Avista (Avista) Interest Expense : $-140 Mil (TTM As of Dec. 2023)

View and export this data going back to 1987. Start your Free Trial

What is Avista Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Avista's interest expense for the three months ended in Dec. 2023 was $ -36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-140 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Avista's Operating Income for the three months ended in Dec. 2023 was $ 99 Mil. Avista's Interest Expense for the three months ended in Dec. 2023 was $ -36 Mil. Avista's Interest Coverage for the quarter that ended in Dec. 2023 was 2.79. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Avista Interest Expense Historical Data

The historical data trend for Avista's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avista Interest Expense Chart

Avista Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-100.18

-100.98

-102.17

-114.97

-139.67

Avista Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-31.11	-34.81	-34.76	-34.56	-35.54

Avista Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-140 Mil.

Avista (NYSE:AVA) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Avista's Interest Expense for the three months ended in Dec. 2023 was $-36 Mil. Its Operating Income for the three months ended in Dec. 2023 was $99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,670 Mil.

Avista's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	99.194	/	-35.535
	=	2.79

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Avista Corp interest coverage is 1.85, which is low.

Avista (Avista) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Avista Corp (NYSE:AVA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

AV6:Germany

Address

1411 East Mission Avenue, Spokane, WA, USA, 99202-2600

Website

https://www.avistacorp.com

Avista Corp is an electric and natural gas utility company headquartered in Spokane, Washington. Avista primarily operates in the Pacific Northwest of the United States along with some operations in Juneau, Alaska. The company has two major business segments including Avista Utilities, which provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho and also provides natural gas distribution service in parts of northeastern and southwestern Oregon. Avista Utilities has electric generating facilities in Washington, Idaho, Oregon and Montana. AEL&P is a regulated utility providing electric services in Juneau, Alaska that is a wholly-owned subsidiary and the primary operating subsidiary of AERC.

Executives

Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
James M Kensok	officer: Vice President & CIO	1411 E MISSION AVENUE, SPOKANE WA 99202
Scott L Morris	officer: Sr. Vice President	1411 E MISSION AVE, SPOKANE WA 99202
David J Meyer	officer: Sr. VP & General Counsel	1411 E MISSION AVE, SPOKANE WA 99202
Jason R Thackston	officer: Vice President	1411 E MISSION AVENUE, SPOKANE WA 99202
Wayne O Manuel	officer: Vice President	1411 E MISSION, SPOKANE WA 99202
Mark T Thies	officer: Sr. Vice President & CFO	1411 E. MISSION AVENUE, SPOKANE WA 99202
Kevin B Jacobsen	director, other: Incoming Board Member	1221 BROADWAY, OAKLAND CA 94612
Bryan Alden Cox	officer: Vice President	1411 E MISSION AVENUE, SPOKANE WA 99202
Scott J Kinney	officer: Vice President	1411 E MISSION AVE, SPOKANE WA 99202
Joshua D Diluciano	officer: Vice President	1411 E MISSION AVE, SPOKANE WA 99202
Kevin J Christie	officer: Vice President	1411 E MISSION AVE, SPOKANE WA 99202
Julie A. Bentz	director, other: Incoming Board Member	1411 E MISSION AVE, SPOKANE WA 99202
Sena M Kwawu	director, other: Incoming Board Member	1411 E MISSION AVENUE, SPOKANE WA 99202
Heidi B Stanley	other: Director Nominee	1411 E MISSION AVE, SPOKANE WA 99220-3727