Tohoku Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Tohoku Electric Power Company has a total shareholder equity of ¥1,005.8B and total debt of ¥3,280.6B, which brings its debt-to-equity ratio to 326.2%. Its total assets and total liabilities are ¥5,305.0B and ¥4,299.2B respectively. Tohoku Electric Power Company's EBIT is ¥263.5B making its interest coverage ratio 11.5. It has cash and short-term investments of ¥387.8B.
Key information
326.2%
Debt to equity ratio
JP¥3.28t
Debt
| Interest coverage ratio | 11.5x |
| Cash | JP¥387.84b |
| Equity | JP¥1.01t |
| Total liabilities | JP¥4.30t |
| Total assets | JP¥5.31t |
Recent financial health updates
Recent updates
Is Tohoku Electric Power Company (TSE:9506) Using Too Much Debt?
Oct 17
Tohoku Electric Power Company, Incorporated's (TSE:9506) Price Is Out Of Tune With Revenues
Aug 30The Return Trends At Tohoku Electric Power Company (TSE:9506) Look Promising
Jun 18Tohoku Electric Power Company, Incorporated's (TSE:9506) 32% Price Boost Is Out Of Tune With Revenues
May 28Financial Position Analysis
Short Term Liabilities: 9506's short term assets (¥1,130.0B) exceed its short term liabilities (¥1,084.2B).
Long Term Liabilities: 9506's short term assets (¥1,130.0B) do not cover its long term liabilities (¥3,215.0B).
Debt to Equity History and Analysis
Debt Level: 9506's net debt to equity ratio (287.6%) is considered high.
Reducing Debt: 9506's debt to equity ratio has increased from 276.5% to 326.2% over the past 5 years.
Debt Coverage: 9506's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 9506's interest payments on its debt are well covered by EBIT (11.5x coverage).