Kansai Electric Power Company Balance Sheet Health
Financial Health criteria checks 3/6
Kansai Electric Power Company has a total shareholder equity of ¥2,469.3B and total debt of ¥4,640.0B, which brings its debt-to-equity ratio to 187.9%. Its total assets and total liabilities are ¥8,987.0B and ¥6,517.7B respectively. Kansai Electric Power Company's EBIT is ¥621.3B making its interest coverage ratio -746.8. It has cash and short-term investments of ¥332.9B.
Key information
187.9%
Debt to equity ratio
JP¥4.64t
Debt
| Interest coverage ratio | -746.8x |
| Cash | JP¥332.95b |
| Equity | JP¥2.47t |
| Total liabilities | JP¥6.52t |
| Total assets | JP¥8.99t |
Recent financial health updates
These 4 Measures Indicate That Kansai Electric Power Company (TSE:9503) Is Using Debt Extensively
Jul 03
Does Kansai Electric Power Company (TSE:9503) Have A Healthy Balance Sheet?
Mar 22Recent updates
Why Investors Shouldn't Be Surprised By The Kansai Electric Power Company, Incorporated's (TSE:9503) Low P/E
Sep 06These 4 Measures Indicate That Kansai Electric Power Company (TSE:9503) Is Using Debt Extensively
Jul 03The Kansai Electric Power Company, Incorporated (TSE:9503) Shares Could Be 49% Below Their Intrinsic Value Estimate
Jun 15The Kansai Electric Power Company, Incorporated (TSE:9503) Stock Rockets 25% But Many Are Still Ignoring The Company
May 28Kansai Electric Power Company's (TSE:9503) Strong Earnings Are Of Good Quality
May 07Does Kansai Electric Power Company (TSE:9503) Have A Healthy Balance Sheet?
Mar 22The Kansai Electric Power Company, Incorporated's (TSE:9503) P/S Is On The Mark
Feb 29Financial Position Analysis
Short Term Liabilities: 9503's short term assets (¥1,357.3B) do not cover its short term liabilities (¥1,476.2B).
Long Term Liabilities: 9503's short term assets (¥1,357.3B) do not cover its long term liabilities (¥5,041.5B).
Debt to Equity History and Analysis
Debt Level: 9503's net debt to equity ratio (174.4%) is considered high.
Reducing Debt: 9503's debt to equity ratio has reduced from 256.4% to 187.9% over the past 5 years.
Debt Coverage: 9503's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 9503 earns more interest than it pays, so coverage of interest payments is not a concern.