Chubu Electric Power Company, Incorporated

DB:0C2 Stock Report

Market Cap: €7.5b

Chubu Electric Power Company Balance Sheet Health

Financial Health criteria checks 2/6

Chubu Electric Power Company has a total shareholder equity of ¥2,805.2B and total debt of ¥3,106.3B, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are ¥7,039.2B and ¥4,234.0B respectively. Chubu Electric Power Company's EBIT is ¥240.4B making its interest coverage ratio 11.3. It has cash and short-term investments of ¥285.2B.

Key information

110.7%

Debt to equity ratio

JP¥3.11t

Debt

Interest coverage ratio11.3x
CashJP¥285.19b
EquityJP¥2.81t
Total liabilitiesJP¥4.23t
Total assetsJP¥7.04t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0C2's short term assets (¥1,194.3B) do not cover its short term liabilities (¥1,208.1B).

Long Term Liabilities: 0C2's short term assets (¥1,194.3B) do not cover its long term liabilities (¥3,025.9B).


Debt to Equity History and Analysis

Debt Level: 0C2's net debt to equity ratio (100.6%) is considered high.

Reducing Debt: 0C2's debt to equity ratio has reduced from 120.7% to 110.7% over the past 5 years.

Debt Coverage: 0C2's debt is not well covered by operating cash flow (7.6%).

Interest Coverage: 0C2's interest payments on its debt are well covered by EBIT (11.3x coverage).


Balance Sheet


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