Hokuriku Electric Power Balance Sheet Health
Financial Health criteria checks 3/6
Hokuriku Electric Power has a total shareholder equity of ¥353.6B and total debt of ¥1,063.5B, which brings its debt-to-equity ratio to 300.8%. Its total assets and total liabilities are ¥1,804.3B and ¥1,450.8B respectively. Hokuriku Electric Power's EBIT is ¥109.0B making its interest coverage ratio 16.6. It has cash and short-term investments of ¥184.1B.
Key information
300.8%
Debt to equity ratio
JP¥1.06t
Debt
| Interest coverage ratio | 16.6x |
| Cash | JP¥184.06b |
| Equity | JP¥353.56b |
| Total liabilities | JP¥1.45t |
| 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 (¥392.7B) exceed its short term liabilities (¥272.8B).
Long Term Liabilities: HOKR.F's short term assets (¥392.7B) do not cover its long term liabilities (¥1,178.0B).
Debt to Equity History and Analysis
Debt Level: HOKR.F's net debt to equity ratio (248.7%) is considered high.
Reducing Debt: HOKR.F's debt to equity ratio has increased from 293.7% to 300.8% over the past 5 years.
Debt Coverage: HOKR.F's debt is well covered by operating cash flow (21%).
Interest Coverage: HOKR.F's interest payments on its debt are well covered by EBIT (16.6x coverage).