Kansai Electric Power Company Balance Sheet Health
Financial Health criteria checks 3/6
Kansai Electric Power Company has a total shareholder equity of ¥2,216.8B and total debt of ¥4,586.6B, which brings its debt-to-equity ratio to 206.9%. Its total assets and total liabilities are ¥8,756.9B and ¥6,540.1B respectively. Kansai Electric Power Company's EBIT is ¥780.0B making its interest coverage ratio -242.8. It has cash and short-term investments of ¥390.1B.
Key information
206.9%
Debt to equity ratio
JP¥4.59t
Debt
Interest coverage ratio | -242.8x |
Cash | JP¥390.11b |
Equity | JP¥2.22t |
Total liabilities | JP¥6.54t |
Total assets | JP¥8.76t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KAEP.F's short term assets (¥1,307.8B) do not cover its short term liabilities (¥1,501.1B).
Long Term Liabilities: KAEP.F's short term assets (¥1,307.8B) do not cover its long term liabilities (¥5,039.0B).
Debt to Equity History and Analysis
Debt Level: KAEP.F's net debt to equity ratio (189.3%) is considered high.
Reducing Debt: KAEP.F's debt to equity ratio has reduced from 261.3% to 206.9% over the past 5 years.
Debt Coverage: KAEP.F's debt is well covered by operating cash flow (22.1%).
Interest Coverage: KAEP.F earns more interest than it pays, so coverage of interest payments is not a concern.