Avista Corporation (AVA)

Debt-to-equity 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-equity ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,591,000K
= 0.00

The debt-to-equity ratio of Avista Corporation has been consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 signifies that the company has no debt or a minimal amount of debt in relation to its equity. This indicates a low level of financial risk and a strong financial position, as the company is primarily funded by equity rather than debt. Avista Corporation's stable and low debt-to-equity ratio suggests a conservative approach to financing and a balanced capital structure.