Avista Corporation (AVA)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,591,000 | 2,485,320 | 2,334,670 | 2,154,740 | 2,029,730 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,591,000K)
= 0.00
The debt-to-capital ratio for Avista Corporation has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations without relying heavily on debt, instead using a combination of equity and retained earnings to fund its activities. A low debt-to-capital ratio typically signifies a lower financial risk for the company, as it suggests a lower level of leverage and a stronger equity position. Avista Corporation's stable debt-to-capital ratio over the years suggests a prudent approach to capital structure management.
Peer comparison
Dec 31, 2024