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Alliant Energy stock: balance sheet and debt

LNT
$73.05Closing price of 12 Nov 2026MEQIRI Score 54 out of 100

Alliant Energy has a debt to equity ratio of 1.68 and an interest coverage of 2.3x.

Daily figure as of 13 Nov 2026

Debt / Equity
1.68
Interest coverage
2.3x
Current ratio
0.8
Cash & equivalents
$556M
Total assets
$25.82B
Equity ratio
28.4%
Goodwill
not reported separately
Net debt
$11.79B

Total assets and equity ratio

How large the balance sheet of Alliant Energy Corporation is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratioNet debt
2006$7.08Bnot reported separatelynot reported separately37.5%$1.43B
2007$7.19Bnot reported separatelynot reported separately37.3%$910.3M
2008$8.2Bnot reported separatelynot reported separately36.7%$1.61B
2009$9.04Bnot reported separatelynot reported separately32.7%$2.5B
2010$9.28Bnot reported separatelynot reported separately33.8%$2.59B
2011$9.69Bnot reported separatelynot reported separately32.6%$2.8B
2012$10.79Bnot reported separatelynot reported separately30.4%$3.33B
2013$11.11Bnot reported separatelynot reported separately31.3%$3.61B
2014$12.06Bnot reported separatelynot reported separately30.2%$3.85B
2015$12.5Bnot reported separatelynot reported separately31.4%$3.99B
2016$13.37Bnot reported separatelynot reported separately30.4%$4.56B
2017$14.19Bnot reported separatelynot reported separately30.9%$5.25B
2018$15.43Bnot reported separatelynot reported separately31.0%$5.92B
2019$16.7Bnot reported separatelynot reported separately32.4%$6.51B
2020$17.71Bnot reported separatelynot reported separately33.2%$7.11B
2021$18.55Bnot reported separatelynot reported separately32.3%$7.84B
2022$20.16Bnot reported separatelynot reported separately31.1%$8.7B
2023$21.24Bnot reported separatelynot reported separately31.9%$9.45B
2024$22.71Bnot reported separatelynot reported separately30.8%$10.33B
2025$25.82Bnot reported separatelynot reported separately28.4%$11.79B

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Debt
Figures as a table
YearCash & equivalentsEquityDebtDebt / Equity
2006$265.2M$2.65B$1.7B0.64
2007$745.6M$2.68B$1.66B0.62
2008$365M$3.01B$1.97B0.65
2009$199M$2.96B$2.7B0.91
2010$159.3M$3.14B$2.75B0.88
2011$11.4M$3.01B$2.81B0.89
2012$21.2M$3.13B$3.36B1.02
2013$9.8M$3.28B$3.62B1.04
2014$56.9M$3.44B$3.91B1.07
2015$5.8M$3.72B$4B1.02
2016$8.2M$3.86B$4.56B1.12
2017$27.9M$4.18B$5.28B1.21
2018$20.9M$4.59B$5.94B1.24
2019$16M$5.21B$6.53B1.21
2020$54M$5.69B$7.17B1.22
2021$39M$5.99B$7.88B1.32
2022$20M$6.28B$8.72B1.39
2023$62M$6.78B$9.51B1.4
2024$81M$7B$10.41B1.49
2025$556M$7.33B$12.35B1.68

Debt to equity divides debt by total equity, including non-controlling interests, as S&P calculates it. The equity column shows the part that belongs to shareholders.

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Dec 2025
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 21 Oct 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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