Electric Power Development Co (Electric Power Development Co) Cash-to-Debt : 0.21 (As of Dec. 2023)

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What is Electric Power Development 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. Electric Power Development Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.21.

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

EDRWY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: 0.23
Current: 0.23

During the past 13 years, Electric Power Development Co's highest Cash to Debt Ratio was 0.23. The lowest was 0.07. And the median was 0.11.

EDRWY's Cash-to-Debt is ranked better than
50.35% of 429 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.23 vs EDRWY: 0.23

Electric Power Development Co Cash-to-Debt Historical Data

The historical data trend for Electric Power Development 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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Electric Power Development Co Cash-to-Debt Chart

Electric Power Development Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.10

0.11

0.12

0.18

0.23

Electric Power Development 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															0.18	0.19	0.21	0.21	0.23

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

For the Utilities - Renewable subindustry, Electric Power Development 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.

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

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

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

Electric Power Development 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.

Electric Power Development 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)
	=	2883.22	/	(1364.844	+	11097.42)
	=	0.23

Electric Power Development 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)
	=	2743.762	/	(1645.392	+	11403.229)
	=	0.21

Electric Power Development Co (OTCPK:EDRWY) 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.

Electric Power Development Co Cash-to-Debt Related Terms

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Electric Power Development Co (Electric Power Development Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Electric Power Development Co Ltd (OTCPK:EDRWY) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

EPWDF:USA 9513:Japan

Address

15-1,Ginza 6-Chome, Chuo-ku, Tokyo, JPN, 104-8165

Website

http://www.jpower.co.jp

Electric Power Development Co., Ltd. which operates under the brand J-POWER, is a Japanese electric utility company involved in the generation, transmission, distribution, and retail sale of energy. The company operates a portfolio of hydroelectric, wind, nuclear, geothermal, and thermal power plants located primarily throughout Japan, but also elsewhere in Southeast Asia and North America. While most of Electric Power Development's power generating facilities are hydroelectric, the company's total electric power production can be divided fairly evenly between its thermal and hydroelectric sites. Electric Power Development generates almost all of its revenue from its electric utility operations, which primarily comprise the sale of energy from its thermal power plants.

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