-7.4%
0.68-19.0%
0.84+61.5%
0.52-

FAQ

  • What is the current annual quick ratio of ALE?

    As of today, ALE annual quick ratio is 0.69

  • What is 1-year change in ALE annual quick ratio?

    ALE annual quick ratio is down -11.54% year-over-year

  • What is 3-year change in ALE annual quick ratio?

    ALE annual quick ratio is up +91.67% over the past 3 years

  • How far is ALE annual quick ratio from its all-time high?

    ALE annual quick ratio vs all-time high is unknown

  • When is ALE next annual earnings release?

    The next annual earnings release for ALE is on

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. ALE Official Website www.allete.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/66756/000006675625000088/0000066756-25-000088-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/66756/000006675625000013/0000066756-25-000013-index.htm
  4. ALE Profile on Yahoo Finance finance.yahoo.com/quote/ALE
  5. ALE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/ale