ALLETE Inc
NYSE:ALE

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ALLETE Inc Logo
ALLETE Inc
NYSE:ALE
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Price: 64.93 USD 0.9% Market Closed
Market Cap: 3.8B USD
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Balance Sheet

Balance Sheet Decomposition
ALLETE Inc

Current Assets 483.4m
Cash & Short-Term Investments 101.9m
Receivables 136.8m
Other Current Assets 244.7m
Non-Current Assets 6.3B
Long-Term Investments 337.9m
PP&E 5.1B
Intangibles 155.3m
Other Non-Current Assets 624.6m
Current Liabilities 334.4m
Accounts Payable 110.8m
Accrued Liabilities 22.5m
Other Current Liabilities 201.1m
Non-Current Liabilities 3.6B
Long-Term Debt 1.7B
Other Non-Current Liabilities 1.8B

Balance Sheet
ALLETE Inc

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Balance Sheet
Currency: USD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
146
97
28
99
69
69
44
45
36
72
Cash Equivalents
146
97
28
99
69
69
44
45
36
72
Total Receivables
103
121
123
135
144
96
112
124
138
113
Accounts Receivables
103
121
123
135
144
96
112
124
138
105
Other Receivables
0
0
0
0
0
0
0
0
0
8
Inventory
81
117
104
96
87
73
74
98
456
175
Other Current Assets
90
36
40
38
34
31
25
25
88
107
Total Current Assets
419
371
295
368
334
270
255
291
718
468
PP&E Net
3 372
3 719
3 773
3 849
3 929
4 377
4 881
5 123
5 036
5 037
Intangible Assets
5
215
213
226
223
1
0
1
156
155
Note Receivable
1
0
0
0
0
0
26
23
21
19
Long-Term Investments
147
149
160
145
186
198
301
318
323
331
Other Long-Term Assets
417
440
437
492
493
638
622
666
593
646
Total Assets
4 361
N/A
4 895
+12%
4 877
0%
5 080
+4%
5 165
+2%
5 483
+6%
6 085
+11%
6 422
+6%
6 846
+7%
6 656
-3%
Liabilities
Accounts Payable
134
89
74
136
150
165
110
111
103
102
Accrued Liabilities
18
19
18
18
18
25
26
25
24
24
Short-Term Debt
4
2
0
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
101
36
188
64
58
213
204
214
273
112
Other Current Liabilities
160
130
120
133
180
104
120
193
317
140
Total Current Liabilities
416
275
400
351
405
507
460
543
716
378
Long-Term Debt
1 273
1 557
1 370
1 439
1 429
1 401
1 593
1 763
1 648
1 682
Deferred Income Tax
511
580
555
231
224
213
196
182
158
193
Minority Interest
2
2
0
0
0
104
506
533
656
597
Other Liabilities
550
661
659
991
952
1 026
1 036
996
975
998
Total Liabilities
2 751
N/A
3 074
+12%
2 984
-3%
3 012
+1%
3 009
0%
3 251
+8%
3 790
+17%
4 018
+6%
4 154
+3%
3 847
-7%
Equity
Common Stock
1 108
1 271
1 295
1 401
1 429
1 437
1 461
1 537
1 782
1 804
Retained Earnings
530
573
626
689
755
819
865
891
935
1 026
Unrealized Security Profit/Loss
0
0
0
0
0
0
0
0
0
0
Other Equity
28
25
28
23
27
24
31
24
24
21
Total Equity
1 609
N/A
1 820
+13%
1 893
+4%
2 068
+9%
2 156
+4%
2 232
+4%
2 295
+3%
2 404
+5%
2 692
+12%
2 810
+4%
Total Liabilities & Equity
4 361
N/A
4 895
+12%
4 877
0%
5 080
+4%
5 165
+2%
5 483
+6%
6 085
+11%
6 422
+6%
6 846
+7%
6 656
-3%
Shares Outstanding
Common Shares Outstanding
46
49
50
51
52
52
52
53
57
58

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