Avista (Avista) Debt-to-Equity

: 1.22 (As of Dec. 2023)

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Avista's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $364 Mil. Avista's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,670 Mil. Avista's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,485 Mil. Avista's debt to equity for the quarter that ended in Dec. 2023 was 1.22.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Avista's Debt-to-Equity or its related term are showing as below:

AVA' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.11 Med: 1.17 Max: 1.25
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of Avista was 1.25. The lowest was 1.11. And the median was 1.17.

AVA's Debt-to-Equity is ranked worse than
62.24% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs AVA: 1.22

Avista Debt-to-Equity Historical Data

The historical data trend for Avista's Debt-to-Equity 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.16

1.18

1.21

1.25

1.22

Avista Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																1.25	1.23	1.21	1.21	1.22

Competitive Comparison

For the Utilities - Diversified subindustry, Avista's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Avista Debt-to-Equity Distribution

For the Utilities - Regulated industry and Utilities sector, Avista's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Avista's Debt-to-Equity falls into.

Avista Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avista's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(364	+	2669.559)	/	2485.323
	=	1.22

Avista's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(364	+	2669.559)	/	2485.323
	=	1.22

Avista (NYSE:AVA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Avista Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Avista's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Avista (Avista) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Avista Corp (NYSE:AVA) » Definitions » Debt-to-Equity

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