Tohoku Electric Power Co (Tohoku Electric Power Co) Cash-to-Debt

: 0.15 (As of Dec. 2023)

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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. Tohoku Electric Power Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.15.

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, Tohoku 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 Tohoku Electric Power Co's Cash-to-Debt or its related term are showing as below:

TEPCY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.09 Max: 0.17
Current: 0.15

During the past 13 years, Tohoku Electric Power Co's highest Cash to Debt Ratio was 0.17. The lowest was 0.04. And the median was 0.09.

TEPCY's Cash-to-Debt is ranked worse than
60% of 425 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs TEPCY: 0.15

Tohoku Electric Power Co Cash-to-Debt Historical Data

The historical data trend for Tohoku 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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Tohoku Electric Power Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.09

0.12

0.10

0.12

0.17

Tohoku Electric Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.16	0.17	0.11	0.17	0.15

Competitive Comparison

For the Utilities - Renewable subindustry, Tohoku 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.

Tohoku Electric Power Co Cash-to-Debt Distribution

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

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

Tohoku 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.

Tohoku Electric Power Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	3791.229	/	(0	+	23006.42)
	=	0.16

Tohoku 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)
	=	3158.718	/	(0	+	21218.879)
	=	0.15

Tohoku Electric Power Co (OTCPK:TEPCY) 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.

Tohoku Electric Power Co Cash-to-Debt Related Terms

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Tohoku Electric Power Co (Tohoku Electric Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tohoku Electric Power Co Inc (OTCPK:TEPCY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9506:Japan

Address

1-7-1 Honcho, Aoba-ku, Miyagi, Sendai, JPN, 980-8550

Website

https://www.tohoku-epco.co.jp

Tohoku Electric Power Co Inc is an electric utility company operating in and serving the Tohoku region of the Japanese archipelago. The country separates its activities into Electric power, Construction, and Other business segments. Almost all of the company's revenue comes from its Electric power business in the form of electricity sales. Tohoku Electric produces power through its portfolio of facilities utilizing nuclear, liquefied natural gas, coal, oil, hydro, geothermal, solar, and wind fuel sources. Most of the company's energy production comes from its thermal, non-renewable sites, which it then transmits and distributes to mainly residential customers. Tohoku Electric Power produces sizable amounts of Japan's total geothermal and wind energy output, as well.

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