Avista Corporation (AVA)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,591,000K
= 0.00
The debt-to-equity ratio for Avista Corporation has consistently remained at 0.00 over the past few years as per the data provided. This indicates that the company has not used debt financing as a source of capital and relies primarily on equity to fund its operations and investments. A debt-to-equity ratio of 0.00 signifies that the company has no debt in relation to its equity, which may imply a lower financial risk and a strong financial position. However, it is important to note that a very low debt-to-equity ratio may also suggest that the company is not taking full advantage of leverage to potentially enhance returns for its shareholders. In this case, further analysis of Avista Corporation's financial structure and strategies would be necessary to fully understand its capital allocation decisions.
Peer comparison
Dec 31, 2024