From Financial Modeling Prep: 2025-03-23 04:38:00

Avista Corp has experienced a positive financial turnaround, with S&P Global Ratings upgrading its outlook to stable after strong 2024 results. The FFO-to-debt ratio rose to 14.1%, driven by reduced customer rate refunds and favorable regulatory decisions in Washington, Idaho, and Oregon.

Regulatory wins have been key to Avista’s financial stability, with successful rate cases boosting revenue. S&P Global Ratings affirmed Avista’s credit ratings and expects the company to maintain an FFO-to-debt ratio between 14% and 16% in the future.

Despite financial risks, Avista’s business profile is strong due to its regulated utility operations. S&P Global warns of potential downgrades if the FFO-to-debt ratio weakens, but upgrades are possible with sustained improvements.

To delve deeper into Avista’s financial health and regulatory performance, consider using Financial Modeling Prep APIs for balance sheet insights and annual report analysis. Monitoring these data sources will be crucial for tracking Avista’s progress and stability.



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