IDACORP Inc (IDA)
Debt-to-capital 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 | 3,330,950 | 2,907,570 | 2,807,240 | 2,668,440 | 2,559,980 |
| Debt-to-capital ratio | 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 + $3,330,950K)
= 0.00
Based on the data provided, IDACORP Inc has maintained a consistent debt-to-capital ratio of 0.00 from December 31, 2020, to December 31, 2024. This implies that the company has been financing its operations with equity capital rather than debt. A debt-to-capital ratio of 0.00 indicates that the company has no debt in its capital structure and relies solely on equity to fund its operations and growth. This suggests a strong financial position with lower financial risk and greater financial flexibility. Furthermore, it indicates that the company may have a conservative approach to leverage, which can be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024