Allete Inc (ALE)

Exchange
NYSE
Symbol
ALE
Sector
Energy & Transportation
Industry
Electric & Other Services Combined
Description
ALLETE, Inc. is an energy company. The company is headquartered in Duluth, Minnesota.
Country
USA

Stock price

At close: December 20, 2024

  • Open
    64.45
  • High
    64.75
  • Low
    64.45
  • Close
    64.50
  • Volume
    1,039,320

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
5.10
Receivables turnover
11.68
Payables turnover
8.75
Working capital turnover
20.77
Days of inventory on hand (DOH)
71.61
Days of sales outstanding (DSO)
31.26
Number of days of payables
41.73
Fixed asset turnover
0.37
Total asset turnover
0.28
 Liquidity ratios
Current ratio
1.24
Quick ratio
0.62
Cash ratio
0.19
Cash conversion cycle
61.15
 Solvency ratios
Debt-to-assets ratio
0.25
Debt-to-capital ratio
0.37
Debt-to-equity ratio
0.60
Financial leverage ratio
2.37
Interest coverage
4.40
 Profitability ratios
Gross profit margin
74.37%
Operating profit margin
9.62%
Pretax margin
14.63%
Net profit margin
13.15%
Operating return on assets (Operating ROA)
2.72%
Return on assets (ROA)
3.71%
Return on total capital
7.93%
Return on equity (ROE)
8.79%