Chubu Electric Power Company, Incorporated

DB:0C2 Stock Report

Market Cap: €8.0b

Chubu Electric Power Company Balance Sheet Health

Financial Health criteria checks 3/6

Chubu Electric Power Company has a total shareholder equity of ¥2,890.6B and total debt of ¥3,166.3B, which brings its debt-to-equity ratio to 109.5%. Its total assets and total liabilities are ¥7,246.2B and ¥4,355.6B respectively. Chubu Electric Power Company's EBIT is ¥272.0B making its interest coverage ratio 13.1. It has cash and short-term investments of ¥310.9B.

Key information

109.5%

Debt to equity ratio

JP¥3.17t

Debt

Interest coverage ratio13.1x
CashJP¥310.86b
EquityJP¥2.89t
Total liabilitiesJP¥4.36t
Total assetsJP¥7.25t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0C2's short term assets (¥1,278.9B) exceed its short term liabilities (¥1,239.4B).

Long Term Liabilities: 0C2's short term assets (¥1,278.9B) do not cover its long term liabilities (¥3,116.3B).


Debt to Equity History and Analysis

Debt Level: 0C2's net debt to equity ratio (98.8%) is considered high.

Reducing Debt: 0C2's debt to equity ratio has reduced from 125.5% to 109.5% over the past 5 years.

Debt Coverage: 0C2's debt is not well covered by operating cash flow (10.9%).

Interest Coverage: 0C2's interest payments on its debt are well covered by EBIT (13.1x coverage).


Balance Sheet


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