IDACORP Inc (IDA)
Debt-to-capital 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 | 3,330,950 | 3,269,740 | 3,196,310 | 2,915,140 | 2,907,570 | 2,920,890 | 2,853,760 | 2,823,060 | 2,807,240 | 2,778,300 | 2,706,810 | 2,677,510 | 2,668,440 | 2,670,610 | 2,606,410 | 2,569,420 | 2,559,980 | 2,565,990 | 2,495,800 | 2,467,380 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,330,950K)
= 0.00
The debt-to-capital ratio of IDACORP Inc has consistently remained at 0.00 for all the quarters from March 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations primarily through equity rather than debt during this period. A debt-to-capital ratio of 0.00 implies that the company has zero debt in relation to its total capital, which is a strong indicator of financial stability and lower risk compared to companies with higher levels of debt. IDACORP Inc's consistent low debt-to-capital ratio suggests a conservative capital structure and a potentially lower financial risk profile, which may be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024