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 ¥1,237.9B, which brings its debt-to-equity ratio to 371.2%. 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
371.2%
Debt to equity ratio
JP¥1.24t
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
No updates
Financial Position Analysis
Short Term Liabilities: HKEP.F's short term assets (¥393.1B) do not cover its short term liabilities (¥447.3B).
Long Term Liabilities: HKEP.F's short term assets (¥393.1B) do not cover its long term liabilities (¥1,360.8B).
Debt to Equity History and Analysis
Debt Level: HKEP.F's net debt to equity ratio (338%) is considered high.
Reducing Debt: HKEP.F's debt to equity ratio has reduced from 613.1% to 371.2% over the past 5 years.
Debt Coverage: HKEP.F's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: HKEP.F's interest payments on its debt are well covered by EBIT (8.9x coverage).