Okinawa Electric Power Company Balance Sheet Health
Financial Health criteria checks 1/6
Okinawa Electric Power Company has a total shareholder equity of ¥123.7B and total debt of ¥323.1B, which brings its debt-to-equity ratio to 261.2%. Its total assets and total liabilities are ¥513.3B and ¥389.7B respectively. Okinawa Electric Power Company's EBIT is ¥6.1B making its interest coverage ratio 4. It has cash and short-term investments of ¥24.3B.
Key information
261.2%
Debt to equity ratio
JP¥323.05b
Debt
| Interest coverage ratio | 4x |
| Cash | JP¥24.35b |
| Equity | JP¥123.68b |
| Total liabilities | JP¥389.66b |
| Total assets | JP¥513.34b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9511's short term assets (¥93.4B) do not cover its short term liabilities (¥110.9B).
Long Term Liabilities: 9511's short term assets (¥93.4B) do not cover its long term liabilities (¥278.7B).
Debt to Equity History and Analysis
Debt Level: 9511's net debt to equity ratio (241.5%) is considered high.
Reducing Debt: 9511's debt to equity ratio has increased from 115.5% to 261.2% over the past 5 years.
Debt Coverage: 9511's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 9511's interest payments on its debt are well covered by EBIT (4x coverage).