Kyushu Electric Power Company Balance Sheet Health
Financial Health criteria checks 2/6
Kyushu Electric Power Company has a total shareholder equity of ¥921.0B and total debt of ¥3,765.4B, which brings its debt-to-equity ratio to 408.8%. Its total assets and total liabilities are ¥5,727.2B and ¥4,806.2B respectively. Kyushu Electric Power Company's EBIT is ¥254.9B making its interest coverage ratio 10.5. It has cash and short-term investments of ¥392.8B.
Key information
408.8%
Debt to equity ratio
JP¥3.77t
Debt
Interest coverage ratio | 10.5x |
Cash | JP¥392.76b |
Equity | JP¥921.04b |
Total liabilities | JP¥4.81t |
Total assets | JP¥5.73t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYSE.F's short term assets (¥928.0B) do not cover its short term liabilities (¥1,119.0B).
Long Term Liabilities: KYSE.F's short term assets (¥928.0B) do not cover its long term liabilities (¥3,687.1B).
Debt to Equity History and Analysis
Debt Level: KYSE.F's net debt to equity ratio (366.2%) is considered high.
Reducing Debt: KYSE.F's debt to equity ratio has reduced from 484.9% to 408.8% over the past 5 years.
Debt Coverage: KYSE.F's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: KYSE.F's interest payments on its debt are well covered by EBIT (10.5x coverage).