Shikoku Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Shikoku Electric Power Company has a total shareholder equity of ¥359.0B and total debt of ¥925.1B, which brings its debt-to-equity ratio to 257.7%. Its total assets and total liabilities are ¥1,604.7B and ¥1,245.7B respectively. Shikoku Electric Power Company's EBIT is ¥67.1B making its interest coverage ratio 15.7. It has cash and short-term investments of ¥92.8B.
Key information
257.7%
Debt to equity ratio
JP¥925.11b
Debt
Interest coverage ratio | 15.7x |
Cash | JP¥92.78b |
Equity | JP¥358.98b |
Total liabilities | JP¥1.25t |
Total assets | JP¥1.60t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9507's short term assets (¥308.1B) exceed its short term liabilities (¥176.0B).
Long Term Liabilities: 9507's short term assets (¥308.1B) do not cover its long term liabilities (¥1,069.7B).
Debt to Equity History and Analysis
Debt Level: 9507's net debt to equity ratio (231.9%) is considered high.
Reducing Debt: 9507's debt to equity ratio has increased from 230.3% to 257.7% over the past 5 years.
Debt Coverage: 9507's debt is not well covered by operating cash flow (7%).
Interest Coverage: 9507's interest payments on its debt are well covered by EBIT (15.7x coverage).