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AVAAvista Corporation

Interest Coverage Ratio: 3.53x

popular:market cap|pe ratio|revenue|price history|total return

Is the interest coverage ratio high or low?

The interest coverage ratio of 3.53x is 67% above its 5-year average of 2.12x, near the high end of its 5-year range (0.67x–4.01x).

As of Friday, June 26, 2026. 34.65% above its 12-month average of 2.62x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

AVA Interest Coverage Ratio

3.53x

Reported quarterly interest coverage; no daily interpolation.

+181.21% 5Y
AVA Interest Coverage Ratio

AVA Average Interest Coverage Ratio Chart

AVA Interest Coverage Ratio

AVA Current vs Average Interest Coverage Ratio Chart

AVA Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

3.53x

INTEREST COVERAGE RATIO AVG TTM

2.62x

INTEREST COVERAGE RATIO AVG 3Y

2.22x

INTEREST COVERAGE RATIO AVG 5Y

2.12x

INTEREST COVERAGE RATIO AVG 10Y

2.41x

INTEREST COVERAGE RATIO AVG 15Y

2.66x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+34.65%

CURRENT VS 3Y AVG

+58.78%

CURRENT VS 5Y AVG

+66.59%

CURRENT VS 10Y AVG

+46.41%

CURRENT VS 15Y AVG

+32.48%

CURRENT VS 20Y AVG

N/A

AVA Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Avista Corporation (AVA)$3.38B3.53x2.62x2.22x2.12x
Fluence Energy, Inc. (FLNC)vs ›$3.58B-11.27xN/AN/AN/A
NuScale Power Corporation (SMR)vs ›$3.00BN/AN/AN/AN/A
Black Hills Corporation (BKH)vs ›$5.66B2.60x2.59x2.65x2.71x
UGI Corporation (UGI)vs ›$7.55B2.69x2.32x3.23x4.09x
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B0.45x0.55x2.05x1.64x
The AES Corporation (AES)vs ›$10.45B1.39x1.36x1.67x2.06x
Brookfield Renewable Partners L.P. (BEP)vs ›$10.68B0.35x0.45x0.68x0.99x
Pinnacle West Capital Corporation (PNW)vs ›$12.89B2.65x2.67x2.67x2.93x
Talen Energy Corporation (TLN)vs ›$18.92B-0.24x0.60x0.62x0.62x

Financial Health Indicators

Interest Coverage

3.5x

Debt/Equity

1.25

Current Ratio

0.83

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Avista Corporation (AVA)?
The interest coverage ratio for AVA stock is 3.53x.
Is Avista Corporation's interest coverage ratio high or low?
The interest coverage ratio of 3.53x is 67% above its 5-year average of 2.12x, near the high end of its 5-year range (0.67x–4.01x).
What is the TTM average interest coverage ratio for Avista Corporation (AVA)?
The TTM average interest coverage ratio for AVA stock is 2.62x.
What is the 3Y average interest coverage ratio for Avista Corporation (AVA)?
The 3Y average interest coverage ratio for AVA stock is 2.22x.
What is the 5Y average interest coverage ratio for Avista Corporation (AVA)?
The 5Y average interest coverage ratio for AVA stock is 2.12x.
What is the 10Y average interest coverage ratio for Avista Corporation (AVA)?
The 10Y average interest coverage ratio for AVA stock is 2.41x.
What is the 15Y average interest coverage ratio for Avista Corporation (AVA)?
The 15Y average interest coverage ratio for AVA stock is 2.66x.

AVA Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-313.53x
2025-12-313.03x
2025-09-301.58x
2025-06-301.58x
2025-03-313.38x
2024-12-312.76x
2024-09-301.35x
2024-06-301.55x
2024-03-312.76x
2023-12-312.79x
2023-09-301.10x
2023-06-301.26x
2023-03-312.20x
2022-12-312.04x
2022-09-300.67x
2022-06-300.87x
2022-03-313.06x
2021-12-312.72x
2021-09-300.95x
2021-06-301.25x
2021-03-314.01x
2020-12-313.41x
2020-09-301.14x
2020-06-301.40x
2020-03-313.21x
2019-12-312.90x
2019-09-301.20x
2019-06-301.61x
2019-03-312.67x
2018-12-313.06x
2018-09-301.56x
2018-06-302.19x
2018-03-313.92x
2017-12-313.47x
2017-09-301.33x
2017-06-302.44x
2017-03-315.02x
2016-12-313.74x
2016-09-301.86x
2016-06-302.98x
2016-03-315.18x
2015-12-313.60x
2015-09-301.87x
2015-06-303.00x
2015-03-314.69x
2014-12-313.65x
2014-09-301.87x
2014-06-303.52x
2014-03-315.03x
2013-12-313.53x
2013-09-301.87x
2013-06-303.03x
2013-03-314.51x
2012-12-312.17x
2012-09-301.61x
2012-06-302.50x
2012-03-314.20x
2011-12-313.29x
2011-09-301.95x
2011-06-303.15x
2011-03-314.56x
2010-12-313.14x
2010-09-302.03x
2010-06-303.27x
2010-03-313.58x
2009-12-312.93x
2009-09-301.55x
2009-06-303.54x
2009-03-313.89x
2008-09-301.34x
2008-06-302.54x
2008-03-312.86x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

About Avista Corporation

Avista Corporation operates as an energy utility, conducting business through its various subsidiaries. Its operations are divided into two primary segments: Avista Utilities and AEL&P. The Avista Utilities division is responsible for electric distribution and transmission, as well as natural gas distribution services, across parts of eastern Washington and northern Idaho. It also delivers natural gas services to areas of northeastern and southwestern Oregon. Additionally, this segment generates electricity in Washington, Idaho, Oregon, and Montana, and engages in the wholesale buying and selling of electricity and natural gas. The AEL&P segment, conversely, supplies electrical services to approximately 17,400 customers located in the city and borough of Juneau, Alaska. The company generates its electricity from hydroelectric, thermal, and wind power sources. As of February 23, 2022, Avista was serving 406,000 electric customers and 372,000 natural gas customers. Beyond its core utility business, the company also makes investments in venture funds, real estate, and other diverse ventures. Avista Corporation was established in 1889 and is headquartered in Spokane, Washington.

Spokane, WA
1,920 employees
www.avistacorp.com
Utilities / Diversified Utilities
Sector
Utilities
Industry
Diversified Utilities
CEO
Heather Lynn Rosentrater
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