Kyushu Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Kyushu Electric Power Company has a total shareholder equity of ¥921.0B and total debt of ¥3,347.6B, which brings its debt-to-equity ratio to 363.5%. Its total assets and total liabilities are ¥5,727.2B and ¥4,806.2B respectively. Kyushu Electric Power Company's EBIT is ¥254.9B making its interest coverage ratio 10.5. It has cash and short-term investments of ¥392.8B.
Key information
363.5%
Debt to equity ratio
JP¥3.35t
Debt
| Interest coverage ratio | 10.5x |
| Cash | JP¥392.76b |
| Equity | JP¥921.04b |
| Total liabilities | JP¥4.81t |
| Total assets | JP¥5.73t |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9508's short term assets (¥928.0B) do not cover its short term liabilities (¥1,119.0B).
Long Term Liabilities: 9508's short term assets (¥928.0B) do not cover its long term liabilities (¥3,687.1B).
Debt to Equity History and Analysis
Debt Level: 9508's net debt to equity ratio (320.8%) is considered high.
Reducing Debt: 9508's debt to equity ratio has reduced from 484.9% to 363.5% over the past 5 years.
Debt Coverage: 9508's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: 9508's interest payments on its debt are well covered by EBIT (10.5x coverage).