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Hokuriku Electric Power Co (TSE:9505) Debt-to-Asset : 0.61 (As of Dec. 2023)


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What is Hokuriku Electric Power Co Debt-to-Asset?

Hokuriku Electric Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,233 Mil. Hokuriku Electric Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円1,088,818 Mil. Hokuriku Electric Power Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was 円1,801,059 Mil. Hokuriku Electric Power Co's debt to asset for the quarter that ended in Dec. 2023 was 0.61.


Hokuriku Electric Power Co Debt-to-Asset Historical Data

The historical data trend for Hokuriku Electric Power Co's Debt-to-Asset 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.

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Hokuriku Electric Power Co Debt-to-Asset Chart

Hokuriku Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.56 0.57 0.66 0.59

Hokuriku 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
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.64 0.61 0.61 0.59

Competitive Comparison of Hokuriku Electric Power Co's Debt-to-Asset

For the Utilities - Regulated Electric subindustry, Hokuriku Electric Power Co's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


Hokuriku Electric Power Co's Debt-to-Asset Distribution in the Utilities - Regulated Industry

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

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



Hokuriku Electric Power Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Hokuriku Electric Power Co's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1133 + 1089803) / 1855435
=0.59

Hokuriku Electric Power Co's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1233 + 1088818) / 1801059
=0.61

* 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.


Hokuriku Electric Power Co  (TSE:9505) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Hokuriku Electric Power Co Debt-to-Asset Related Terms

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Hokuriku Electric Power Co (TSE:9505) Business Description

Traded in Other Exchanges
Address
15-1 Ushijima-cho, Toyama, JPN, 930-8686
Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.

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