FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8Y

Three-Statement Breakdown

PNW
2026-06-30 · figures in $M

NET DEBT UP

Net debt rose 12% to $10.6B — the highest of its last 8 readings, and stands at 5.18× annualized EBITDA.

CASH +72.1%
7
TOTAL DEBT +12.0%
10,563
NET DEBT +12.0%
10,556
NET DEBT / ANN. EBITDA +8.2%
5.18× TARGET <2.0×
Balance sheet FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 YoY
Cash & equivalents
10-Q
6 10 60 10 5 5 4 7 +72.1%
Other current assets
10-Q
56 62 77 84 60 101 75 109 +45.1%
Total current assets
10-Q
925 1,030 1,198 1,551 1,751 1,927 1,689 1,704 +0.8%
Current ratio
10-Q
0.56× 0.50× 0.88× 0.88× 0.99× 0.67× 0.59× 0.54× -9.3%
Property, plant & equipment
10-Q
12,371 13,198 13,728 14,184 14,522 15,803 16,834 18,358 +9.1%
Total assets
10-Q
17,664 18,479 20,020 22,003 22,723 24,661 26,103 30,032 +15.1%
Return on assets (annualized)
10-Q
3.0% 3.0% 2.8% 2.9% 2.2% 2.1% 2.4% 2.1% -12.3%
Accounts payable
10-Q
277 346 319 393 430 442 485 680 +40.1%
Short-term debt
10-Q
76 115 169 292 341 875 800 600 -25.0%
Total current liabilities
10-Q
1,649 2,078 1,360 1,757 1,762 2,889 2,844 3,161 +11.2%
Long-term debt
10-Q
4,638 4,833 6,314 6,914 7,741 7,541 8,059 9,206 +14.2%
Total liabilities
12,315 12,926 14,268 15,982 16,564 18,376 19,245 22,945 +19.2%
Net debt
4,709 4,937 6,423 7,196 8,077 9,020 9,423 10,556 +12.0%
Stockholders' equity
10-Q
5,349 5,553 5,753 6,021 6,160 6,285 6,857 7,087 +3.3%
Net debt / TTM EBITDA
10-Q
3.31× 3.70× 4.36× 4.72× 5.21× 5.37× 4.79× 5.18× +8.2%

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · NET DEBT · QoQ BRIDGE
FROM9,423 TOTAL DEBT+1,136 CASH & EQUIVALENTS-3 TO10,556
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-04 ↗