IDACORP, Inc. Current Ratio

Current Ratio of IDA for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.


Highlights and Quick Summary

  • Current Ratio for the quarter ending June 29, 2021 was 2.03 (a -10.32% decrease compared to previous quarter)
  • Year-over-year quarterly Current Ratio decreased by -10.06%
  • Annual Current Ratio for 2020 was 2.23 (a 47.95% increase from previous year)
  • Annual Current Ratio for 2019 was 1.51 (a -34.74% decrease from previous year)
  • Annual Current Ratio for 2018 was 2.31 (a 4.52% increase from previous year)
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Historical Current Ratio of IDACORP, Inc.

Most recent Current Ratioof IDA including historical data for past 10 years.

Interactive Chart of Current Ratio of IDACORP, Inc.

IDACORP, Inc. Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 2.03 2.27
2020 2.23 2.26 1.85 1.91 2.23
2019 1.51 2.08 2.03 2.11 1.51
2018 2.31 2.33 2.27 1.92 2.31
2017 2.21 2.03 2.2 2.26 2.21
2016 1.76 2.24 2.21 1.88 1.76
2015 1.91 2.41 2.26 1.99 1.91
2014 1.83 1.98 1.89 2.0 1.83
2013 1.9 1.69 1.66 1.5 1.9
2012 1.05 1.36 1.21 1.14 1.05
2011 0.84 1.22 0.96 1.02 0.84
2010 1.03 1.22 1.03

Business Profile of IDACORP, Inc.

Sector: Utilities
Industry: Utilities—Regulated Electric
IDACORP, Inc. 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, Nevada, and Oregon. As of December 31, 2020, it had approximately 4,833 pole-miles of high-voltage transmission lines; 23 step-up transmission substations located at power plants; 21 transmission substations; 9 switching stations; 31 mixed-use transmission and distribution substations; 186 energized distribution substations; and 28,201 pole-miles of distribution lines, as well as provides electric utility services to approximately 587,000 retail customers in southern Idaho and eastern Oregon. The company serves commercial and industrial customers, which involved in food processing, electronics and general manufacturing, agriculture, health care, government, and education. It also invests in housing and other real estate investments. The company was founded in 1915 and is headquartered in Boise, Idaho.