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 ratio | 11.3x |
| Cash | JP¥285.19b |
| Equity | JP¥2.81t |
| Total liabilities | JP¥4.23t |
| Total assets | JP¥7.04t |
Recent financial health updates
Recent updates
Estimating The Intrinsic Value Of Chubu Electric Power Company, Incorporated (TSE:9502)
Aug 24
We Think Chubu Electric Power Company (TSE:9502) Is Taking Some Risk With Its Debt
Jul 16Chubu Electric Power Company, Incorporated's (TSE:9502) Business Is Yet to Catch Up With Its Share Price
Jun 21Market Participants Recognise Chubu Electric Power Company, Incorporated's (TSE:9502) Revenues
Feb 29Financial Position Analysis
Short Term Liabilities: 9502's short term assets (¥1,194.3B) do not cover its short term liabilities (¥1,208.1B).
Long Term Liabilities: 9502'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: 9502's net debt to equity ratio (100.6%) is considered high.
Reducing Debt: 9502's debt to equity ratio has reduced from 120.7% to 110.7% over the past 5 years.
Debt Coverage: 9502's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: 9502's interest payments on its debt are well covered by EBIT (11.3x coverage).