Avista Corporation (AVA)
Financial leverage 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 | ||
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Total assets | US$ in thousands | 7,941,000 | 7,780,880 | 7,683,770 | 7,648,980 | 7,702,480 | 7,470,030 | 7,371,320 | 7,393,930 | 7,417,350 | 7,055,800 | 6,937,710 | 7,036,010 | 6,853,580 | 6,731,480 | 6,646,300 | 6,399,500 | 6,402,100 | 6,283,130 | 6,302,620 | 6,174,000 |
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 |
Financial leverage ratio | 3.06 | 3.08 | 3.04 | 3.03 | 3.10 | 3.10 | 3.07 | 3.10 | 3.18 | 3.16 | 3.10 | 3.15 | 3.18 | 3.20 | 3.21 | 3.09 | 3.15 | 3.17 | 3.19 | 3.15 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,941,000K ÷ $2,591,000K
= 3.06
The financial leverage ratio of Avista Corporation has been relatively stable over the past few years, ranging between 3.03 to 3.21. The ratio indicates that the company relies more on debt financing compared to equity to fund its operations and investments. A higher financial leverage ratio suggests a higher level of financial risk due to increased debt obligations, which can impact the company's ability to meet its financial obligations, especially in challenging economic conditions. It is important for Avista Corporation to carefully manage its debt levels to maintain a healthy balance between debt and equity financing and ensure long-term financial stability.
Peer comparison
Dec 31, 2024