Avista Balance Sheet Health
Financial Health criteria checks 0/6
Avista has a total shareholder equity of $2.5B and total debt of $2.9B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are $7.6B and $5.1B respectively. Avista's EBIT is $281.9M making its interest coverage ratio 2.2. It has cash and short-term investments of $12.3M.
Key information
115.1%
Debt to equity ratio
US$2.90b
Debt
Interest coverage ratio | 2.2x |
Cash | US$12.27m |
Equity | US$2.52b |
Total liabilities | US$5.13b |
Total assets | US$7.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AV6's short term assets ($561.9M) do not cover its short term liabilities ($580.3M).
Long Term Liabilities: AV6's short term assets ($561.9M) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: AV6's net debt to equity ratio (114.6%) is considered high.
Reducing Debt: AV6's debt to equity ratio has increased from 107.4% to 115.1% over the past 5 years.
Debt Coverage: AV6's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: AV6's interest payments on its debt are not well covered by EBIT (2.2x coverage).