Hokkaido Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Hokkaido Electric Power Company has a total shareholder equity of ¥333.5B and total debt of ¥1,405.9B, which brings its debt-to-equity ratio to 421.5%. Its total assets and total liabilities are ¥2,141.7B and ¥1,808.2B respectively. Hokkaido Electric Power Company's EBIT is ¥101.2B making its interest coverage ratio 8.9. It has cash and short-term investments of ¥110.7B.
Key information
421.5%
Debt to equity ratio
JP¥1.41t
Debt
Interest coverage ratio | 8.9x |
Cash | JP¥110.71b |
Equity | JP¥333.53b |
Total liabilities | JP¥1.81t |
Total assets | JP¥2.14t |
Recent financial health updates
No updates
Recent updates
Hokkaido Electric Power Company, Incorporated's (TSE:9509) Popularity With Investors Under Threat As Stock Sinks 28%
Jun 27Hokkaido Electric Power Company, Incorporated's (TSE:9509) Intrinsic Value Is Potentially 69% Above Its Share Price
Jun 07After Leaping 34% Hokkaido Electric Power Company, Incorporated (TSE:9509) Shares Are Not Flying Under The Radar
May 01Investors Will Want Hokkaido Electric Power Company's (TSE:9509) Growth In ROCE To Persist
Apr 16Financial Position Analysis
Short Term Liabilities: 9509's short term assets (¥393.1B) do not cover its short term liabilities (¥447.3B).
Long Term Liabilities: 9509's short term assets (¥393.1B) do not cover its long term liabilities (¥1,360.8B).
Debt to Equity History and Analysis
Debt Level: 9509's net debt to equity ratio (388.3%) is considered high.
Reducing Debt: 9509's debt to equity ratio has reduced from 613.1% to 421.5% over the past 5 years.
Debt Coverage: 9509's debt is not well covered by operating cash flow (12.5%).
Interest Coverage: 9509's interest payments on its debt are well covered by EBIT (8.9x coverage).