IDACORP Balance Sheet Health
Financial Health criteria checks 1/6
IDACORP has a total shareholder equity of $2.9B and total debt of $2.8B, which brings its debt-to-equity ratio to 96.7%. Its total assets and total liabilities are $8.3B and $5.4B respectively. IDACORP's EBIT is $288.5M making its interest coverage ratio 2.2. It has cash and short-term investments of $157.6M.
Key information
96.7%
Debt to equity ratio
US$2.83b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$157.58m |
| Equity | US$2.92b |
| Total liabilities | US$5.42b |
| Total assets | US$8.35b |
Recent financial health updates
Here's Why IDACORP (NYSE:IDA) Is Weighed Down By Its Debt Load
Apr 20
IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet
Nov 06These 4 Measures Indicate That IDACORP (NYSE:IDA) Is Using Debt Extensively
Aug 03IDACORP (NYSE:IDA) Takes On Some Risk With Its Use Of Debt
Apr 25IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet
Jan 24IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet
Sep 27Recent updates
Here'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's (NYSE:IDA) Solid Earnings May Rest On Weak Foundations
Nov 15IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet
Nov 06IDACORP (NYSE:IDA) Has Announced That It Will Be Increasing Its Dividend To $0.83
Oct 22The Returns At IDACORP (NYSE:IDA) Aren't Growing
Oct 01Idacorp: Dividends A Positive; Valuations, Economic Value Not So Much
Sep 21Should You Be Adding IDACORP (NYSE:IDA) To Your Watchlist Today?
Sep 16A Look At The Intrinsic Value Of IDACORP, Inc. (NYSE:IDA)
Aug 31These 4 Measures Indicate That IDACORP (NYSE:IDA) Is Using Debt Extensively
Aug 03Return Trends At IDACORP (NYSE:IDA) Aren't Appealing
Jul 03Here's Why IDACORP (NYSE:IDA) Has Caught The Eye Of Investors
Jun 12IDACORP (NYSE:IDA) Takes On Some Risk With Its Use Of Debt
Apr 25Returns At IDACORP (NYSE:IDA) Appear To Be Weighed Down
Mar 10Is Now The Time To Put IDACORP (NYSE:IDA) On Your Watchlist?
Feb 21IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet
Jan 24IDACORP declares $0.79 dividend
Jan 19Investors Met With Slowing Returns on Capital At IDACORP (NYSE:IDA)
Nov 23IDACORP GAAP EPS of $2.10 beats by $0.05
Nov 03IDACORP's (NYSE:IDA) Dividend Will Be Increased To $0.79
Oct 24IDACORP declares $0.79 dividend
Oct 20IDACORP (NYSE:IDA) Has A Somewhat Strained Balance Sheet
Sep 27Calculating The Fair Value Of IDACORP, Inc. (NYSE:IDA)
Aug 25IDACORP (NYSE:IDA) Hasn't Managed To Accelerate Its Returns
Aug 10IDACORP Q2 2022 Earnings Preview
Aug 03IDACORP declares $0.75 dividend
Jul 21Is IDACORP (NYSE:IDA) A Risky Investment?
Jun 17A Look At The Fair Value Of IDACORP, Inc. (NYSE:IDA)
May 18Slowing Rates Of Return At IDACORP (NYSE:IDA) Leave Little Room For Excitement
Apr 29Financial Position Analysis
Short Term Liabilities: IDA's short term assets ($780.3M) exceed its short term liabilities ($505.4M).
Long Term Liabilities: IDA's short term assets ($780.3M) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: IDA's net debt to equity ratio (91.3%) is considered high.
Reducing Debt: IDA's debt to equity ratio has increased from 76.9% to 96.7% over the past 5 years.
Debt Coverage: IDA's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: IDA's interest payments on its debt are not well covered by EBIT (2.2x coverage).