GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pinnacle West Capital Corp (NYSE:PNW) » Definitions » Scaled Net Operating Assets

Pinnacle West Capital (Pinnacle West Capital) Scaled Net Operating Assets

: 0.68 (As of Dec. 2023)
View and export this data going back to 1985. Start your Free Trial

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pinnacle West Capital's operating assets for the quarter that ended in Dec. 2023 was $24,656 Mil. Pinnacle West Capital's operating liabilities for the quarter that ended in Dec. 2023 was $8,073 Mil. Pinnacle West Capital's Total Assets for the quarter that ended in Sep. 2023 was $24,434 Mil. Therefore, Pinnacle West Capital's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.68.


Pinnacle West Capital Scaled Net Operating Assets Historical Data

The historical data trend for Pinnacle West Capital's Scaled Net Operating Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pinnacle West Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.68 0.71 0.68 0.73

Pinnacle West Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Scaled Net Operating Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.70 0.69 0.69 0.68

Competitive Comparison

For the Utilities - Regulated Electric subindustry, Pinnacle West Capital's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pinnacle West Capital Scaled Net Operating Assets Distribution

For the Utilities - Regulated industry and Utilities sector, Pinnacle West Capital's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Pinnacle West Capital's Scaled Net Operating Assets falls into.



Pinnacle West Capital Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Pinnacle West Capital's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(24656.198-8073.097)/22723.405
=0.73

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24661.153 - 4.955
=24656.198

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18376.291 - 8750.811 - 1552.383
=8073.097

Pinnacle West Capital's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(24656.198-8073.097)/24434.426
=0.68

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=24661.153 - 4.955
=24656.198

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=18376.291 - 8750.811 - 1552.383
=8073.097

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Pinnacle West Capital Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of Pinnacle West Capital's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Pinnacle West Capital (Pinnacle West Capital) Business Description

Traded in Other Exchanges
Address
400 North Fifth Street, P.O. Box 53999, Phoenix, AZ, USA, 85072-3999
Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the U.S., Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.
Executives
Robert Edgar Smith officer: EVP, GC, and CDO 400 NORTH FIFTH STREET, MAIL STATION 8602, PHOENIX AZ 85004
Paul J Mountain officer: VP, Finance and Treasurer 400 N 5TH ST, PHOENIX AZ 85004
Jeffrey B. Guldner director, officer: Chairman, President and CEO 400 N. FIFTH STREET, MS8695, PHOENIX AZ 85004
Donna M Easterly other: SVP HR APS 400 NORTH FIFTH STREET, MAIL STATION 8602, PHOENIX AZ 85004
Elizabeth A Blankenship officer: VP, Controller and CAO 400 NORTH FIFTH STREET, MAIL STATION 8602, PHOENIX AZ 85004
Andrew D Cooper officer: SVP & CFO 400 NORTH 5TH STREET, MS 8602, PHOENIX AZ 85004
Jacob Tetlow other: EVP, Ops, APS 400 N. FIFTH ST, MS 8602, PHOENIX AZ 85004
Theodore N Geisler other: President, APS 400 NORTH FIFTH STREET, MAIL STATION 8602, PHOENIX AZ 85004
Kristine L Svinicki director 30 IVAN ALLEN JR BLVD NW, ATLANTA GA 30308
Esparza Jose Luis Jr other: SVP, Public Policy, APS 8360 S. DURANGO DR., LAS VEGAS NV 89113
Barbara D Lockwood other: VP, Regulation, APS 400 NORTH FIFTH STREET, MAIL STATION 8602, PHOENIX AZ 85004
Adam C Heflin other: EVP & CNO 1901 CHOUTEAU AVENUE, P. O. BOX 66149, MC-1370, ST. LOUIS MO 63166-6149
De La Melena Gonzalo A Jr director 400 N 5TH ST, PHOENIX AZ 85004
James R Hatfield officer: SVP & CFO, PNW & APS P O BOX 321 MC/1110, OKLAHOMA CITY OK 73101
William H Spence director UNIVERSITY OFFICE PLAZA, 252 CHAPMAN RD., PO BOX 6066, NEWARK DE 19714-0066