Pinnacle Debt Equity Ratio from 2010 to 2024

PNW Stock  USD 94.52  0.72  0.77%   
Pinnacle West Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio will likely drop to 1.19 in 2024. During the period from 2010 to 2024, Pinnacle West Debt Equity Ratio regression line of quarterly data had mean square error of  0.03 and geometric mean of  1.04. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
1.46092795
Current Value
1.19
Quarterly Volatility
0.21756353
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Pinnacle West financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Pinnacle West's main balance sheet or income statement drivers, such as Interest Expense of 347.9 M, Total Revenue of 3.1 B or Gross Profit of 1.8 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0323 or PTB Ratio of 1.13. Pinnacle financial statements analysis is a perfect complement when working with Pinnacle West Valuation or Volatility modules.
  
Check out the analysis of Pinnacle West Correlation against competitors.

Latest Pinnacle West's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Pinnacle West Capital over the last few years. It is Pinnacle West's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Pinnacle West's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Pinnacle Debt Equity Ratio Regression Statistics

Arithmetic Mean1.06
Geometric Mean1.04
Coefficient Of Variation20.47
Mean Deviation0.18
Median1.00
Standard Deviation0.22
Sample Variance0.05
Range0.651
R-Value0.57
Mean Square Error0.03
R-Squared0.33
Significance0.03
Slope0.03
Total Sum of Squares0.66

Pinnacle Debt Equity Ratio History

2024 1.19
2023 1.46
2022 1.34
2021 1.25
2020 1.15
2019 1.06
2018 1.0

About Pinnacle West Financial Statements

Pinnacle West investors use historical fundamental indicators, such as Pinnacle West's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Pinnacle West. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 1.46  1.19 

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Additional Tools for Pinnacle Stock Analysis

When running Pinnacle West's price analysis, check to measure Pinnacle West's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pinnacle West is operating at the current time. Most of Pinnacle West's value examination focuses on studying past and present price action to predict the probability of Pinnacle West's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pinnacle West's price. Additionally, you may evaluate how the addition of Pinnacle West to your portfolios can decrease your overall portfolio volatility.