Hokkaido Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Hokkaido Electric Power Company has a total shareholder equity of ¥312.8B and total debt of ¥1,437.1B, which brings its debt-to-equity ratio to 459.5%. Its total assets and total liabilities are ¥2,114.2B and ¥1,801.4B respectively. Hokkaido Electric Power Company's EBIT is ¥84.4B making its interest coverage ratio 8.9. It has cash and short-term investments of ¥87.4B.
Key information
459.5%
Debt to equity ratio
JP¥1.44t
Debt
Interest coverage ratio | 8.9x |
Cash | JP¥87.37b |
Equity | JP¥312.77b |
Total liabilities | JP¥1.80t |
Total assets | JP¥2.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5IE's short term assets (¥387.5B) do not cover its short term liabilities (¥428.6B).
Long Term Liabilities: 5IE's short term assets (¥387.5B) do not cover its long term liabilities (¥1,372.8B).
Debt to Equity History and Analysis
Debt Level: 5IE's net debt to equity ratio (431.6%) is considered high.
Reducing Debt: 5IE's debt to equity ratio has reduced from 651.3% to 459.5% over the past 5 years.
Debt Coverage: 5IE's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: 5IE's interest payments on its debt are well covered by EBIT (8.9x coverage).