Pinnacle West Capital Corporation (PNW)

Pinnacle West Capital Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	49.17	4.96	4.83	9.97	59.97	10.28
Accounts Receivable	1,083	659.01	594.2	500.55	425.99	386.42
Other Receivables	-	0.33	14.09	7.51	6.79	21.73
Inventory	528.04	493.55	450.64	367.17	334.3	345.92
Other Current Assets	604.77	769.12	686.81	665.9	371.27	265.68
Total Current Assets	2,265	1,927	1,751	1,551	1,198	1,030
Property, Plant & Equipment	19,781	18,924	17,297	16,498	15,268	14,254
Net Nuclear Fuel	112.14	99.49	100.12	106.04	113.65	123.5
Regulatory Assets	1,346	1,390	1,283	1,193	1,134	1,304
Other Intangible Assets	586.56	267.11	258.88	273.69	282.57	290.56
Other Long-Term Assets	2,219	2,054	2,034	2,382	2,024	1,477
Total Assets	26,310	24,661	22,723	22,003	20,020	18,479
Accounts Payable	429.48	442.46	430.43	393.08	318.59	346.45
Accrued Expenses	83.91	72.92	61.22	57.33	97.66	96.81
Short-Term Debt	623.5	609.5	340.72	292	169	114.68
Current Portion of Long-Term Debt	1,000	875	50.69	150	-	800
Current Unearned Revenue	-	-	-	-	2.42	2.42
Current Portion of Leases	119.08	67.88	105.21	100.44	74.79	12.71
Current Income Taxes Payable	341.64	166.83	164.44	168.65	162.39	147.7
Other Current Liabilities	599.74	654.76	609.44	595.37	487.02	491.38
Total Current Liabilities	3,197	2,889	1,762	1,757	1,360	2,078
Long-Term Debt	8,056	7,541	7,741	6,914	6,314	4,833
Long-Term Leases	1,517	1,210	639.25	728.4	361.34	51.87
Long-Term Unearned Revenue	601.91	533.58	422.1	257.15	222.58	219.49
Pension & Post-Retirement Benefits	107.36	112.7	116.29	152.87	516.07	419.82
Long-Term Deferred Tax Liabilities	2,701	2,674	2,565	2,498	3,617	3,530
Other Long-Term Liabilities	3,402	3,416	3,317	3,674	1,876	1,794
Total Liabilities	19,583	18,376	16,564	15,982	14,268	12,926
Common Stock	2,775	2,753	2,725	2,703	2,677	2,660
Retained Earnings	3,882	3,466	3,360	3,265	3,025	2,838
Treasury Stock	-7.19	-8.19	-5.01	-6.4	-6.29	-9.43
Comprehensive Income & Other	-32.81	-33.14	-31.44	-54.86	-62.8	-57.1
Total Common Equity	6,617	6,178	6,049	5,906	5,634	5,431
Minority Interest	109.49	107.2	111.23	115.26	119.29	122.54
Shareholders' Equity	6,726	6,285	6,160	6,021	5,753	5,553
Total Liabilities & Equity	26,310	24,661	22,723	22,003	20,020	18,479
Total Debt	11,316	10,303	8,877	8,185	6,919	5,812
Net Cash (Debt)	-11,267	-10,298	-8,872	-8,175	-6,859	-5,802
Net Cash Per Share	-97.71	-90.49	-78.23	-72.22	-60.73	-51.45
Filing Date Shares Outstanding	113.7	113.43	113.18	112.93	112.69	112.44
Total Common Shares Outstanding	113.63	113.42	113.17	112.93	112.69	112.44
Working Capital	-932.78	-962.38	-11.59	-205.77	-162.11	-1,048
Book Value Per Share	58.23	54.47	53.45	52.30	49.99	48.30
Tangible Book Value	6,030	5,911	5,790	5,633	5,351	5,140
Tangible Book Value Per Share	53.07	52.11	51.16	49.88	47.48	45.72
Machinery	25,262	24,211	22,452	21,689	20,838	19,836
Construction In Progress	1,713	1,724	1,883	1,329	937.38	808.13

Source: S&P Capital IQ. Utility template. Financial Sources.