Avista (Avista) LT-Debt-to-Total-Asset : 0.35 (As of Dec. 2023)

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What is Avista LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Avista's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.35.

Avista's long-term debt to total assets ratio increased from Dec. 2022 (0.33) to Dec. 2023 (0.35). It may suggest that Avista is progressively becoming more dependent on debt to grow their business.

Avista LT-Debt-to-Total-Asset Historical Data

The historical data trend for Avista's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Avista Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.33

0.34

0.30

0.33

0.35

Avista Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.33	0.36	0.37	0.36	0.35

Avista LT-Debt-to-Total-Asset Calculation

Avista's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2669.559	/	7702.477
	=	0.35

Avista's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	2669.559	/	7702.477
	=	0.35

Avista (NYSE:AVA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Avista LT-Debt-to-Total-Asset Related Terms

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Avista (Avista) Business Description

Industry

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

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