Avista Financials

AVA Stock  USD 38.69  0.09  0.23%   
Based on the key measurements obtained from Avista's financial statements, Avista is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in January. At present, Avista's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 883.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 60.2 M. Key indicators impacting Avista's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.09390.0977
Sufficiently Down
Very volatile
Return On Assets0.02440.0222
Significantly Up
Slightly volatile
Return On Equity0.08310.0689
Fairly Up
Slightly volatile
Debt Equity Ratio0.921.1793
Significantly Down
Pretty Stable
Operating Income218.8 M257.7 M
Fairly Down
Slightly volatile
Current Ratio0.970.8538
Moderately Up
Slightly volatile
Investors should never underestimate Avista's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Avista's cash flow, debt, and profitability to make informed and accurate decisions about investing in Avista.

Cash And Equivalents

15.56 Million

  
Understanding current and past Avista Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Avista's financial statements are interrelated, with each one affecting the others. For example, an increase in Avista's assets may result in an increase in income on the income statement.
Please note, the presentation of Avista's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Avista's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Avista's management manipulating its earnings.

Avista Stock Summary

Avista competes with Allete, Black Hills, Montauk Renewables, Companhia Paranaense, and NorthWestern. Avista Corporation, together with its subsidiaries, operates as an electric and natural gas utility company. Avista Corporation was incorporated in 1889 and is headquartered in Spokane, Washington. Avista Corp is traded on New York Stock Exchange in the United States.
Specialization
Utilities, Utilities - Diversified
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS05379B1070
CUSIP05379B107 940688104
LocationWashington; U.S.A
Business Address1411 East Mission
SectorMulti-Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.investor.avistacorp.com/
Phone509 489 0500
CurrencyUSD - US Dollar

Avista Key Financial Ratios

Avista Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets6.1B6.4B6.9B7.4B7.7B5.1B
Other Current Liab98.1M132.5M172.9M230.4M228.1M445.1M
Net Debt2.2B2.4B2.6B2.9B3.0B1.6B
Retained Earnings738.8M758.0M785.6M811.5M841.4M883.4M
Accounts Payable110.2M106.6M133.1M203.0M143.3M180.3M
Cash9.9M14.2M22.2M13.4M35.0M41.2M
Net Receivables177.7M213.6M232.7M286.5M246.0M212.3M
Inventory66.6M67.5M84.7M107.7M160.0M168.0M
Other Current Assets26.9M48.7M94.9M314.2M220.9M409.8M
Total Liab4.1B4.4B4.7B5.1B5.2B3.7B
Total Current Assets305.1M344.0M434.5M721.8M661.8M707.8M
Common Stock1.2B1.3B1.4B1.5B1.6B940.7M
Other Liab1.6B1.8B1.8B1.7B1.9B1.1B
Other Assets717.2M1.0B1.1B858.8M987.6M630.5M
Long Term Debt1.9B2.0B1.9B2.3B2.6B1.5B
Short Term Debt237.8M221.7M565.4M484.1M371.9M238.1M
Net Tangible Assets1.9B2.0B2.1B2.3B2.6B1.8B
Long Term Debt Total1.8B2.0B1.9B2.3B2.6B1.8B

Avista Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense100.2M101.0M102.2M115.0M139.7M146.6M
Total Revenue1.3B1.3B1.4B1.7B1.8B1.9B
Gross Profit905.8M923.4M941.8M974.3M1.0B764.0M
Operating Income210.4M232.7M228.2M190.2M257.7M218.8M
Ebit210.4M226.3M226.8M193.3M277.2M218.2M
Ebitda430.1M450.5M459.0M446.4M542.6M406.6M
Net Income197.0M129.5M147.3M155.2M171.2M100.4M
Income Tax Expense31.4M7.1M12.0M(17.2M)(33.6M)(31.9M)
Income Before Tax228.1M136.5M159.4M138.0M137.6M148.9M
Cost Of Revenue439.8M398.5M497.1M735.9M702.4M1.1B
Tax Provision31.4M7.1M12.0M(17.2M)(33.6M)(31.9M)
Interest Income4.0M101.0M102.2M115.0M14.7M13.9M
Net Interest Income(96.1M)(97.8M)(99.0M)(111.1M)(125.0M)(131.3M)

Avista Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(6.1M)(868K)(17.3M)(22.9M)(52.3M)(49.7M)
Change In Cash(4.8M)4.3M8.0M(8.7M)21.6M22.7M
Free Cash Flow(44.3M)(73.3M)(172.6M)(327.8M)(51.6M)(49.0M)
Other Non Cash Items(68.1M)(38.1M)(112.5M)(148.0M)4.2M4.0M
Dividends Paid102.8M110.3M118.2M129.1M140.9M72.7M
Capital Expenditures442.5M404.3M439.9M452.0M498.6M281.1M
Net Income196.8M129.5M147.3M155.2M171.2M106.2M
End Period Cash Flow9.9M14.2M22.2M13.4M35.0M40.7M
Depreciation206.0M224.2M232.2M253.1M265.4M192.6M
Change Receivables(4.4M)(11.0M)(46.1M)(56.0M)(50.4M)(47.9M)
Net Borrowings83.1M127.4M218.1M325.8M374.6M393.4M
Change To Netincome13.3M52.9M(6.8M)(14.1M)(12.7M)(12.0M)
Investments(4.4M)2.4M6.5M(1.7M)(488.5M)(464.1M)

Avista Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Avista's current stock value. Our valuation model uses many indicators to compare Avista value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avista competition to find correlations between indicators driving Avista's intrinsic value. More Info.
Avista is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.31  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Avista is roughly  3.19 . At present, Avista's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avista's earnings, one of the primary drivers of an investment's value.

Avista Systematic Risk

Avista's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Avista volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Avista correlated with the market. If Beta is less than 0 Avista generally moves in the opposite direction as compared to the market. If Avista Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Avista is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Avista is generally in the same direction as the market. If Beta > 1 Avista moves generally in the same direction as, but more than the movement of the benchmark.

Avista Thematic Clasifications

Avista is part of Utilities investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
UtilitiesView
This theme covers USA Equities from Utilities industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Avista Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avista's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Avista growth as a starting point in their analysis.

Price Earnings To Growth Ratio

3.24

At present, Avista's Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting.

Avista December 1, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Avista help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Avista. We use our internally-developed statistical techniques to arrive at the intrinsic value of Avista based on widely used predictive technical indicators. In general, we focus on analyzing Avista Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Avista's daily price indicators and compare them against related drivers.

Complementary Tools for Avista Stock analysis

When running Avista's price analysis, check to measure Avista'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 Avista is operating at the current time. Most of Avista's value examination focuses on studying past and present price action to predict the probability of Avista's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avista's price. Additionally, you may evaluate how the addition of Avista to your portfolios can decrease your overall portfolio volatility.
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