Okinawa Electric Power Company Balance Sheet Health
Financial Health criteria checks 1/6
Okinawa Electric Power Company has a total shareholder equity of ¥115.8B and total debt of ¥322.8B, which brings its debt-to-equity ratio to 278.6%. Its total assets and total liabilities are ¥513.9B and ¥398.1B respectively. Okinawa Electric Power Company's EBIT is ¥6.2B making its interest coverage ratio 4.2. It has cash and short-term investments of ¥22.5B.
Key information
278.6%
Debt to equity ratio
JP¥322.77b
Debt
| Interest coverage ratio | 4.2x |
| Cash | JP¥22.48b |
| Equity | JP¥115.84b |
| Total liabilities | JP¥398.05b |
| Total assets | JP¥513.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9511's short term assets (¥93.0B) do not cover its short term liabilities (¥100.1B).
Long Term Liabilities: 9511's short term assets (¥93.0B) do not cover its long term liabilities (¥297.9B).
Debt to Equity History and Analysis
Debt Level: 9511's net debt to equity ratio (259.2%) is considered high.
Reducing Debt: 9511's debt to equity ratio has increased from 128.2% to 278.6% over the past 5 years.
Debt Coverage: 9511's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 9511's interest payments on its debt are well covered by EBIT (4.2x coverage).