IDACORP Inc (IDA)
Debt-to-assets 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 assets | US$ in thousands | 9,239,360 | 9,105,120 | 8,677,130 | 8,347,410 | 8,475,920 | 8,293,530 | 7,839,070 | 7,878,890 | 7,543,260 | 7,523,940 | 7,452,100 | 7,284,560 | 7,210,520 | 7,254,050 | 7,201,460 | 7,078,300 | 7,095,240 | 6,930,160 | 7,020,530 | 6,609,950 |
| Debt-to-assets 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-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $9,239,360K
= 0.00
The debt-to-assets ratio of IDACORP Inc has consistently been at 0.00 for all quarters from March 31, 2020, to December 31, 2024. This indicates that the company has no debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 suggests that IDACORP Inc is primarily financed through equity rather than debt, which may indicate a low level of financial risk and a strong financial position. Overall, maintaining a consistently low debt-to-assets ratio can be seen as a positive indicator of financial stability and prudent financial management by IDACORP Inc.
Peer comparison
Dec 31, 2024