Hokuriku Electric Power Company

TSE:9505 Stock Report

Market Cap: JP¥189.3b

Hokuriku Electric Power Balance Sheet Health

Financial Health criteria checks 2/6

Hokuriku Electric Power has a total shareholder equity of ¥366.7B and total debt of ¥1,147.3B, which brings its debt-to-equity ratio to 312.9%. Its total assets and total liabilities are ¥1,801.4B and ¥1,434.7B respectively. Hokuriku Electric Power's EBIT is ¥102.2B making its interest coverage ratio 16. It has cash and short-term investments of ¥190.5B.

Key information

312.9%

Debt to equity ratio

JP¥1.15t

Debt

Interest coverage ratio16x
CashJP¥190.50b
EquityJP¥366.72b
Total liabilitiesJP¥1.43t
Total assetsJP¥1.80t

Recent financial health updates

These 4 Measures Indicate That Hokuriku Electric Power (TSE:9505) Is Using Debt Extensively

Apr 29
These 4 Measures Indicate That Hokuriku Electric Power (TSE:9505) Is Using Debt Extensively

Recent updates

Why Hokuriku Electric Power's (TSE:9505) Earnings Are Better Than They Seem

Nov 06
Why Hokuriku Electric Power's (TSE:9505) Earnings Are Better Than They Seem

Hokuriku Electric Power (TSE:9505) Is Experiencing Growth In Returns On Capital

Oct 23
Hokuriku Electric Power (TSE:9505) Is Experiencing Growth In Returns On Capital

Hokuriku Electric Power Company (TSE:9505) Investors Are Less Pessimistic Than Expected

Aug 29
Hokuriku Electric Power Company (TSE:9505) Investors Are Less Pessimistic Than Expected

There's Been No Shortage Of Growth Recently For Hokuriku Electric Power's (TSE:9505) Returns On Capital

Jul 24
There's Been No Shortage Of Growth Recently For Hokuriku Electric Power's (TSE:9505) Returns On Capital

Hokuriku Electric Power Company (TSE:9505) Looks Just Right With A 25% Price Jump

May 27
Hokuriku Electric Power Company (TSE:9505) Looks Just Right With A 25% Price Jump

Hokuriku Electric Power (TSE:9505) Is Posting Promising Earnings But The Good News Doesn’t Stop There

May 07
Hokuriku Electric Power (TSE:9505) Is Posting Promising Earnings But The Good News Doesn’t Stop There

These 4 Measures Indicate That Hokuriku Electric Power (TSE:9505) Is Using Debt Extensively

Apr 29
These 4 Measures Indicate That Hokuriku Electric Power (TSE:9505) Is Using Debt Extensively

Hokuriku Electric Power Company's (TSE:9505) Popularity With Investors Is Clear

Apr 05
Hokuriku Electric Power Company's (TSE:9505) Popularity With Investors Is Clear

Financial Position Analysis

Short Term Liabilities: 9505's short term assets (¥389.6B) exceed its short term liabilities (¥259.4B).

Long Term Liabilities: 9505's short term assets (¥389.6B) do not cover its long term liabilities (¥1,175.3B).

Debt to Equity History and Analysis

Debt Level: 9505's net debt to equity ratio (260.9%) is considered high.

Reducing Debt: 9505's debt to equity ratio has increased from 283.8% to 312.9% over the past 5 years.

Debt Coverage: 9505's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: 9505's interest payments on its debt are well covered by EBIT (16x coverage).

Balance Sheet

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