Shikoku Electric Power Co (TSE:9507) Cash-to-Debt : 0.14 (As of Sep. 2024)

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What is Shikoku 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. Shikoku Electric Power Co's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.14.

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, Shikoku Electric Power Co couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

TSE:9507' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.07 Max: 0.16
Current: 0.13

During the past 13 years, Shikoku Electric Power Co's highest Cash to Debt Ratio was 0.16. The lowest was 0.02. And the median was 0.07.

TSE:9507's Cash-to-Debt is ranked worse than
63.79% of 475 companies
in the Utilities - Regulated industry
Industry Median: 0.25 vs TSE:9507: 0.13

Shikoku Electric Power Co Cash-to-Debt Historical Data

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

Shikoku Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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0.09

0.10

0.12

0.14

Shikoku Electric Power Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.14	N/A	0.14	0.13

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

For the Utilities - Regulated Electric subindustry, Shikoku 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.

Shikoku Electric Power Co's Cash-to-Debt Distribution in the Utilities - Regulated Industry

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

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

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Shikoku 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.

Shikoku 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)
	=	118346	/	(0	+	841994)
	=	0.14

Shikoku Electric Power Co's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	108856	/	(0	+	807795)
	=	0.13

Shikoku Electric Power Co (TSE:9507) 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.

Shikoku Electric Power Co Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Shikoku Electric Power Co's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Shikoku Electric Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Shikoku Electric Power Co Inc (TSE:9507) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

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Address

2-5 Marunouchi, Takamatsu-shi, Kagawa, JPN, 760-8573

Website

http://www.yonden.co.jp

Shikoku Electric Power Co Inc also known as Yonden Group, is an electric utility company that supplies electric power to customers in the Japan's Shikoku region. The company's principal activity is generating, transmitting, and distributing electricity. Shikoku Electric produces energy through its portfolio of coal, nuclear, oil, hydroelectric, and natural gas power plants. Thermal and nuclear assets represent the majority of its electric power generation capacity. Shikoku Electric segments its operations into electric utility, IT/communications, and "other" divisions. The vast majority of the company's revenue is derived by selling electricity produced by coal-fueled facilities and transmitted to industrial and commercial customers.

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