IDACORP Balance Sheet Health
Financial Health criteria checks 1/6
IDACORP has a total shareholder equity of $3.3B and total debt of $3.1B, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are $9.1B and $5.8B respectively. IDACORP's EBIT is $318.1M making its interest coverage ratio 2.2. It has cash and short-term investments of $428.0M.
Key information
95.3%
Debt to equity ratio
US$3.12b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$427.95m |
| Equity | US$3.28b |
| Total liabilities | US$5.83b |
| Total assets | US$9.11b |
Recent financial health updates
Does IDACORP (NYSE:IDA) Have A Healthy Balance Sheet?
Oct 09
Here's Why IDACORP (NYSE:IDA) Is Weighed Down By Its Debt Load
Apr 20Recent updates
IDACORP (NYSE:IDA) Has Some Way To Go To Become A Multi-Bagger
Nov 22IDACORP's (NYSE:IDA) Profits Appear To Have Quality Issues
Nov 07IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.86
Nov 05IDACORP (NYSE:IDA) Will Pay A Larger Dividend Than Last Year At $0.86
Oct 22Does IDACORP (NYSE:IDA) Have A Healthy Balance Sheet?
Oct 09Idacorp: There's Still Time To Buy This Dividend Grower Now
Aug 28IDACORP (NYSE:IDA) Hasn't Managed To Accelerate Its Returns
Aug 07Risks To Shareholder Returns Are Elevated At These Prices For IDACORP, Inc. (NYSE:IDA)
Jul 16Calculating The Intrinsic Value Of IDACORP, Inc. (NYSE:IDA)
Jun 11Idacorp: This Underappreciated Dividend Growth Stock Remains A Buy
May 22IDACORP, Inc.'s (NYSE:IDA) CEO Compensation Looks Acceptable To Us And Here's Why
May 10Here's Why IDACORP (NYSE:IDA) Is Weighed Down By Its Debt Load
Apr 20Investors Met With Slowing Returns on Capital At IDACORP (NYSE:IDA)
Mar 12Idacorp: An Underfollowed Utility Worth Buying Now
Feb 25Analyst Estimates: Here's What Brokers Think Of IDACORP, Inc. (NYSE:IDA) After Its Full-Year Report
Feb 18Is Now The Time To Put IDACORP (NYSE:IDA) On Your Watchlist?
Jan 21IDACORP, Inc.'s (NYSE:IDA) Shareholders Might Be Looking For Exit
Jan 03You Should Have Idacorp On Your Watchlist
Dec 10Idacorp: Dividends A Positive; Valuations, Economic Value Not So Much
Sep 21IDACORP declares $0.79 dividend
Jan 19Financial Position Analysis
Short Term Liabilities: IDA's short term assets ($1.0B) exceed its short term liabilities ($606.2M).
Long Term Liabilities: IDA's short term assets ($1.0B) do not cover its long term liabilities ($5.2B).
Debt to Equity History and Analysis
Debt Level: IDA's net debt to equity ratio (82.2%) is considered high.
Reducing Debt: IDA's debt to equity ratio has increased from 74.3% to 95.3% over the past 5 years.
Debt Coverage: IDA's debt is not well covered by operating cash flow (18%).
Interest Coverage: IDA's interest payments on its debt are not well covered by EBIT (2.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 13:01 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
IDACORP, Inc. is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Paul Zimbardo | BofA Global Research |
| Ross Allen Fowler | BofA Global Research |
| Nathan Bates | D.A. Davidson & Co. |