Hokuriku Electric Power Balance Sheet Health
Financial Health criteria checks 2/6
Hokuriku Electric Power has a total shareholder equity of ¥366.7B and total debt of ¥1,147.3B, which brings its debt-to-equity ratio to 312.9%. Its total assets and total liabilities are ¥1,801.4B and ¥1,434.7B respectively. Hokuriku Electric Power's EBIT is ¥102.2B making its interest coverage ratio 16. It has cash and short-term investments of ¥190.5B.
Key information
312.9%
Debt to equity ratio
JP¥1.15t
Debt
| Interest coverage ratio | 16x |
| Cash | JP¥190.50b |
| Equity | JP¥366.72b |
| Total liabilities | JP¥1.43t |
| Total assets | JP¥1.80t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HOKR.F's short term assets (¥389.6B) exceed its short term liabilities (¥259.4B).
Long Term Liabilities: HOKR.F's short term assets (¥389.6B) do not cover its long term liabilities (¥1,175.3B).
Debt to Equity History and Analysis
Debt Level: HOKR.F's net debt to equity ratio (260.9%) is considered high.
Reducing Debt: HOKR.F's debt to equity ratio has increased from 283.8% to 312.9% over the past 5 years.
Debt Coverage: HOKR.F's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: HOKR.F's interest payments on its debt are well covered by EBIT (16x coverage).