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Pinnacle West Capital Corporation  (PNW)
Other Ticker:  
 
    Sector  Utilities    Industry Electric Utilities
   Industry Electric Utilities
   Sector  Utilities

Pinnacle West Capital's Tangible Leverage Ratio

PNW's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowing of 1.34%, Tangible Leverage Ratio fell to 2.23, below the Pinnacle West Capital's average Tangible Leverage Ratio.

Within Electric Utilities industry in the first quarter 2024, 8 other companies have achieved lower Tangible Leverage Ratio than Pinnacle West Capital in the I Quarter 2024. While Tangible Leverage Ratio total ranking has improved so far in the first quarter 2024 to 634, from total ranking in the forth quarter 2023 at 1499 .

Explain Tangible Leverage Ratio?
What is PNW Market Share?
What are PNW´s Total Liabilities?


PNW Tangible Leverage Ratio (Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Tangible Equity Change -1.8 % 1.98 % 2.02 % 1.12 % 2.14 %
Y / Y Total Liabilities Change 18.62 % 18.75 % 10.21 % -29.58 % -32.99 %
Tangible Leverage Ratio MRQ 2.23 2.12 1.88 2.01 1.85
PNW's Total Ranking # 634 # 1499 # 1899 # 2718 # 1819
Seq. Tangible Equity Change -3.66 % -3.54 % 7.18 % -1.41 % 0.05 %
Seq. Total Liabilities Change 1.34 % 8.6 % 0.58 % 7.16 % 1.45 %



Tangible Leverage Ratio first quarter 2024 Company Ranking
Within: No.
Electric Utilities Industry # 9
Utilities Sector # 21
Overall Market # 634


Tangible Leverage Ratio Statistics
High Average Low
2.98 2.37 1.68
(Jun 30 2017)   (Sep 30 2022)




Financial Statements
Pinnacle West Capital's Tangible Equity $ 5,798 Millions Visit PNW's Balance sheet
Pinnacle West Capital's Total Liabilities $ 12,934 Millions Visit PNW's Balance sheet
Source of PNW's Sales Visit PNW's Sales by Geography


Cumulative Pinnacle West Capital's Tangible Leverage Ratio

PNW's Tangible Leverage Ratio for the trailling 12 Months

PNW Tangible Leverage Ratio

(Mar 31 2024)
I. Quarter
(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
Y / Y Tangible Equity TTM Growth -1.8 % 1.98 % 2.02 % 1.12 % 2.14 %
Y / Y Total Liabilities TTM Growth 18.62 % 18.75 % 10.21 % -29.58 % -32.99 %
Tangible Leverage Ratio TTM 2.06 1.96 1.89 1.85 2.07
Total Ranking TTM # 18 # 2068 # 11 # 17 # 156
Seq. Tangible Equity TTM Growth -3.66 % -3.54 % 7.18 % -1.41 % 0.05 %
Seq. Total Liabilities TTM Growth 1.34 % 8.6 % 0.58 % 7.16 % 1.45 %


On the trailing twelve months basis Due to the net new borrowing of 1.34% during the trailing twelve months finishing in the I Quarter 2024, cumulativeTangible Leverage Ratio improved to 2.06, 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 PNW recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has improved so far to 18, from total ranking in previous 12 month period at 2068.

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 # 0
Utilities Sector # 0
Within the Market # 18


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
2.89 2.39 2.15
(Mar 31 2024)   (Sep. 30, 2008)




Companies with similar Tangible Leverage Ratio in the quarter ending Mar 31 2024, within Electric Utilities Industry Tangible Leverage RatioMar 31 2024 MRQ Total LiabilitiesMar 31 2024 MRQ Tangible Equity
Astra Energy Inc   5.77 $ 6.322  Millions$ 1.096  Millions
Itc Holdings Corp   5.33 $ 10,334.000  Millions$ 1,940.000  Millions
Dte Energy Co  5.11 $ 46,115.000  Millions$ 9,032.000  Millions
Firstenergy Corp   4.87 $ 38,902.000  Millions$ 7,995.000  Millions
Sunnova Energy International Inc   4.82 $ 9,681.097  Millions$ 2,007.938  Millions
Exelon Corporation  3.97 $ 77,150.000  Millions$ 19,431.000  Millions
Spruce Power Holding Corporation  3.84 $ 669.491  Millions$ 174.321  Millions
Centerpoint Energy Inc   3.80 $ 22,985.000  Millions$ 6,055.000  Millions
Edison International  3.75 $ 65,984.000  Millions$ 17,615.000  Millions
Altus Power Inc   3.71 $ 1,710.424  Millions$ 460.722  Millions
Constellation Energy Corporation  3.67 $ 40,815.000  Millions$ 11,135.000  Millions
Pnm Resources Inc   3.60 $ 7,659.776  Millions$ 2,126.433  Millions
Puget Energy Inc  3.41 $ 11,401.479  Millions$ 3,347.329  Millions
Duke Energy Corporation  3.24 $ 101,560.000  Millions$ 31,335.000  Millions
Eversource Energy  3.20 $ 32,083.042  Millions$ 10,011.453  Millions
American Electric Power Co Inc   3.04 $ 78,348.800  Millions$ 25,791.200  Millions
Pg and e Corp  2.89 $ 75,099.000  Millions$ 25,983.000  Millions
Entergy Corporation  2.85 $ 40,529.484  Millions$ 14,200.267  Millions
Berkshire Hathaway Energy Company  2.36 $ 91,276.000  Millions$ 38,751.000  Millions
Portland General Electric Company  2.35 $ 8,129.000  Millions$ 3,459.000  Millions
Evergy Inc   2.28 $ 16,686.600  Millions$ 7,327.500  Millions
Nextera Energy Inc   2.25 $ 121,014.000  Millions$ 53,851.000  Millions
Pinnacle West Capital Corporation  2.23 $ 12,933.618  Millions$ 5,797.659  Millions
Nisource Inc   2.11 $ 17,503.000  Millions$ 8,309.000  Millions
Xcel Energy Inc   1.98 $ 35,373.000  Millions$ 17,841.000  Millions
Northwestern Energy Group Inc   1.96 $ 4,817.016  Millions$ 2,455.432  Millions
Ameren Corporation  1.75 $ 19,580.000  Millions$ 11,161.000  Millions
Public Service Enterprise Group Incorporated  1.67 $ 26,287.000  Millions$ 15,718.000  Millions
Ppl Corporation  1.61 $ 18,510.000  Millions$ 11,507.000  Millions
Alliant Energy Corp  1.58 $ 10,753.000  Millions$ 6,817.000  Millions

Date modified: 2024-05-03T00:54:38+00:00



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