Hokkaido Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Hokkaido Electric Power Company has a total shareholder equity of ¥362.2B and total debt of ¥1,404.7B, which brings its debt-to-equity ratio to 387.8%. Its total assets and total liabilities are ¥2,108.8B and ¥1,746.5B respectively. Hokkaido Electric Power Company's EBIT is ¥86.4B making its interest coverage ratio 7.6. It has cash and short-term investments of ¥99.9B.
Key information
387.8%
Debt to equity ratio
JP¥1.40t
Debt
| Interest coverage ratio | 7.6x |
| Cash | JP¥99.90b |
| Equity | JP¥362.23b |
| Total liabilities | JP¥1.75t |
| Total assets | JP¥2.11t |
Recent financial health updates
No updates
Recent updates
Hokkaido Electric Power Company (TSE:9509) Is Looking To Continue Growing Its Returns On Capital
Jul 24
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 (¥381.0B) do not cover its short term liabilities (¥400.9B).
Long Term Liabilities: 9509's short term assets (¥381.0B) do not cover its long term liabilities (¥1,345.6B).
Debt to Equity History and Analysis
Debt Level: 9509's net debt to equity ratio (360.2%) is considered high.
Reducing Debt: 9509's debt to equity ratio has reduced from 635.8% to 387.8% 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 (7.6x coverage).