Avista (AVA) Interest Coverage Ratio (2009 - 2023)
Avista's Interest Coverage Ratio was 1.07 in Q3 2023, up 65.1% from 0.65 a year earlier but down 12.7% from the prior quarter.
Avista (AVA) Interest Coverage Ratio (2009 - 2023) Analysis & Trends
On a trailing twelve-month basis, Avista's Interest Coverage Ratio was 1.71 through Sep 30, 2023, down 3.7% year-over-year; for FY2019, it came in at 2.04, down 22.0% from FY2018.
- Interest Coverage Ratio has now declined for three consecutive years.
- In earlier years, Interest Coverage Ratio was 2.62 in FY2018 (-14.5%), 3.06 in FY2017 (-11.6%), 3.47 in FY2016 (+9.5%) and 3.17 in FY2015 (-5.6%).
- Quarterly Interest Coverage Ratio has moved between 0.65 (Q3 2022) and 3.12 (Q1 2020) over five years.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2023 (growth of 65.1%); the worst was Q1 2019 (a decline of 31.2%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 2,624.00 |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 2.23 |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 2.14 |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 2.99 |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 0.59 |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 3.21 |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 1.22 |
| 10 | Avista | 3.32 Bn | 2.60 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 1.07 |
| Jun 30, 2023 | 1.23 |
| Sep 30, 2022 | 0.65 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2020 | 3.12 |
| Dec 31, 2019 | 2.82 |
| Sep 30, 2019 | 1.17 |
| Jun 30, 2019 | 1.56 |
| Mar 31, 2019 | 2.61 |
| Dec 31, 2018 | 3.03 |
| Sep 30, 2018 | 1.50 |
| Jun 30, 2018 | 2.12 |
| Mar 31, 2018 | 3.80 |
| Dec 31, 2017 | 3.47 |
| Sep 30, 2017 | 1.37 |
| Jun 30, 2017 | 2.45 |
| Mar 31, 2017 | 4.99 |
| Dec 31, 2016 | 3.71 |
| Sep 30, 2016 | 1.83 |
| Jun 30, 2016 | 2.89 |
Avista Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AVA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "AVA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AVA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();