Chugoku Electric Power Balance Sheet Health
Financial Health criteria checks 1/6
Chugoku Electric Power has a total shareholder equity of ¥613.4B and total debt of ¥2,685.9B, which brings its debt-to-equity ratio to 437.9%. Its total assets and total liabilities are ¥4,133.3B and ¥3,519.9B respectively. Chugoku Electric Power's EBIT is ¥206.8B making its interest coverage ratio 20.1. It has cash and short-term investments of ¥301.4B.
Key information
437.9%
Debt to equity ratio
JP¥2.69t
Debt
Interest coverage ratio | 20.1x |
Cash | JP¥301.35b |
Equity | JP¥613.40b |
Total liabilities | JP¥3.52t |
Total assets | JP¥4.13t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9504's short term assets (¥650.6B) do not cover its short term liabilities (¥721.3B).
Long Term Liabilities: 9504's short term assets (¥650.6B) do not cover its long term liabilities (¥2,798.6B).
Debt to Equity History and Analysis
Debt Level: 9504's net debt to equity ratio (388.7%) is considered high.
Reducing Debt: 9504's debt to equity ratio has increased from 389.7% to 437.9% over the past 5 years.
Debt Coverage: 9504's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: 9504's interest payments on its debt are well covered by EBIT (20.1x coverage).