Kansai Electric Power Co (Kansai Electric Power Co) LT-Debt-to-Total-Asset : 0.44 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Kansai Electric Power Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kansai Electric Power Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.44.

Kansai Electric Power Co's long-term debt to total assets ratio declined from Dec. 2022 (0.47) to Dec. 2023 (0.44). It may suggest that Kansai Electric Power Co is progressively becoming less dependent on debt to grow their business.

Kansai Electric Power Co LT-Debt-to-Total-Asset Historical Data

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

* Premium members only.

Kansai Electric Power Co LT-Debt-to-Total-Asset Chart

Kansai Electric Power Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.40

0.41

0.43

0.45

0.48

Kansai Electric Power Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.47	0.48	0.47	0.44	0.44

Kansai Electric Power Co LT-Debt-to-Total-Asset Calculation

Kansai Electric Power Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (A: Mar. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Mar. 2023 )	/	Total Assets (A: Mar. 2023 )
	=	31256.117	/	65645.24
	=	0.48

Kansai Electric Power Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	26790.706	/	60819.96
	=	0.44

Kansai Electric Power Co (OTCPK:KAEPF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Kansai Electric Power Co LT-Debt-to-Total-Asset Related Terms

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

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:KAEPF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

KAEPY: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

From GuruFocus

Unveiling the Dividend Prospects of Kansai Electric Power Co Inc (KAEPF)

By GuruFocus Research • 09-28-2023