IDACORP Financials

IDA Stock  USD 109.78  1.74  1.56%   
Based on the analysis of IDACORP's profitability, liquidity, and operating efficiency, IDACORP may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, IDACORP's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Current Deferred Revenue is expected to grow to about 125.9 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 46.4 M. Key indicators impacting IDACORP's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.10.13
Significantly Down
Slightly volatile
Return On Assets0.0250.0277
Moderately Down
Slightly volatile
Return On Equity0.10.0898
Moderately Up
Pretty Stable
Debt Equity Ratio1.071.12
Sufficiently Down
Pretty Stable
Current Ratio1.011.43
Way Down
Pretty Stable
The financial analysis of IDACORP is a critical element in measuring its lifeblood. Investors should not minimize IDACORP's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Cash And Equivalents

202.84 Million

  
Understanding current and past IDACORP Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of IDACORP's financial statements are interrelated, with each one affecting the others. For example, an increase in IDACORP's assets may result in an increase in income on the income statement.
Please note, the presentation of IDACORP's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, IDACORP's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of IDACORP's management manipulating its earnings.

IDACORP Stock Summary

IDACORP competes with CMS Energy, Pinnacle West, Alliant Energy, DTE Energy, and Ameren Corp. IDACORP, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, purchase, and sale of electric energy in the United States. IDACORP, Inc. was founded in 1915 and is headquartered in Boise, Idaho. Idacorp operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 1992 people.
Specialization
Utilities, Utilities - Regulated Electric
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS4511071064
CUSIP451107106 451380109
LocationIdaho; U.S.A
Business Address1221 West Idaho
SectorElectric Utilities
IndustryUtilities
BenchmarkDow Jones Industrial
Websitewww.idacorpinc.com
Phone208 388 2200
CurrencyUSD - US Dollar

IDACORP Key Financial Ratios

IDACORP Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets7.1B7.2B7.5B8.5B9.7B5.1B
Other Current Liab41.9M42.3M175.1M164.6M148.2M120.3M
Net Debt1.7B1.8B2.0B2.5B2.9B1.5B
Retained Earnings1.7B1.8B1.9B2.0B2.3B2.5B
Accounts Payable120.6M146.0M292.7M308.5M354.8M372.5M
Cash275.1M215.2M177.6M327.4M376.5M395.4M
Net Receivables160.1M183.4M199.0M267.0M307.1M168.2M
Inventory96.6M95.6M107.2M160.5M184.5M193.8M
Other Current Assets65.4M76.9M144.9M249.1M224.2M235.4M
Total Liab4.5B4.5B4.7B5.6B6.4B3.4B
Total Current Assets642.4M595.9M693.7M1.0B1.2B1.2B
Short Term Debt95.8M93.9M0.049.8M44.8M42.6M
Common Stock869.2M874.9M882.2M888.6M1.0B618.7M
Other Liab2.1B2.2B2.2B2.0B2.3B1.2B
Other Assets1.4B1.6B1.6B1.6B1.8B1.1B
Long Term Debt2.0B2.0B2.2B2.8B3.2B1.6B

IDACORP Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense87.4M86.7M89.4M116.5M133.9M140.6M
Total Revenue1.4B1.5B1.6B1.8B2.0B1.2B
Gross Profit312.2M332.2M330.1M316.8M285.2M458.3M
Operating Income309.5M329.7M327.2M313.5M282.1M212.6M
Ebit297.7M314.4M318.0M405.6M365.1M218.7M
Ebitda473.6M493.8M491.5M605.6M696.4M408.8M
Net Income237.4M245.6M259.0M261.2M300.4M315.4M
Income Tax Expense28.7M36.9M37.8M27.3M31.4M33.0M
Cost Of Revenue1.0B1.1B1.3B1.4B1.7B1.8B
Income Before Tax266.7M282.8M297.4M289.2M332.6M188.0M
Minority Interest551K322K578K(704K)(809.6K)(769.1K)
Tax Provision28.7M36.9M37.8M37.1M33.4M27.8M
Interest Income87.5M85.8M85.8M15.3M13.7M13.1M
Net Interest Income(87.4M)(86.7M)(89.4M)(106.9M)(96.2M)(101.0M)

IDACORP Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory292K(17.7M)(11.6M)(53.2M)(47.9M)(45.5M)
Change In Cash57.9M(59.9M)(37.7M)149.9M172.3M180.9M
Free Cash Flow77.2M63.3M(81.3M)(344.1M)(309.7M)(294.2M)
Other Non Cash Items(100.5M)(100.5M)(116.9M)(77.2M)(69.5M)(66.0M)
Dividends Paid137.8M146.1M154.3M163.5M188.1M197.5M
Capital Expenditures310.9M300.0M432.6M611.1M702.8M737.9M
Net Income238.0M245.9M259.6M261.9M301.2M160.4M
End Period Cash Flow275.1M215.2M177.6M327.4M376.5M395.4M
Depreciation175.9M179.4M173.6M199.9M229.9M155.0M
Change To Netincome(8.0M)4.4M(8.8M)(37.7M)(34.0M)(32.3M)
Investments(32.6M)50.8M72.3M(589.9M)(531.0M)(504.4M)
Change Receivables(6.0M)(374K)(6.7M)(81.5M)(73.4M)(69.7M)
Net Borrowings85.4M135M131.7M193.6M222.7M233.8M

IDACORP Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining IDACORP's current stock value. Our valuation model uses many indicators to compare IDACORP value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across IDACORP competition to find correlations between indicators driving IDACORP's intrinsic value. More Info.
IDACORP is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.25  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for IDACORP is roughly  3.99 . At present, IDACORP's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the IDACORP's earnings, one of the primary drivers of an investment's value.

IDACORP Systematic Risk

IDACORP's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. IDACORP volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-one with a total number of output elements of fourty. The Beta measures systematic risk based on how returns on IDACORP correlated with the market. If Beta is less than 0 IDACORP generally moves in the opposite direction as compared to the market. If IDACORP Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one IDACORP is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of IDACORP is generally in the same direction as the market. If Beta > 1 IDACORP moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in IDACORP Stock are looking for potential investment opportunities by analyzing not only static indicators but also various IDACORP's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of IDACORP growth as a starting point in their analysis.

Price Earnings To Growth Ratio

23.05

At present, IDACORP's Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting.

IDACORP February 17, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of IDACORP help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of IDACORP. We use our internally-developed statistical techniques to arrive at the intrinsic value of IDACORP based on widely used predictive technical indicators. In general, we focus on analyzing IDACORP Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build IDACORP's daily price indicators and compare them against related drivers.

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When running IDACORP's price analysis, check to measure IDACORP'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 IDACORP is operating at the current time. Most of IDACORP's value examination focuses on studying past and present price action to predict the probability of IDACORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDACORP's price. Additionally, you may evaluate how the addition of IDACORP to your portfolios can decrease your overall portfolio volatility.
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