Pinnacle West Capital Balance Sheet Health
Financial Health criteria checks 0/6
Pinnacle West Capital has a total shareholder equity of $6.3B and total debt of $9.2B, which brings its debt-to-equity ratio to 146%. Its total assets and total liabilities are $24.8B and $18.5B respectively. Pinnacle West Capital's EBIT is $883.1M making its interest coverage ratio 2.5. It has cash and short-term investments of $9.6M.
Key information
146.0%
Debt to equity ratio
US$9.21b
Debt
Interest coverage ratio | 2.5x |
Cash | US$9.63m |
Equity | US$6.31b |
Total liabilities | US$18.54b |
Total assets | US$24.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PWC's short term assets ($1.8B) do not cover its short term liabilities ($3.1B).
Long Term Liabilities: PWC's short term assets ($1.8B) do not cover its long term liabilities ($15.5B).
Debt to Equity History and Analysis
Debt Level: PWC's net debt to equity ratio (145.8%) is considered high.
Reducing Debt: PWC's debt to equity ratio has increased from 100% to 146% over the past 5 years.
Debt Coverage: PWC's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: PWC's interest payments on its debt are not well covered by EBIT (2.5x coverage).