Pinnacle West Capital Balance Sheet Health
Financial Health criteria checks 0/6
Pinnacle West Capital has a total shareholder equity of $6.8B and total debt of $9.7B, which brings its debt-to-equity ratio to 142.1%. Its total assets and total liabilities are $27.2B and $20.4B respectively. Pinnacle West Capital's EBIT is $1.0B making its interest coverage ratio 2.6. It has cash and short-term investments of $10.0M.
Key information
142.14%
Debt to equity ratio
US$9.73b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$10.05m |
| Equity | US$6.85b |
| Total liabilities | US$20.39b |
| Total assets | US$27.24b |
Recent financial health updates
Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
May 30
These 4 Measures Indicate That Pinnacle West Capital (NYSE:PNW) Is Using Debt Extensively
Feb 26Pinnacle West Capital (NYSE:PNW) Takes On Some Risk With Its Use Of Debt
Sep 10Recent updates
Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
May 30Pinnacle West Capital's (NYSE:PNW) Returns Have Hit A Wall
Apr 24Pinnacle West Capital Corporation's (NYSE:PNW) Shares May Have Run Too Fast Too Soon
Apr 06Pinnacle West: Steady Income Generator For Sleep-Well-At-Night Returns
Mar 14Pinnacle West Capital's (NYSE:PNW) Promising Earnings May Rest On Soft Foundations
Mar 05These 4 Measures Indicate That Pinnacle West Capital (NYSE:PNW) Is Using Debt Extensively
Feb 26Pinnacle West Capital Corporation's (NYSE:PNW) Intrinsic Value Is Potentially 30% Above Its Share Price
Jan 17Pinnacle West Capital Corporation's (NYSE:PNW) Earnings Are Not Doing Enough For Some Investors
Dec 06Pinnacle West Is Back To Fair Valuation
Nov 23Pinnacle West Capital (NYSE:PNW) Is Paying Out A Larger Dividend Than Last Year
Oct 27Is Pinnacle West Capital Corporation (NYSE:PNW) Trading At A 21% Discount?
Sep 28Pinnacle West Capital (NYSE:PNW) Takes On Some Risk With Its Use Of Debt
Sep 10
New Customer Rates And Calculated Investments Propel Revenue Growth In C&I Sectors
Increased revenue potential through new customer rates and sales growth in Commercial & Industrial sectors.Investors Met With Slowing Returns on Capital At Pinnacle West Capital (NYSE:PNW)
Aug 22Wait On Pinnacle West Capital For Lower Interest Rates
Aug 16Pinnacle West Capital Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Aug 04Pinnacle West Capital Corporation's (NYSE:PNW) Business Is Yet to Catch Up With Its Share Price
Jul 21Pinnacle West: Shares Look Fully Valued Now, But Growth Is On The Horizon
Jul 12An Intrinsic Calculation For Pinnacle West Capital Corporation (NYSE:PNW) Suggests It's 23% Undervalued
Jun 15Pinnacle West: Demand For Its Electricity Is Booming
Jun 10Pinnacle West: Equity Offering Dilution Offset By Credit Stabilization
Mar 26Pinnacle West: Highest Yield Amongst Quality Utility Plays (Rating Upgrade)
Jan 12Pinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry Point
Nov 13Financial Position Analysis
Short Term Liabilities: PNW's short term assets ($1.6B) do not cover its short term liabilities ($3.2B).
Long Term Liabilities: PNW's short term assets ($1.6B) do not cover its long term liabilities ($17.2B).
Debt to Equity History and Analysis
Debt Level: PNW's net debt to equity ratio (142%) is considered high.
Reducing Debt: PNW's debt to equity ratio has increased from 108% to 142.1% over the past 5 years.
Debt Coverage: PNW's debt is not well covered by operating cash flow (17.1%).
Interest Coverage: PNW's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/05 03:48 |
| End of Day Share Price | 2025/06/05 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Pinnacle West Capital Corporation is covered by 32 analysts. 11 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 |
|---|---|
| Gary Hovis | Argus Research Company |
| Nicholas Campanella | Barclays |
| Daniel Ford | Barclays |