Pinnacle West Capital
-2.21 %
21.02 %
Yet to be announced
Company Overview
Pinnacle West Capital Corporation provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, and distribution of electricity using coal, nuclear, gas, oil, and solar generating facilities. It serves approximately 1.3 million customers.
Revenue Sources
PassBased on analysis of Pinnacle West's financial statements and business operations, the company's primary revenue comes from regulated utility operations - specifically the generation and distribution of electricity. These core activities are halal as they provide essential services and involve the exchange of real assets and services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $1.03b | $1.07b | - | $94.84m | 0.00% | 8.86% |
| Dec. 31, 2024 | $1.1b | $1.11b | - | $94.96m | 0.00% | 8.59% |
| Sept. 30, 2024 | $1.77b | $1.32b | - | $98.02m | 0.00% | 7.43% |
| June 30, 2024 | $1.31b | $1.09b | - | $97.86m | 0.00% | 8.95% |
The company's interest expense to total expense ratios for the past four quarters were consistently above the 5% threshold, averaging around 8-9% of total expenses. This high level of interest expense relative to total expenses indicates that interest plays a material role in the company's operations.
Operational Ethics
PassBased on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in Arizona and the southwestern United States.
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