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 ratio | 13.1x |
| Cash | JP¥310.86b |
| Equity | JP¥2.89t |
| Total liabilities | JP¥4.36t |
| Total assets | JP¥7.25t |
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 (¥1,278.9B) exceed its short term liabilities (¥1,239.4B).
Long Term Liabilities: 9502'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: 9502's net debt to equity ratio (98.8%) is considered high.
Reducing Debt: 9502's debt to equity ratio has reduced from 125.5% to 109.5% over the past 5 years.
Debt Coverage: 9502's debt is not well covered by operating cash flow (10.9%).
Interest Coverage: 9502's interest payments on its debt are well covered by EBIT (13.1x coverage).