Pinnacle West Capital Corp. reported a working capital deficit of
US$230.99 million at March 31, 2009, a 63% drop from US$623.44
million at Dec. 31, 2008.
provides timely updates on public companies reporting a working capital deficit to the U.S. Securities and Exchange Commission. Companies with minimum total assets of USD $5 million are covered. Liquidity Alert highlights significant events affecting liquidity, cash flows, estimated capital expenditures, and capital raising efforts.