Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Debt-to-Equity : 1.60 (As of Dec. 2023)

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What is Tokyo Electric Power Co Holdings Debt-to-Equity?

Tokyo Electric Power Co Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18,198 Mil. Tokyo Electric Power Co Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $21,610 Mil. Tokyo Electric Power Co Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $24,934 Mil. Tokyo Electric Power Co Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.60.

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 Tokyo Electric Power Co Holdings's Debt-to-Equity or its related term are showing as below:

TKECF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.36 Med: 1.66 Max: 3.02
Current: 1.64

During the past 13 years, the highest Debt-to-Equity Ratio of Tokyo Electric Power Co Holdings was 3.02. The lowest was 1.36. And the median was 1.66.

TKECF's Debt-to-Equity is ranked worse than
71.61% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs TKECF: 1.64

Tokyo Electric Power Co Holdings Debt-to-Equity Historical Data

The historical data trend for Tokyo Electric Power Co Holdings'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.

Tokyo Electric Power Co Holdings Debt-to-Equity Chart

Tokyo Electric Power Co Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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1.36

1.44

1.55

1.67

1.64

Tokyo Electric Power Co Holdings 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															1.67	1.71	1.58	1.60	1.64

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

For the Utilities - Renewable subindustry, Tokyo Electric Power Co Holdings'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.

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

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

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

Tokyo Electric Power Co Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tokyo Electric Power Co Holdings'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
	=	(17596.053	+	20901.317)	/	23436.763
	=	1.64

Tokyo Electric Power Co Holdings'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
	=	(18197.817	+	21610.061)	/	24934.384
	=	1.60

Tokyo Electric Power Co Holdings (OTCPK:TKECF) 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.

Tokyo Electric Power Co Holdings Debt-to-Equity Related Terms

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Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tokyo Electric Power Co Holdings (OTCPK:TKECF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TKECY:USA 9501:Japan TPO:Germany

Address

1-3, Uchisaiwai-cho 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8560

Website

http://www.tepco.co.jp

Tokyo Electric Power Co Holdings, or TEPCO, is a holding company that, through its subsidiaries, supplies electric power to Tokyo's metropolitan area in Japan. TEPCO segments its business operations through subsidiaries that, manage fuel and thermal power generation, power transmission and distribution, and retail electricity sales. To produce electricity, the company controls a portfolio of hydroelectric, thermal, and nuclear power plants. TEPCO's thermal facilities, which utilize oil, natural gas, and coal fuel sources, account for the vast majority of its energy production. Almost all of Tokyo Electric Power's revenue is derived from the sale of electricity to primarily retail customers. The company serves the energy needs of a substantial portion of Japan's population.

Tokyo Electric Power Co Holdings (Tokyo Electric Power Co Holdings) Headlines

From GuruFocus

Tokyo Electric Power Co Holdings Stock Is Believed To Be Modestly Undervalued

By GF Value GF Value • 06-07-2021