IDACORP, Inc.

IDACORP, Inc.verified

IDA

Price:

$104.65

Market Cap:

$5.57B

IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. The company operates 17 hydropower generating plants located in southern Idaho and eastern Oregon; three natural gas-fired plants in southern Idaho; and interests in two coal-fired steam electric generating plants located in Wyoming and Nevada. As of December 31, 2021, it had approximately 4,843 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 10 switching stations; 30 mixed-use transmission and distribution substations; 187 energized distributio...[Read more]

Industry

Regulated Electric

IPO Date

1944-08-01

Stock Exchange

NYSE

Ticker

IDA

The Current Ratio as of September 2024 (TTM) for IDACORP, Inc. (IDA) is 1.55

According to IDACORP, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.55. This represents a change of -8.86% compared to the average of 1.70 of the last 4 quarters.

IDACORP, Inc. (IDA) Historical Current Ratio (quarterly & annually)

How has IDA Current Ratio performed in the past?

The mean historical Current Ratio of IDACORP, Inc. over the last ten years is 1.84. The current 1.55 Current Ratio has changed 8.30% with respect to the historical average. Over the past ten years (40 quarters), IDA's Current Ratio was at its highest in in the September 2015 quarter at 2.41. The Current Ratio was at its lowest in in the December 2022 quarter at 1.26.

Quarterly (TTM)
Annual

Average

1.84

Median

1.83

Minimum

1.26

Maximum

2.31

IDACORP, Inc. (IDA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of IDACORP, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 48.17%

Maximum Annual Current Ratio = 2.31

Minimum Annual Increase = -34.77%

Minimum Annual Current Ratio = 1.26

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.5825.23%
20221.26-30.90%
20211.83-18.08%
20202.2348.17%
20191.51-34.77%
20182.314.59%
20172.2125.32%
20161.76-7.53%
20151.914.28%
20141.83-3.94%

IDACORP, Inc. (IDA) Average Current Ratio

How has IDA Current Ratio performed in the past?

The current Current Ratio of IDACORP, Inc. (IDA) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.56

5-year avg

1.68

10-year avg

1.84

IDACORP, Inc. (IDA) Current Ratio vs. Peers

How is IDA’s Current Ratio compared to its peers?

IDACORP, Inc.’s Current Ratio is greater than CMS Energy Corporation (1.18), greater than PNM Resources, Inc. (0.47), greater than Pinnacle West Capital Corporation (0.55), greater than Alliant Energy Corporation (0.65), greater than Portland General Electric Company (1.00), greater than Avangrid, Inc. (0.52), greater than DTE Energy Company (0.69), greater than Ameren Corporation (0.67), greater than CenterPoint Energy, Inc. (1.20), greater than Evergy, Inc. (0.59),

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