Kyushu Electric Power Co (TSE:9508) Cash-to-Debt : 0.11 (As of Dec. 2023)

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What is Kyushu Electric Power Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Kyushu Electric Power Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.11.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Kyushu Electric Power Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Kyushu Electric Power Co's Cash-to-Debt or its related term are showing as below:

TSE:9508' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.1 Max: 0.17
Current: 0.12

During the past 13 years, Kyushu Electric Power Co's highest Cash to Debt Ratio was 0.17. The lowest was 0.07. And the median was 0.10.

TSE:9508's Cash-to-Debt is ranked worse than
65.35% of 430 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs TSE:9508: 0.12

Kyushu Electric Power Co Cash-to-Debt Historical Data

The historical data trend for Kyushu Electric Power Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Kyushu Electric Power Co Cash-to-Debt Chart

Kyushu Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.07

0.08

0.12

Kyushu Electric Power Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.05	0.10	0.11	0.12

Competitive Comparison of Kyushu Electric Power Co's Cash-to-Debt

For the Utilities - Independent Power Producers subindustry, Kyushu Electric Power Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kyushu Electric Power Co's Cash-to-Debt Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Kyushu Electric Power Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Kyushu Electric Power Co's Cash-to-Debt falls into.

Kyushu Electric Power Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Kyushu Electric Power Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	392761	/	(123410	+	3224197)
	=	0.12

Kyushu Electric Power Co's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	374054	/	(133010	+	3291190)
	=	0.11

Kyushu Electric Power Co (TSE:9508) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Kyushu Electric Power Co Cash-to-Debt Related Terms

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Kyushu Electric Power Co (TSE:9508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kyushu Electric Power Co Inc (TSE:9508) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

2CJ:Germany

Address

1-82, Watanabe-dori 2-chome, Chuo-ku, Fukuoka, JPN, 810-8720

Website

https://www.kyuden.co.jp

Kyushu Electric Power Co Inc supplies electricity services to Kyushu, Japan. Additionally, it operates across various smaller islands within the jurisdiction of Kyushu's prefectural government. Nuclear power generates most of the company's electricity, although it also generates electricity from hydroelectric power, geothermal, coal, oil, and natural gas. The firm owns the largest geothermal power facility in Japan. The company's segments include domestic electric power, other energy services, information and communication service, and others, which consists of a real estate business and nursing home business. The power generation segment accounts for most of the firm's revenue and is further split into the electricity energy segment.

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