Chubu Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Chubu Electric Power Company has a total shareholder equity of ¥2,695.1B and total debt of ¥2,798.2B, which brings its debt-to-equity ratio to 103.8%. Its total assets and total liabilities are ¥7,108.6B and ¥4,413.5B respectively. Chubu Electric Power Company's EBIT is ¥343.3B making its interest coverage ratio 17.3. It has cash and short-term investments of ¥390.8B.
Key information
103.8%
Debt to equity ratio
JP¥2.80t
Debt
Interest coverage ratio | 17.3x |
Cash | JP¥390.81b |
Equity | JP¥2.70t |
Total liabilities | JP¥4.41t |
Total assets | JP¥7.11t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9502's short term assets (¥1,289.9B) do not cover its short term liabilities (¥1,296.4B).
Long Term Liabilities: 9502's short term assets (¥1,289.9B) do not cover its long term liabilities (¥3,117.2B).
Debt to Equity History and Analysis
Debt Level: 9502's net debt to equity ratio (89.3%) is considered high.
Reducing Debt: 9502's debt to equity ratio has reduced from 161.2% to 103.8% over the past 5 years.
Debt Coverage: 9502's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 9502's interest payments on its debt are well covered by EBIT (17.3x coverage).