IDACORP Price to Earnings Ratio vs Net Income Common Stock Analysis

IDA Stock  USD 92.44  1.96  2.17%   
Trend analysis of IDACORP balance sheet accounts such as Short and Long Term Debt Total of 1.6 B or Other Current Liab of 120.7 M provides information on IDACORP's total assets, liabilities, and equity, which is the actual value of IDACORP to its prevalent stockholders. By breaking down trends over time using IDACORP balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.

About IDACORP Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of IDACORP at a specified time, usually calculated after every quarter, six months, or one year. IDACORP Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of IDACORP and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which IDACORP currently owns. An asset can also be divided into two categories, current and non-current.

IDACORP Balance Sheet Chart

IDACORP Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how IDACORP uses and utilizes its capital. It also shows what exactly a company owns and owes.
At present, IDACORP's Current Deferred Revenue is projected to increase significantly based on the last few years of reporting. The current year's Retained Earnings is expected to grow to about 2.1 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 46.4 M.

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Total Assets

Total assets refers to the total amount of IDACORP assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in IDACORP books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.
Most indicators from IDACORP's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into IDACORP current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.As of March 28, 2024, Selling General Administrative is expected to decline to about 6.2 M. In addition to that, Tax Provision is expected to decline to about 27.8 M
 2021 2022 2023 2024 (projected)
Gross Profit332.2M330.1M316.8M458.3M
Total Revenue1.5B1.6B1.8B1.2B

IDACORP fundamental ratios Correlations

0.810.73-0.070.420.760.790.570.760.580.230.280.830.350.280.60.680.850.550.11-0.140.820.340.570.01.0
0.810.960.270.690.981.00.530.940.810.530.61.00.260.60.850.770.990.590.40.240.990.570.9-0.210.82
0.730.960.360.80.920.960.620.980.780.630.620.950.10.620.890.70.940.650.540.350.970.660.96-0.190.74
-0.070.270.360.670.270.280.180.320.370.640.440.24-0.130.420.410.00.180.340.540.530.270.450.45-0.34-0.06
0.420.690.80.670.640.690.610.80.60.760.490.660.070.480.760.30.620.530.620.560.710.620.770.010.43
0.760.980.920.270.640.990.440.880.810.490.610.980.260.610.820.760.960.50.340.220.960.510.88-0.240.78
0.791.00.960.280.690.990.510.930.80.520.60.990.220.60.860.750.980.560.390.230.980.560.91-0.220.8
0.570.530.620.180.610.440.510.670.640.730.470.51-0.010.460.670.510.530.790.710.350.580.760.61-0.020.53
0.760.940.980.320.80.880.930.670.730.630.510.930.120.50.910.680.930.670.530.310.960.640.9-0.170.77
0.580.810.780.370.60.810.80.640.730.80.870.790.010.860.760.630.760.780.720.490.80.860.83-0.160.55
0.230.530.630.640.760.490.520.730.630.80.720.49-0.20.70.740.280.450.760.940.760.540.90.7-0.170.2
0.280.60.620.440.490.610.60.470.510.870.720.56-0.211.00.50.430.540.660.730.570.590.830.78-0.120.25
0.831.00.950.240.660.980.990.510.930.790.490.560.30.560.830.770.990.570.350.20.990.530.88-0.20.84
0.350.260.1-0.130.070.260.22-0.010.120.01-0.2-0.210.3-0.190.040.210.29-0.24-0.38-0.150.26-0.31-0.020.050.37
0.280.60.620.420.480.610.60.460.50.860.71.00.56-0.190.490.430.550.640.720.580.590.820.78-0.110.26
0.60.850.890.410.760.820.860.670.910.760.740.50.830.040.490.690.810.640.620.410.850.660.86-0.40.6
0.680.770.70.00.30.760.750.510.680.630.280.430.770.210.430.690.790.480.24-0.060.760.40.69-0.40.67
0.850.990.940.180.620.960.980.530.930.760.450.540.990.290.550.810.790.590.340.150.990.530.87-0.210.86
0.550.590.650.340.530.50.560.790.670.780.760.660.57-0.240.640.640.480.590.80.350.630.910.65-0.080.5
0.110.40.540.540.620.340.390.710.530.720.940.730.35-0.380.720.620.240.340.80.710.430.950.65-0.120.07
-0.140.240.350.530.560.220.230.350.310.490.760.570.2-0.150.580.41-0.060.150.350.710.240.60.47-0.05-0.15
0.820.990.970.270.710.960.980.580.960.80.540.590.990.260.590.850.760.990.630.430.240.590.9-0.190.83
0.340.570.660.450.620.510.560.760.640.860.90.830.53-0.310.820.660.40.530.910.950.60.590.74-0.050.3
0.570.90.960.450.770.880.910.610.90.830.70.780.88-0.020.780.860.690.870.650.650.470.90.74-0.280.58
0.0-0.21-0.19-0.340.01-0.24-0.22-0.02-0.17-0.16-0.17-0.12-0.20.05-0.11-0.4-0.4-0.21-0.08-0.12-0.05-0.19-0.05-0.28-0.01
1.00.820.74-0.060.430.780.80.530.770.550.20.250.840.370.260.60.670.860.50.07-0.150.830.30.58-0.01
Click cells to compare fundamentals

IDACORP Account Relationship Matchups

IDACORP fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding50.5M50.6M50.6M50.7M50.8M46.4M
Total Assets6.6B7.1B7.2B7.5B8.5B5.1B
Short Long Term Debt Total1.8B2.0B2.0B2.2B2.8B1.6B
Other Current Liab135.7M41.9M42.3M183.6M171.5M120.7M
Total Current Liabilities374.9M287.6M325.6M548.6M634.1M320.1M
Total Stockholder Equity2.5B2.6B2.7B2.8B2.9B1.7B
Property Plant And Equipment Net4.5B4.7B4.9B5.2B5.7B3.4B
Current Deferred Revenue28.5M29.3M43.5M72.2M104.3M109.5M
Net Debt1.6B1.7B1.8B2.0B2.5B1.5B
Retained Earnings1.6B1.7B1.8B1.9B2.0B2.1B
Accounts Payable110.7M120.6M146.0M292.7M308.5M323.9M
Cash217.3M275.1M215.2M177.6M327.4M343.8M
Non Current Assets Total6.1B6.5B6.6B6.8B7.5B4.6B
Non Currrent Assets Other1.4B1.6B1.6B1.6B135.8M129.1M
Cash And Short Term Investments217.3M300.1M215.2M177.6M327.4M343.8M
Net Receivables159.1M160.1M183.4M263.9M267.0M170.6M
Common Stock Total Equity868.3M869.2M874.9M882.2M1.0B605.2M
Liabilities And Stockholders Equity6.6B7.1B7.2B7.5B8.5B5.1B
Non Current Liabilities Total3.8B4.2B4.2B4.2B4.9B2.9B
Inventory114.1M96.6M95.6M107.2M160.5M168.5M
Other Current Assets57.0M65.4M76.9M120.4M226.3M237.6M
Other Stockholder Equity(1.9M)2.6B6.8M2.9B2.6B2.7B
Total Liab4.2B4.5B4.5B4.7B5.6B3.4B
Property Plant And Equipment Gross4.5B4.7B4.9B5.2B8.3B8.7B
Total Current Assets565.1M642.4M595.9M693.7M1.0B506.8M
Accumulated Other Comprehensive Income(36.3M)(43.4M)(40.0M)(12.9M)(17.2M)(18.0M)
Short Term Debt100M95.8M93.9M0.049.8M90.0M
Common Stock868.3M869.2M874.9M882.2M888.6M618.7M
Other Liab2.1B2.2B2.2B2.0B2.3B1.2B
Other Assets1.4B1.6B1.6B1.6B1.8B1.1B
Long Term Debt1.7B2.0B2.0B2.2B2.8B1.6B
Property Plant Equipment4.5B4.7B4.9B5.2B5.9B3.7B
Noncontrolling Interest In Consolidated Entity5.9M6.5M6.8M7.4M8.5M4.5M
Retained Earnings Total Equity1.6B1.7B1.8B1.9B2.2B1.3B
Deferred Long Term Liab746.2M800.3M842.4M873.9M1.0B764.9M

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When determining whether IDACORP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of IDACORP's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Idacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Idacorp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in IDACORP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade IDACORP Stock refer to our How to Trade IDACORP Stock guide.
Note that the IDACORP information on this page should be used as a complementary analysis to other IDACORP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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When running IDACORP's price analysis, check to measure IDACORP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDACORP is operating at the current time. Most of IDACORP's value examination focuses on studying past and present price action to predict the probability of IDACORP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDACORP's price. Additionally, you may evaluate how the addition of IDACORP to your portfolios can decrease your overall portfolio volatility.
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Is IDACORP's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of IDACORP. If investors know IDACORP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about IDACORP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
3.2
Earnings Share
5.14
Revenue Per Share
34.828
Quarterly Revenue Growth
(0.03)
The market value of IDACORP is measured differently than its book value, which is the value of IDACORP that is recorded on the company's balance sheet. Investors also form their own opinion of IDACORP's value that differs from its market value or its book value, called intrinsic value, which is IDACORP's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IDACORP's market value can be influenced by many factors that don't directly affect IDACORP's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IDACORP's value and its price as these two are different measures arrived at by different means. Investors typically determine if IDACORP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDACORP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.