Kansai Electric Power Co (Kansai Electric Power Co) Debt-to-Equity : 1.86 (As of Dec. 2023)

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What is Kansai Electric Power Co Debt-to-Equity?

Kansai Electric Power Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,107 Mil. Kansai Electric Power Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $26,791 Mil. Kansai Electric Power Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15,003 Mil. Kansai Electric Power Co's debt to equity for the quarter that ended in Dec. 2023 was 1.86.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

KAEPY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.78 Med: 2.33 Max: 3.61
Current: 1.78

During the past 13 years, the highest Debt-to-Equity Ratio of Kansai Electric Power Co was 3.61. The lowest was 1.78. And the median was 2.33.

KAEPY's Debt-to-Equity is ranked worse than
73.26% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.8 vs KAEPY: 1.78

Kansai Electric Power Co Debt-to-Equity Historical Data

The historical data trend for Kansai Electric Power Co's Debt-to-Equity 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.

* Premium members only.

Kansai Electric Power Co Debt-to-Equity Chart

Kansai Electric Power Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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2.23

2.31

2.62

2.51

1.78

Kansai 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-Equity	Get a 7-Day Free Trial															2.51	2.20	1.89	1.86	1.78

Competitive Comparison of Kansai Electric Power Co's Debt-to-Equity

For the Utilities - Renewable subindustry, Kansai Electric Power Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Kansai Electric Power Co's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

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

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

Kansai Electric Power Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1047.807	+	25938.548)	/	15172.716
	=	1.78

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

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1107.483	+	26790.706)	/	15002.677
	=	1.86

Kansai Electric Power Co (OTCPK:KAEPY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Kansai Electric Power Co Debt-to-Equity Related Terms

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Kansai Electric Power Co (Kansai Electric Power Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Kansai Electric Power Co Inc (OTCPK:KAEPY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

KAEPF:USA 9503:Japan

Address

36-16, Nakanoshima 3-chome, Kita-ku, Osaka, JPN, 530-8270

Website

http://www.kepco.co.jp

Kansai Electric Power Co Inc is an electric utility company that supplies power to the Kansai region of the Japanese archipelago. The company controls a portfolio of hydroelectric, thermal, nuclear, and solar power plants located in Kansai and in other countries throughout Southeast Asia. The vast majority of the energy produced by Kansai Electric comes from its thermal facilities. The company generates most of its revenue from the sale of electricity, heat, and gas to households and corporate customers. Kansai Electric's utility services, information technology, and real estate businesses also represent substantial revenue streams. The company provides energy to a significant percentage of the Japanese population.

Kansai Electric Power Co (Kansai Electric Power Co) Headlines

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