ALE
Allete, Inc.
Halal Rating :
Last Price
$64.63
Last updated:
Market Cap
$3.75b
7D Change
-0.02%
1 Year Change
5.61%
Company Overview
Industries
Exchange
NYSE
Next Earnings Date
ALLETE, Inc. generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $407.2m | $382.2m | - | $20.3m | 0.00% | 5.31% |
| June 30, 2024 | $354.5m | $345.2m | - | $20.1m | 0.00% | 5.82% |
| March 31, 2024 | $403.3m | $376.4m | - | $20.4m | 0.00% | 5.42% |
Company Impact
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