Kansai Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Kansai Electric Power Company has a total shareholder equity of ¥2,548.3B and total debt of ¥4,552.3B, which brings its debt-to-equity ratio to 178.6%. Its total assets and total liabilities are ¥9,149.5B and ¥6,601.2B respectively. Kansai Electric Power Company's EBIT is ¥537.9B making its interest coverage ratio 2831.3. It has cash and short-term investments of ¥382.0B.
Key information
178.6%
Debt to equity ratio
JP¥4.55t
Debt
| Interest coverage ratio | 2831.3x |
| Cash | JP¥382.03b |
| Equity | JP¥2.55t |
| Total liabilities | JP¥6.60t |
| Total assets | JP¥9.15t |
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
The Kansai Electric Power Company, Incorporated (TSE:9503) Not Doing Enough For Some Investors As Its Shares Slump 26%
Nov 17Investors Can Find Comfort In Kansai Electric Power Company's (TSE:9503) Earnings Quality
Nov 15Is The Kansai Electric Power Company, Incorporated (TSE:9503) Trading At A 47% Discount?
Oct 28Why 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 (¥1,511.5B) do not cover its short term liabilities (¥1,589.0B).
Long Term Liabilities: 9503's short term assets (¥1,511.5B) do not cover its long term liabilities (¥5,012.2B).
Debt to Equity History and Analysis
Debt Level: 9503's net debt to equity ratio (163.7%) is considered high.
Reducing Debt: 9503's debt to equity ratio has reduced from 237.5% to 178.6% over the past 5 years.
Debt Coverage: 9503's debt is not well covered by operating cash flow (15%).
Interest Coverage: 9503's interest payments on its debt are well covered by EBIT (2831.3x coverage).