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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 Working Capital Ratio

PNW's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the first quarter 2024, Working Capital Ratio fell to 0.58 below Pinnacle West Capital Corporation average.

Within Electric Utilities industry 26 other companies have achieved higher Working Capital Ratio than Pinnacle West Capital in first quarter 2024. While Working Capital Ratio total ranking has improved so far during the I Quarter 2024 to 1136, from total ranking in the forth quarter 2023 at 3229.

Explain Working Capital Ratio
How much in Current Assets PNWs has?
What is the value of PNWs Current Liabilities?


PNW Working Capital 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 Current Liabilities Change 77.22 % 63.97 % -4.49 % -4.44 % 7.99 %
Y / Y Current Assets Change 1.92 % 10.08 % 7.21 % 2.98 % 9.64 %
Working Capital Ratio MRQ 0.58 0.67 1.1 0.96 1.01
PNW's Total Ranking # 1136 # 3229 # 1142 # 1437 # 1312
Seq. Current Liabilities Change 5.76 % 46.79 % 1.85 % 12.08 % -2.15 %
Seq. Current Assets Change -7.52 % -10.87 % 16.75 % 5.91 % -0.12 %



Working Capital Ratio first quarter 2024 Company Ranking
Within: No.
Electric Utilities Industry # 27
Utilities Sector # 45
Overall Market # 1136


Working Capital Ratio Statistics
High Average Low
1.28 0.79 0.47
(Sep. 30, 2010)   (Mar 31 2020)




Financial Statements
Pinnacle West Capital's Current Liabilities $ 3,056 Millions Visit PNW's Balance sheet
Pinnacle West Capital's Current Assets $ 1,782 Millions Visit PNW's Balance sheet
Source of PNW's Sales Visit PNW's Sales by Geography


Cumulative Pinnacle West Capital's Working Capital Ratio

PNW's Working Capital Ratio for the trailling 12 Months

PNW Working Capital 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 Current Liabilities TTM Growth 77.22 % 63.97 % -4.49 % -4.44 % 7.99 %
Y / Y Current Assets TTM Growth 1.92 % 10.08 % 7.21 % 2.98 % 9.64 %
Working Capital Ratio TTM 0.78 0.9 1.02 0.98 0.97
Total Ranking TTM # 1003 # 1477 # 2824 # 4116 # 1361
Seq. Current Liabilities TTM Growth 5.76 % 46.79 % 1.85 % 12.08 % -2.15 %
Seq. Current Assets TTM Growth -7.52 % -10.87 % 16.75 % 5.91 % -0.12 %


On the trailing twelve months basis Due to rise in Current Liabilities in the I Quarter 2024 to $3,055.87 millions, cumulative Working Capital Ratio decreased to 0.78 below the Pinnacle West Capital Corporation average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Electric Utilities industry 32 other companies have achieved higher Working Capital Ratio than Pinnacle West Capital. While Working Capital Ratio overall ranking has improved so far to 1003, from total ranking during the twelve months ending forth quarter 2023 at 1477.

Explain Working Capital Ratio
How much in Current Assets PNWs has?
What is the value of PNWs Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Electric Utilities Industry # 33
Utilities Sector # 55
Within the Market # 1003


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.02 0.78 0.54
(Sep 30 2023)   (Mar 31 2020)




Companies with similar Working Capital Ratio in the quarter ending Mar 31 2024, within Electric Utilities Industry Working Capital RatioMar 31 2024 MRQ Current AssetsMar 31 2024 MRQ Current Liabilities
Idacorp Inc   1.54 $ 780.281  Millions$ 505.376  Millions
Altus Power Inc   1.48 $ 216.708  Millions$ 146.085  Millions
Constellation Energy Corporation  1.43 $ 8,460.000  Millions$ 5,922.000  Millions
Nextera Energy Partners Lp  1.36 $ 2,183.000  Millions$ 1,604.000  Millions
Ppl Corporation  1.31 $ 3,119.000  Millions$ 2,375.000  Millions
Portland General Electric Company  1.22 $ 1,082.000  Millions$ 885.000  Millions
Oncor Electric Delivery Company Llc  1.21 $ 1,514.000  Millions$ 1,256.000  Millions
Ormat Technologies Inc   1.12 $ 609.235  Millions$ 546.254  Millions
Berkshire Hathaway Energy Company  1.10 $ 12,232.000  Millions$ 11,094.000  Millions
Vistra Corp   1.07 $ 9,433.000  Millions$ 8,775.000  Millions
Exelon Corporation  1.03 $ 8,212.000  Millions$ 7,975.000  Millions
Nrg Energy Inc  1.01 $ 9,268.000  Millions$ 9,176.000  Millions
Edison International  1.00 $ 7,878.000  Millions$ 7,907.000  Millions
Consolidated Edison Inc   0.99 $ 6,166.000  Millions$ 6,244.000  Millions
Pg and e Corp  0.99 $ 15,231.000  Millions$ 15,453.000  Millions
Ipalco Enterprises Inc   0.98 $ 1,040.109  Millions$ 1,061.262  Millions
Northwestern Energy Group Inc   0.90 $ 396.836  Millions$ 441.284  Millions
Xcel Energy Inc   0.86 $ 4,489.000  Millions$ 5,210.000  Millions
Heliogen Inc   0.85 $ 71.429  Millions$ 83.904  Millions
Wisconsin Public Service Corporation  0.84 $ 459.900  Millions$ 544.500  Millions
Puget Energy Inc  0.84 $ 1,317.896  Millions$ 1,573.390  Millions
Public Service Enterprise Group Incorporated  0.79 $ 4,282.000  Millions$ 5,388.000  Millions
Firstenergy Corp   0.79 $ 4,963.000  Millions$ 6,273.000  Millions
Wisconsin Electric Power Company  0.79 $ 1,115.800  Millions$ 1,413.800  Millions
Duke Energy Corporation  0.78 $ 12,091.000  Millions$ 15,546.000  Millions
Eversource Energy  0.77 $ 4,880.858  Millions$ 6,367.586  Millions
Dte Energy Co  0.75 $ 3,752.000  Millions$ 4,975.000  Millions
Sunnova Energy International Inc   0.74 $ 817.413  Millions$ 1,102.432  Millions
Nisource Inc   0.71 $ 2,221.800  Millions$ 3,125.000  Millions
Dpl Inc   0.68 $ 343.700  Millions$ 503.000  Millions

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



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