Tokyo Electric Power Company Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Tokyo Electric Power Company Holdings has a total shareholder equity of ¥3,617.0B and total debt of ¥6,293.2B, which brings its debt-to-equity ratio to 174%. Its total assets and total liabilities are ¥14,155.0B and ¥10,538.1B respectively. Tokyo Electric Power Company Holdings's EBIT is ¥427.2B making its interest coverage ratio 7.9. It has cash and short-term investments of ¥1,251.3B.
Key information
174.0%
Debt to equity ratio
JP¥6.29t
Debt
Interest coverage ratio | 7.9x |
Cash | JP¥1.25t |
Equity | JP¥3.62t |
Total liabilities | JP¥10.54t |
Total assets | JP¥14.16t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKEC.Y's short term assets (¥2,537.8B) do not cover its short term liabilities (¥4,266.1B).
Long Term Liabilities: TKEC.Y's short term assets (¥2,537.8B) do not cover its long term liabilities (¥6,272.0B).
Debt to Equity History and Analysis
Debt Level: TKEC.Y's net debt to equity ratio (139.4%) is considered high.
Reducing Debt: TKEC.Y's debt to equity ratio has reduced from 219.6% to 174% over the past 5 years.
Debt Coverage: TKEC.Y's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: TKEC.Y's interest payments on its debt are well covered by EBIT (7.9x coverage).