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

Cumulative Pinnacle West Capital's Interest Coverage ratios

PNW's Interest expense and Ebitda growth



PNW Interest Coverage (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 Interest expense Change 13.23 % 23.28 % 34.25 % 37.78 % 34.76 %
Y / Y Ebitda Change 17.44 % 26.23 % 16.98 % -7.81 % 1.57 %
Interest Coverage (TTM) 4.86 4.87 4.93 4.96 5.49
Total Ranking # 843 # 778 # 1148 # 1146 # 991
Seq. Interest expense Change 3.9 % -0.91 % 3.28 % 6.48 % 13.13 %
Seq. Ebitda Change 9.42 % -58.64 % 81.07 % 43.3 % 17.6 %




Interest Coverage in the first quarter 2024 Comment
Pinnacle West Capital's interest coverage ratio sequentially decreased to 4.86 below company average. Due to increase of interest expenses in the first quarter 2024.

Within Utilities sector 33 other companies have achieved higher interest coverage ratio during the Q1 2024. While interest coverage ratio total ranking has deteriorated in the first quarter 2024 compare to the fourth quarter 2023 from 778 to 843.

What is Interest Coverage Ratio?
Source of Pinnacle West Capital Corporation sales

Interest Coverage Company Ranking
Within: No.
Industry # 17
Sector # 34
S&P 500 # 843


Interest Coverage Statistics
High Average Low
9.27
5.41
2.66
(Sep 30 2017)   (Sep 30 2019)





Financial Statements
Pinnacle West Capital's Interest expense $ 100 Millions Visit PNW's Income Statement
Pinnacle West Capital's Ebitda $ 351 Millions Visit PNW's Income Statement
Where are PNW's Sales coming from? Visit PNW's Sales by Geography




Companies with similar Average Interest Coverage ratios for 12 months ending Mar 31 2024, within Utilities Sector Interest Coverage Ratio EBITDA 12 months ending Mar 31 2024Interest net 12 months ending Mar 31 2024
Nustar Energy L p   4.76 $ 578.550  Millions$ 121.513  Millions
Williams companies inc   3.79 $ 4,851.000  Millions$ 1,281.000  Millions
Enlink Midstream Llc  2.81 $ 753.700  Millions$ 268.600  Millions
Antero Midstream Corporation  2.26 $ 519.239  Millions$ 229.700  Millions
Kinder Morgan Inc   2.05 $ 3,732.000  Millions$ 1,824.000  Millions

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



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