ATCO Balance Sheet Health
Financial Health criteria checks 1/6
ATCO has a total shareholder equity of CA$8.9B and total debt of CA$12.8B, which brings its debt-to-equity ratio to 144.3%. Its total assets and total liabilities are CA$27.7B and CA$18.9B respectively. ATCO's EBIT is CA$1.3B making its interest coverage ratio 2.6. It has cash and short-term investments of CA$1.3B.
Key information
144.28%
Debt to equity ratio
CA$12.78b
Debt
| Interest coverage ratio | 2.6x |
| Cash | CA$1.29b |
| Equity | CA$8.86b |
| Total liabilities | CA$18.88b |
| Total assets | CA$27.74b |
Recent financial health updates
Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden
Jan 04
ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt
Oct 01ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt
Mar 07Recent updates
ATCO's (TSE:ACO.X) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 07ATCO's (TSE:ACO.X) Dividend Will Be Increased To CA$0.5196
Jan 13Here's Why ATCO (TSE:ACO.X) Has A Meaningful Debt Burden
Jan 04ATCO (TSE:ACO.X) Has More To Do To Multiply In Value Going Forward
Nov 23There Is A Reason ATCO Ltd.'s (TSE:ACO.X) Price Is Undemanding
Oct 15ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt
Oct 01
Canadian Housing And Energy Trends Will Drive Future Opportunity
Expanding modular housing and international acquisitions position ATCO for revenue diversification and higher-margin growth across global infrastructure and energy markets.ATCO (TSE:ACO.X) Will Want To Turn Around Its Return Trends
Jun 22Market Still Lacking Some Conviction On ATCO Ltd. (TSE:ACO.X)
Apr 03Returns On Capital At ATCO (TSE:ACO.X) Paint A Concerning Picture
Mar 21ATCO (TSE:ACO.X) Seems To Be Using A Lot Of Debt
Mar 07A Look At The Fair Value Of ATCO Ltd. (TSE:ACO.X)
Feb 22Financial Position Analysis
Short Term Liabilities: ACO.X's short term assets (CA$2.5B) exceed its short term liabilities (CA$1.4B).
Long Term Liabilities: ACO.X's short term assets (CA$2.5B) do not cover its long term liabilities (CA$17.5B).
Debt to Equity History and Analysis
Debt Level: ACO.X's net debt to equity ratio (129.7%) is considered high.
Reducing Debt: ACO.X's debt to equity ratio has increased from 124.4% to 144.3% over the past 5 years.
Debt Coverage: ACO.X's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: ACO.X's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/17 11:17 |
| End of Day Share Price | 2026/02/17 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
ATCO Ltd. is covered by 10 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benjamin Pham | BMO Capital Markets Equity Research |
| Mark Jarvi | CIBC Capital Markets |
| Robert Catellier | CIBC Capital Markets |