Pinnacle West Capital Balance Sheet Health
Financial Health criteria checks 0/6
Pinnacle West Capital has a total shareholder equity of $6.3B and total debt of $9.0B, which brings its debt-to-equity ratio to 143.6%. Its total assets and total liabilities are $24.7B and $18.4B respectively. Pinnacle West Capital's EBIT is $865.3M making its interest coverage ratio 2.5. It has cash and short-term investments of $5.0M.
Key information
143.6%
Debt to equity ratio
US$9.03b
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$4.96m |
| Equity | US$6.28b |
| Total liabilities | US$18.38b |
| Total assets | US$24.66b |
Recent financial health updates
Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
Jan 26
Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Sep 14Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Jun 12Pinnacle West Capital (NYSE:PNW) Seems To Be Using A Lot Of Debt
Mar 03Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Nov 22Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Aug 14Recent updates
Pinnacle West Capital Corporation's (NYSE:PNW) Share Price Not Quite Adding Up
Apr 19Pinnacle West: Equity Offering Dilution Offset By Credit Stabilization
Mar 26Earnings Update: Pinnacle West Capital Corporation (NYSE:PNW) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Mar 01Are Investors Undervaluing Pinnacle West Capital Corporation (NYSE:PNW) By 33%?
Feb 11Here's Why Pinnacle West Capital (NYSE:PNW) Is Weighed Down By Its Debt Load
Jan 26Pinnacle West: Highest Yield Amongst Quality Utility Plays (Rating Upgrade)
Jan 12Pinnacle West Capital Corporation's (NYSE:PNW) Business Is Yet to Catch Up With Its Share Price
Dec 27Pinnacle West Capital (NYSE:PNW) Is Reinvesting At Lower Rates Of Return
Dec 12Pinnacle West: With Regulatory Problems In The Past, Nearing A Strong Entry Point
Nov 13Is Pinnacle West Capital Corporation (NYSE:PNW) Trading At A 21% Discount?
Nov 09Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Sep 14Pinnacle West: Stellar Outperformance Amongst Utilities
Sep 11Pinnacle West Capital (NYSE:PNW) Might Be Having Difficulty Using Its Capital Effectively
Aug 24Are Pinnacle West Capital Investors Setting Themselves Up For A Fall?
Jun 29Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Jun 12Some Investors May Be Worried About Pinnacle West Capital's (NYSE:PNW) Returns On Capital
May 26Calculating The Intrinsic Value Of Pinnacle West Capital Corporation (NYSE:PNW)
May 08Pinnacle West Capital (NYSE:PNW) Seems To Be Using A Lot Of Debt
Mar 03Pinnacle West Capital Q4 2022 Earnings Preview
Feb 24Pinnacle West Capital (NYSE:PNW) Will Be Hoping To Turn Its Returns On Capital Around
Feb 15Making Money With Pinnacle West When Everything Is Going Wrong
Feb 10Estimating The Intrinsic Value Of Pinnacle West Capital Corporation (NYSE:PNW)
Jan 05Pinnacle West: Bare-Bones Upside, Time For Some Calls
Jan 03Pinnacle West Capital declares $0.865 dividend
Dec 14Pinnacle West Capital (NYSE:PNW) Has No Shortage Of Debt
Nov 22Pinnacle West Capital GAAP EPS of $2.88 beats by $0.28, revenue of $1.47B beats by $160M
Nov 03Pinnacle West Capital's (NYSE:PNW) Returns On Capital Not Reflecting Well On The Business
Oct 31Pinnacle West Capital to raise dividend by ~2% to $0.865/share
Oct 21Pinnacle West - From Cheap To Overvalued Again
Aug 15Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
Aug 14Pinnacle West Capital Q2 2022 Earnings Preview
Aug 02Pinnacle West Capital (NYSE:PNW) Is Reinvesting At Lower Rates Of Return
Jul 28Pinnacle West - Starting To Look Expensive Due To Muted Earnings
Jun 01Is Pinnacle West Capital (NYSE:PNW) Using Too Much Debt?
May 16The Returns On Capital At Pinnacle West Capital (NYSE:PNW) Don't Inspire Confidence
Apr 29Financial Position Analysis
Short Term Liabilities: PNW's short term assets ($1.9B) do not cover its short term liabilities ($2.9B).
Long Term Liabilities: PNW's short term assets ($1.9B) do not cover its long term liabilities ($15.5B).
Debt to Equity History and Analysis
Debt Level: PNW's net debt to equity ratio (143.5%) is considered high.
Reducing Debt: PNW's debt to equity ratio has increased from 97.5% to 143.6% over the past 5 years.
Debt Coverage: PNW's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: PNW's interest payments on its debt are not well covered by EBIT (2.5x coverage).