AVAAvista Corporation

$38.15

Is it safe?

Can AVA take a bad year?

Avista Corporation carries $201M of net debt at 0.31× EBITDA: a load its earnings can carry.

$201M

Net debt · as at Q2 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.31×

Net debt / EBITDA · 0.42× a year ago · the load is coming down

Altman Z-score
0.86

Altman Z-score · distress zone, below 1.8

Cash runway
0.3 years

Cash runway · burning $26M a quarter at the current rate

Details
Total debtQ2 2026
$226M
Cash and short-term investments
$25M
Net debt
$201M
EBITDA, trailing twelve months
$641M
Operating profit, trailing twelve months
$360M
Debt / equity
0.08×
Total debt / EBITDA
0.35×
Annualised volatilitytwo years of daily moves
19%
Worst drawdown on file
−37%
Below its 52-week high
−10%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.