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 ratio | 16x |
| Cash | JP¥190.50b |
| Equity | JP¥366.72b |
| Total liabilities | JP¥1.43t |
| Total assets | JP¥1.80t |
Recent financial health updates
Recent updates
Hokuriku Electric Power (TSE:9505) Is Increasing Its Dividend To ¥10.00
Dec 16
Hokuriku Electric Power (TSE:9505) Is Paying Out A Larger Dividend Than Last Year
Dec 01Why Hokuriku Electric Power's (TSE:9505) Earnings Are Better Than They Seem
Nov 06Hokuriku Electric Power (TSE:9505) Is Experiencing Growth In Returns On Capital
Oct 23Hokuriku Electric Power Company (TSE:9505) Investors Are Less Pessimistic Than Expected
Aug 29There's Been No Shortage Of Growth Recently For Hokuriku Electric Power's (TSE:9505) Returns On Capital
Jul 24Hokuriku Electric Power Company (TSE:9505) Looks Just Right With A 25% Price Jump
May 27Hokuriku Electric Power (TSE:9505) Is Posting Promising Earnings But The Good News Doesn’t Stop There
May 07These 4 Measures Indicate That Hokuriku Electric Power (TSE:9505) Is Using Debt Extensively
Apr 29Hokuriku Electric Power Company's (TSE:9505) Popularity With Investors Is Clear
Apr 05Financial 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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:16 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hokuriku Electric Power Company is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masanori Maruo | Barclays |
| Takahiro Mori | BofA Global Research |
| Takashi Miyazaki | Citigroup Global Markets Japan Inc. |