Pinnacle West Capital Corp (PNW) — Cash Flow-to-Debt Ratio
Pinnacle West Capital Corp (PNW) has a Cash Flow-to-Debt Ratio of 0.03x as of September 2025, meaning its operating cash flow of $664.99 Million could theoretically repay 0% of its total liabilities ($22.68 Billion) in one year. See PNW free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Pinnacle West Capital Corp Cash Flow-to-Debt Ratio (1994–2024)
Historical debt coverage capacity for Pinnacle West Capital Corp across 31 annual periods. Also explore Pinnacle West Capital Corp net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Pinnacle West Capital Corp (1994–2024)
Year-by-year debt coverage analysis for Pinnacle West Capital Corp. For market capitalisation and broader financial context, see PNW market cap.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.08x | $1.61 Billion | $19.25 Billion | ▲ +27.3% |
| 2023 | 0.07x | $1.21 Billion | $18.38 Billion | ▼ -12.3% |
| 2022 | 0.07x | $1.24 Billion | $16.56 Billion | ▲ +39.3% |
| 2021 | 0.05x | $860.01 Million | $15.98 Billion | ▼ -20.6% |
| 2020 | 0.07x | $966.37 Million | $14.27 Billion | ▼ -8.5% |
| 2019 | 0.07x | $956.73 Million | $12.93 Billion | ▼ -28.6% |
| 2018 | 0.10x | $1.28 Billion | $12.32 Billion | ▲ +10.2% |
| 2017 | 0.09x | $1.12 Billion | $11.88 Billion | ▲ +1.8% |
| 2016 | 0.09x | $1.02 Billion | $11.07 Billion | ▼ -12.9% |
| 2015 | 0.11x | $1.09 Billion | $10.31 Billion | ▼ -5.4% |
| 2014 | 0.11x | $1.10 Billion | $9.79 Billion | ▼ -10.8% |
| 2013 | 0.13x | $1.15 Billion | $9.17 Billion | ▼ -0.3% |
| 2012 | 0.13x | $1.17 Billion | $9.28 Billion | ▲ +3.0% |
| 2011 | 0.12x | $1.13 Billion | $9.18 Billion | ▲ +40.3% |
| 2010 | 0.09x | $750.46 Million | $8.59 Billion | ▼ -28.3% |
| 2009 | 0.12x | $1.03 Billion | $8.46 Billion | ▲ +22.4% |
| 2008 | 0.10x | $813.57 Million | $8.17 Billion | ▲ +16.7% |
| 2007 | 0.09x | $657.94 Million | $7.71 Billion | ▲ +73.7% |
| 2006 | 0.05x | $393.50 Million | $8.01 Billion | ▼ -46.9% |
| 2005 | 0.09x | $730.30 Million | $7.90 Billion | ▼ -23.7% |
| 2004 | 0.12x | $842.08 Million | $6.95 Billion | ▼ -9.9% |
| 2003 | 0.13x | $901.83 Million | $6.71 Billion | ▼ -11.4% |
| 2002 | 0.15x | $870.77 Million | $5.74 Billion | ▲ +45.7% |
| 2001 | 0.10x | $570.93 Million | $5.48 Billion | ▼ -29.0% |
| 2000 | 0.15x | $699.56 Million | $4.77 Billion | ▲ +1.7% |
| 1999 | 0.14x | $635.60 Million | $4.40 Billion | ▲ +8.8% |
| 1998 | 0.13x | $605.80 Million | $4.57 Billion | ▼ -3.2% |
| 1997 | 0.14x | $637.60 Million | $4.65 Billion | ▲ +14.9% |
| 1996 | 0.12x | $572.50 Million | $4.80 Billion | ▲ +4.0% |
| 1995 | 0.11x | $555.90 Million | $4.85 Billion | ▲ +12.2% |
| 1994 | 0.10x | $497.20 Million | $4.86 Billion | — |