Avista Stock Current Ratio

AVA Stock

USD 35.55 0.03 0.08%

Avista fundamentals help investors to digest information that contributes to Avista's financial success or failures. It also enables traders to predict the movement of Avista Stock. The fundamental analysis module provides a way to measure Avista's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avista stock.

		Last Reported	Projected for Next Year
	Current Ratio	0.85	0.97

The current year's Current Ratio is expected to grow to 0.97.

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Avista Company Current Ratio Analysis

Avista's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Current Ratio

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Avista Current Ratio

0.75 X

Most of Avista's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avista is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Avista Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Avista is extremely important. It helps to project a fair market value of Avista Stock properly, considering its historical fundamentals such as Current Ratio. Since Avista's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avista's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avista's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Long Term Debt	Short Term Investments	Short Term Debt	Property Plant Equipment	Current Deferred Revenue	Intangible Assets	Good Will	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.98	0.89	0.26	0.74	1.0	0.44	0.98	0.82	-0.34	0.61	0.98	0.61	-0.3	0.29	0.93	0.9	0.37	0.75	0.8	0.64	0.74	0.42	0.69
Total Stockholder Equity	0.98		1.0	0.84	0.11	0.64	0.96	0.31	0.99	0.85	-0.43	0.65	0.99	0.58	-0.4	0.19	0.94	0.92	0.4	0.76	0.8	0.63	0.73	0.39	0.67
Net Debt	0.98	1.0		0.84	0.15	0.68	0.96	0.35	0.99	0.85	-0.4	0.66	0.98	0.56	-0.4	0.2	0.94	0.92	0.38	0.77	0.8	0.62	0.75	0.39	0.69
Retained Earnings	0.89	0.84	0.84		0.21	0.62	0.91	0.44	0.82	0.77	-0.48	0.54	0.86	0.66	-0.36	0.26	0.88	0.85	0.38	0.76	0.8	0.69	0.78	0.59	0.74
Accounts Payable	0.26	0.11	0.15	0.21		0.77	0.31	0.89	0.18	-0.08	0.65	0.0	0.11	-0.01	0.35	0.51	0.13	0.12	-0.19	0.17	0.08	0.01	0.32	0.13	0.34
Net Receivables	0.74	0.64	0.68	0.62	0.77		0.77	0.82	0.69	0.5	0.24	0.37	0.64	0.35	0.13	0.44	0.62	0.6	0.06	0.53	0.49	0.37	0.62	0.27	0.61
Total Liab	1.0	0.96	0.96	0.91	0.31	0.77		0.48	0.96	0.8	-0.31	0.58	0.97	0.61	-0.26	0.33	0.91	0.88	0.36	0.74	0.79	0.64	0.74	0.43	0.69
Total Current Assets	0.44	0.31	0.35	0.44	0.89	0.82	0.48		0.39	0.24	0.37	0.18	0.3	0.14	0.19	0.36	0.42	0.43	-0.01	0.31	0.29	0.22	0.63	0.4	0.67
Common Stock	0.98	0.99	0.99	0.82	0.18	0.69	0.96	0.39		0.83	-0.37	0.65	0.98	0.57	-0.35	0.22	0.95	0.92	0.39	0.73	0.78	0.62	0.76	0.4	0.71
Long Term Debt	0.82	0.85	0.85	0.77	-0.08	0.5	0.8	0.24	0.83		-0.57	0.54	0.85	0.48	-0.36	-0.05	0.86	0.88	0.35	0.64	0.67	0.51	0.66	0.46	0.62
Short Term Investments	-0.34	-0.43	-0.4	-0.48	0.65	0.24	-0.31	0.37	-0.37	-0.57		-0.41	-0.43	-0.18	0.49	0.29	-0.47	-0.47	-0.56	-0.35	-0.5	-0.38	-0.31	-0.27	-0.28
Short Term Debt	0.61	0.65	0.66	0.54	0.0	0.37	0.58	0.18	0.65	0.54	-0.41		0.6	0.23	-0.5	-0.14	0.69	0.59	0.09	0.66	0.91	0.82	0.64	0.02	0.59
Property Plant Equipment	0.98	0.99	0.98	0.86	0.11	0.64	0.97	0.3	0.98	0.85	-0.43	0.6		0.62	-0.34	0.27	0.93	0.9	0.39	0.69	0.78	0.63	0.68	0.4	0.63
Current Deferred Revenue	0.61	0.58	0.56	0.66	-0.01	0.35	0.61	0.14	0.57	0.48	-0.18	0.23	0.62		-0.34	0.19	0.61	0.57	0.19	0.5	0.42	0.57	0.5	0.4	0.48
Intangible Assets	-0.3	-0.4	-0.4	-0.36	0.35	0.13	-0.26	0.19	-0.35	-0.36	0.49	-0.5	-0.34	-0.34		0.2	-0.47	-0.49	0.01	-0.66	-0.43	-0.44	-0.48	-0.33	-0.4
Good Will	0.29	0.19	0.2	0.26	0.51	0.44	0.33	0.36	0.22	-0.05	0.29	-0.14	0.27	0.19	0.2		0.15	0.14	-0.23	-0.1	0.0	0.0	0.01	0.05	0.02
Net Tangible Assets	0.93	0.94	0.94	0.88	0.13	0.62	0.91	0.42	0.95	0.86	-0.47	0.69	0.93	0.61	-0.47	0.15		0.98	0.37	0.77	0.82	0.68	0.89	0.56	0.85
Long Term Debt Total	0.9	0.92	0.92	0.85	0.12	0.6	0.88	0.43	0.92	0.88	-0.47	0.59	0.9	0.57	-0.49	0.14	0.98		0.37	0.75	0.73	0.57	0.87	0.63	0.84
Deferred Long Term Liab	0.37	0.4	0.38	0.38	-0.19	0.06	0.36	-0.01	0.39	0.35	-0.56	0.09	0.39	0.19	0.01	-0.23	0.37	0.37		0.21	0.27	0.15	0.34	0.18	0.35
Long Term Investments	0.75	0.76	0.77	0.76	0.17	0.53	0.74	0.31	0.73	0.64	-0.35	0.66	0.69	0.5	-0.66	-0.1	0.77	0.75	0.21		0.75	0.61	0.77	0.45	0.7
Short Long Term Debt	0.8	0.8	0.8	0.8	0.08	0.49	0.79	0.29	0.78	0.67	-0.5	0.91	0.78	0.42	-0.43	0.0	0.82	0.73	0.27	0.75		0.89	0.73	0.24	0.68
Cash And Equivalents	0.64	0.63	0.62	0.69	0.01	0.37	0.64	0.22	0.62	0.51	-0.38	0.82	0.63	0.57	-0.44	0.0	0.68	0.57	0.15	0.61	0.89		0.63	0.15	0.59
Net Invested Capital	0.74	0.73	0.75	0.78	0.32	0.62	0.74	0.63	0.76	0.66	-0.31	0.64	0.68	0.5	-0.48	0.01	0.89	0.87	0.34	0.77	0.73	0.63		0.64	0.99
Net Working Capital	0.42	0.39	0.39	0.59	0.13	0.27	0.43	0.4	0.4	0.46	-0.27	0.02	0.4	0.4	-0.33	0.05	0.56	0.63	0.18	0.45	0.24	0.15	0.64		0.65
Capital Stock	0.69	0.67	0.69	0.74	0.34	0.61	0.69	0.67	0.71	0.62	-0.28	0.59	0.63	0.48	-0.4	0.02	0.85	0.84	0.35	0.7	0.68	0.59	0.99	0.65

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Avista Current Ratio Historical Pattern

Today, most investors in Avista Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Avista's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Avista current ratio as a starting point in their analysis.

Avista Current Ratio

Timeline

Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).

Competition

Predict Avista

Current Ratio Over Time

Avista Discontinued Operations

Discontinued Operations

4.4 Million

At present, Avista's Discontinued Operations is projected to decrease significantly based on the last few years of reporting.

In accordance with the recently published financial statements, Avista has a Current Ratio of 0.75 times. This is 42.31% lower than that of the Multi-Utilities sector and significantly higher than that of the Utilities industry. The current ratio for all United States stocks is 65.28% higher than that of the company.

Avista Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avista's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avista could also be used in its relative valuation, which is a method of valuing Avista by comparing valuation metrics of similar companies.

Avista is currently under evaluation in current ratio category among related companies.

Avista Fundamentals

	Return On Equity	0.071
	Return On Asset	0.0214
	Profit Margin	0.1 %
	Operating Margin	0.19 %
	Current Valuation	5.82 B
	Shares Outstanding	78.19 M
	Shares Owned By Insiders	0.84 %
	Shares Owned By Institutions	89.00 %
	Number Of Shares Shorted	2.97 M
	Price To Earning	21.14 X
	Price To Book	1.07 X
	Price To Sales	1.52 X
	Revenue	1.75 B
	Gross Profit	974.35 M
	EBITDA	538.97 M
	Net Income	171.18 M
	Cash And Equivalents	13.43 M
	Cash Per Share	0.30 X
	Total Debt	3.03 B
	Debt To Equity	1.18 %
	Current Ratio	0.75 X
	Book Value Per Share	31.83 X
	Cash Flow From Operations	447.08 M
	Short Ratio	5.64 X
	Earnings Per Share	2.24 X
	Price To Earnings To Growth	2.89 X
	Target Price	38.25
	Beta	0.49
	Market Capitalization	2.8 B
	Total Asset	7.7 B
	Retained Earnings	841.35 M
	Working Capital	(113.36 M)
	Current Asset	306.05 M
	Current Liabilities	474.68 M
	Annual Yield	0.05 %
	Five Year Return	3.62 %
	Net Asset	7.7 B
	Last Dividend Paid	1.84

About Avista Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Avista's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avista using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avista based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Avista

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avista position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avista will appreciate offsetting losses from the drop in the long position's value.

Moving together with Avista Stock

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Pair Corr

Moving against Avista Stock

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0.52	ELP	Companhia Paranaense Potential Growth	Pair Corr
0.52	OTTR	Otter Tail Financial Report 6th of May 2024	Pair Corr

The ability to find closely correlated positions to Avista could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avista when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avista - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avista to buy it.

The correlation of Avista is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avista moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avista moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avista can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Avista offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Avista's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Avista Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Avista Stock:

How To Invest In Avista

Details

Is Avista Stock a good investment?

Details

What is Avista's Net Worth?

Details

Largest Multi-Utilities Companies

View

Largest Utilities - Diversified Companies

View

Check out Avista Piotroski F Score and Avista Altman Z Score analysis.

For information on how to trade Avista Stock refer to our How to Trade Avista Stock guide.

You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Avista Stock analysis

When running Avista's price analysis, check to measure Avista's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avista is operating at the current time. Most of Avista's value examination focuses on studying past and present price action to predict the probability of Avista's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avista's price. Additionally, you may evaluate how the addition of Avista to your portfolios can decrease your overall portfolio volatility.

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Is Avista's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avista. If investors know Avista will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avista listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.034

Dividend Share

1.84

Earnings Share

2.24

Revenue Per Share

22.927

Quarterly Revenue Growth

0.014

The market value of Avista is measured differently than its book value, which is the value of Avista that is recorded on the company's balance sheet. Investors also form their own opinion of Avista's value that differs from its market value or its book value, called intrinsic value, which is Avista's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avista's market value can be influenced by many factors that don't directly affect Avista's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Avista's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avista is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avista's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Avista Stock Current Ratio

Avista Company Current Ratio Analysis

Current Ratio

Current Asset

Current Liabilities

Current Avista Current Ratio

Avista Current Ratio Driver Correlations

Avista Current Ratio Historical Pattern

Avista Discontinued Operations

Discontinued Operations

4.4 Million

Avista Current Ratio Peer Comparison

Avista Fundamentals

About Avista Fundamental Analysis

Pair Trading with Avista

Moving together with Avista Stock

Moving against Avista Stock

Complementary Tools for Avista Stock analysis

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