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Pinnacle West Capital Corporation (PNW) |
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Pinnacle West Capital's Tangible Leverage Ratio
PNW's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Due to net new borrowings of 8.6%, Tangible Leverage Ratio fell to 2.12, below the Pinnacle West Capital's average Tangible Leverage Ratio.
Within Electric Utilities industry in the forth quarter 2023, 20 other companies have achieved lower Tangible Leverage Ratio than Pinnacle West Capital in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 1499, from total ranking in the third quarter 2023 at 1899 .
Explain Tangible Leverage Ratio?
What is PNW Market Share?
What are PNW´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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PNW Tangible Leverage Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Tangible Equity Change |
1.98 % |
2.02 % |
1.12 % |
2.14 % |
2.67 % |
Y / Y Total Liabilities Change |
18.75 % |
10.21 % |
-29.58 % |
-32.99 % |
-33.23 % |
Tangible Leverage Ratio MRQ |
2.12 |
1.88 |
2.01 |
1.85 |
1.82 |
PNW's Total
Ranking |
# 1499 |
# 1899 |
# 2718 |
# 2315 |
# 882 |
Seq. Tangible Equity Change |
-3.54 % |
7.18 % |
-1.41 % |
0.05 % |
-3.51 % |
Seq. Total Liabilities Change |
8.6 % |
0.58 % |
7.16 % |
1.45 % |
0.79 % |
Tangible Leverage Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Electric Utilities Industry |
# 21 |
Utilities Sector |
# 41 |
Overall Market |
# 1499 |
Tangible Leverage Ratio Statistics |
High |
Average |
Low |
2.98 |
2.38 |
1.68 |
(Jun 30 2017) |
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(Sep 30 2022) |
Cumulative Pinnacle West Capital's Tangible Leverage Ratio
PNW's Tangible Leverage Ratio for the trailling 12 Months
PNW Tangible Leverage Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Tangible Equity TTM Growth |
1.98 % |
2.02 % |
1.12 % |
2.14 % |
2.67 % |
Y / Y Total Liabilities TTM Growth |
18.75 % |
10.21 % |
-29.58 % |
-32.99 % |
-33.23 % |
Tangible Leverage Ratio TTM |
1.96 |
1.89 |
1.85 |
2.07 |
2.3 |
Total
Ranking TTM |
# 1202
| # 11
| # 145
| # 156
| # 1264
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Seq. Tangible Equity TTM Growth |
-3.54 % |
7.18 % |
-1.41 % |
0.05 % |
-3.51 % |
Seq. Total Liabilities TTM Growth |
8.6 % |
0.58 % |
7.16 % |
1.45 % |
0.79 % |
On the trailing twelve months basis Due to the net new borrowings of 8.6% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeTangible Leverage Ratio improved to 1.96, below the Pinnacle West Capital's average Tangible Leverage Ratio. Tangible Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Electric Utilities industry 9, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Pinnacle West Capital. While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 11 to 1202.
Explain Tangible Leverage Ratio?
What is PNW Market Share?
What are PNW´s Total Liabilities?
TTM Tangible Leverage Ratio Company Ranking |
Within: |
No. |
Within the Electric Utilities Industry |
# 10 |
Utilities Sector |
# 24 |
Within the Market |
# 1202 |
trailing twelve months Tangible Leverage Ratio Statistics |
High |
Average |
Low |
2.86 |
2.38 |
2.15 | (Dec 31 2023) |
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(Sep. 30, 2008) |
Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Electric Utilities Industry | Tangible Leverage Ratio | Dec 31 2023 MRQ Total Liabilities | Dec 31 2023 MRQ Tangible Equity | Ipalco Enterprises Inc | 5.71 | $ 5,105.055 Millions | $ 894.066 Millions | Itc Holdings Corp | 5.39 | $ 10,270.000 Millions | $ 1,904.000 Millions | Sunnova Energy International Inc | 5.13 | $ 9,377.931 Millions | $ 1,828.982 Millions | Dte Energy Co | 4.87 | $ 43,346.000 Millions | $ 8,906.000 Millions | Fortis Inc | 4.61 | $ 34,021.890 Millions | $ 7,382.708 Millions | Centerpoint Energy Inc | 4.15 | $ 22,870.000 Millions | $ 5,507.000 Millions | Constellation Energy Corporation | 3.67 | $ 39,833.000 Millions | $ 10,861.000 Millions | Emera Incorporated | 3.64 | $ 17,334.580 Millions | $ 4,762.222 Millions | Edison International | 3.56 | $ 63,814.000 Millions | $ 17,944.000 Millions | Altus Power Inc | 3.53 | $ 1,591.382 Millions | $ 451.379 Millions | Clearway Energy Inc | 3.49 | $ 17,186.000 Millions | $ 4,923.000 Millions | Duke Energy Corporation | 3.27 | $ 100,876.000 Millions | $ 30,884.000 Millions | Eversource Energy | 3.19 | $ 30,783.179 Millions | $ 9,641.792 Millions | American Electric Power Co Inc | 3.08 | $ 77,688.900 Millions | $ 25,233.400 Millions | Pg and e Corp | 2.95 | $ 74,529.000 Millions | $ 25,292.000 Millions | Entergy Corporation | 2.43 | $ 34,885.958 Millions | $ 14,369.007 Millions | Portland General Electric Company | 2.37 | $ 7,869.000 Millions | $ 3,319.000 Millions | Berkshire Hathaway Energy Company | 2.34 | $ 89,406.000 Millions | $ 38,193.000 Millions | Nextera Energy Inc | 2.27 | $ 119,721.000 Millions | $ 52,677.000 Millions | Evergy Inc | 2.23 | $ 16,384.700 Millions | $ 7,348.400 Millions | Nisource Inc | 2.19 | $ 18,917.900 Millions | $ 8,650.400 Millions | Pinnacle West Capital Corporation | 2.12 | $ 12,763.038 Millions | $ 6,017.752 Millions | Northwestern Energy Group Inc | 1.98 | $ 4,812.000 Millions | $ 2,427.728 Millions | Xcel Energy Inc | 1.95 | $ 34,398.000 Millions | $ 17,616.000 Millions | Astra Energy Inc | 1.93 | $ 6.089 Millions | $ 3.154 Millions | Algonquin Power and Utilities Corp | 1.87 | $ 9,761.981 Millions | $ 5,206.408 Millions | Hydro One Inc | 1.87 | $ 15,826.326 Millions | $ 8,441.320 Millions | Ameren Corporation | 1.73 | $ 19,191.000 Millions | $ 11,067.000 Millions | Public Service Enterprise Group Incorporated | 1.61 | $ 24,966.000 Millions | $ 15,477.000 Millions | Alliant Energy Corp | 1.59 | $ 10,778.000 Millions | $ 6,777.000 Millions |
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