Avista Balance Sheet Health
Financial Health criteria checks 0/6
Avista has a total shareholder equity of $2.5B and total debt of $3.0B, which brings its debt-to-equity ratio to 118.9%. Its total assets and total liabilities are $7.7B and $5.2B respectively. Avista's EBIT is $258.3M making its interest coverage ratio 2.1. It has cash and short-term investments of $38.7M.
Key information
118.9%
Debt to equity ratio
US$2.95b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$38.67m |
| Equity | US$2.49b |
| Total liabilities | US$5.22b |
| Total assets | US$7.70b |
Recent financial health updates
These 4 Measures Indicate That Avista (NYSE:AVA) Is Using Debt Extensively
Mar 28
Avista (NYSE:AVA) Has No Shortage Of Debt
Nov 08Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky
Jul 28Here's Why Avista (NYSE:AVA) Is Weighed Down By Its Debt Load
Mar 18Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky
Nov 17Is Avista (NYSE:AVA) Using Too Much Debt?
Aug 15Recent updates
These 4 Measures Indicate That Avista (NYSE:AVA) Is Using Debt Extensively
Mar 28Avista (NYSE:AVA) May Have Issues Allocating Its Capital
Mar 08A Look At The Fair Value Of Avista Corporation (NYSE:AVA)
Feb 21What Avista Corporation's (NYSE:AVA) P/E Is Not Telling You
Feb 06Avista: Ahead In The Renewables Transition, With Undervalued Shares And Generous Yield
Jan 09Avista Is A Solid Long-Term Buy
Dec 11Be Wary Of Avista (NYSE:AVA) And Its Returns On Capital
Dec 05Avista (NYSE:AVA) Has No Shortage Of Debt
Nov 08Avista: Holding Up Pretty Well, But Still Has Attractive Valuation Vs. Peers
Oct 27An Intrinsic Calculation For Avista Corporation (NYSE:AVA) Suggests It's 20% Undervalued
Oct 25Avista (NYSE:AVA) May Have Issues Allocating Its Capital
Aug 29Avista: Good Utility And Attractive Total Return Potential
Aug 22Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky
Jul 28Calculating The Fair Value Of Avista Corporation (NYSE:AVA)
Jul 08Avista Corporation: Renewable Energy Transformation Expanding Cash Flow Capabilities
Jun 09A Look At The Intrinsic Value Of Avista Corporation (NYSE:AVA)
Mar 31Here's Why Avista (NYSE:AVA) Is Weighed Down By Its Debt Load
Mar 18Avista Q4 2022 Earnings Preview
Feb 21Avista's (NYSE:AVA) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 06Avista raises dividend by 4.5% to $0.46/share
Feb 03Avista (NYSE:AVA) Could Be Struggling To Allocate Capital
Jan 19Avista: Buy This High-Yielding Utility On Dips
Dec 28Calculating The Intrinsic Value Of Avista Corporation (NYSE:AVA)
Dec 19Avista (NYSE:AVA) Use Of Debt Could Be Considered Risky
Nov 17Avista Q3 2022 Earnings Preview
Oct 31Avista (NYSE:AVA) Is Reinvesting At Lower Rates Of Return
Oct 11Avista Corporation: Still Overpriced But May Be Attracting ESG Money
Oct 10Is Avista (NYSE:AVA) Using Too Much Debt?
Aug 15Avista GAAP EPS of $0.16 misses by $0.01, revenue of $368.52M beats by $58.73M, confirms FY earning guidance
Aug 03A Look At The Fair Value Of Avista Corporation (NYSE:AVA)
Jul 29Avista Corporation: Getting More Expensive Due To ESG But Still Attractive
Jul 25Avista (NYSE:AVA) Will Want To Turn Around Its Return Trends
Jul 11Here's Why Avista (NYSE:AVA) Is Weighed Down By Its Debt Load
May 13Are Investors Undervaluing Avista Corporation (NYSE:AVA) By 21%?
Apr 28Returns On Capital At Avista (NYSE:AVA) Paint A Concerning Picture
Apr 12Financial Position Analysis
Short Term Liabilities: AVA's short term assets ($661.8M) do not cover its short term liabilities ($775.2M).
Long Term Liabilities: AVA's short term assets ($661.8M) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: AVA's net debt to equity ratio (117.3%) is considered high.
Reducing Debt: AVA's debt to equity ratio has increased from 117.4% to 118.9% over the past 5 years.
Debt Coverage: AVA's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: AVA's interest payments on its debt are not well covered by EBIT (2.1x coverage).