Avista Corporation (AVA)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,591,000 2,528,090 2,527,240 2,520,500 2,485,320 2,409,890 2,400,420 2,385,310 2,334,670 2,234,850 2,237,490 2,233,300 2,154,740 2,101,640 2,069,970 2,068,590 2,029,730 1,982,850 1,975,040 1,959,100
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 for all reporting periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing its operations and investments relative to its total capital. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily composed of equity rather than debt. Avista Corporation appears to have a conservative approach to leverage, relying more on equity funding, which may indicate a lower risk of financial distress due to debt obligations. The consistent 0.00 debt-to-capital ratio suggests a stable and potentially less volatile financial position for the company.