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Credit Rating Analysis: Hokkaido Electric Power (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): Hokkaido Electric Power (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2012-03-31  CC  Credit is very vulnerable. ¥ 634 B
12.03%
¥ -9 B
-133.01%
¥ -72 B
-701.45%

Financial Timeline

Date  2012-03-31 
(Annual )
 2012-12-31 
(Third quarter )
 2013-06-30 
(First quarter )
 2013-09-30 
(Second quarter )
Credit Rating CCCCCCCCCC
Total Assets
¥ 1.6 T
¥ 1.6 T
¥ 1.6 T
¥ 1.7 T
Net Assets
¥ 327 B
¥ 230 B
¥ 183 B
¥ 199 B

Financial Statement Risk Analysis: Hokkaido Electric Power (Annual ) (Consolidated )

Special note
The change of Net income is going too far. The management situation is unstable.
Net Assets have dropped 4 consecutive terms. The fiscal base is getting worse.
[Date: 2012-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -72 B) is minus or 0, so , there is a possibility that the management situation is severe.
Management Risk (*Net Income is decrease )
Net Income (¥ -72 B) is first term Net Income (¥ 11 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (-11.36%) is first term Net Profit Margin (2.12%) less , there is a possibility that the profitability has deteriorated.
Dividend Risk
Under the situation of Net Income (¥ -72 B) & Operating Cash Flow (¥ 106 B), Dividend (¥ -10 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 634 B) is first term (¥ 566 B) more, however Operating Cash Flow (¥ 106 B) is first term (¥ 126 B) less , there is a possibility that the financing has deteriorated very much.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -72 B) is a minus, the cashflow of Operating Cash Flow (¥ 106 B) is smaller than Investment Cash Flow (¥ -107 B) , there is a possibility of the overinvestment.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -125 B) & Financial Cash Flow (¥ -19 B) is a minus, Operating Cash Flow (¥ 126 B) is a plus,
Dividend
Under the situation of Net Income (¥ 11 B) & Operating Cash Flow (¥ 126 B) , Dividend (¥ -10 B) is paid.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Management Risk (*Sales is decrease )
Sales (¥ 549 B) is first term Sales (¥ 594 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 517 B) is first term Gross Income (¥ 611 B) less , there is a possibility that the management situation has stagnated and deteriorated
Dividend
Under the situation of Net Income (¥ 7 B) & Operating Cash Flow (¥ 120 B) , Dividend (¥ -11 B) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ -11 B) is Sales first term ratio (¥ -45 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Management Risk (*Net Income is minus or 0 )
Net Income (¥ -24 B) is minus or 0, so , there is a possibility that the management situation is severe.
Dividend Risk
Under the situation of Net Income (¥ -24 B) & Operating Cash Flow (¥ 24 B), Dividend (¥ -12 B) is paid.
Overinvestment Risk (*Investment Cash Flow confirmed content)
Net Income (¥ -24 B) is a minus, the cashflow of Operating Cash Flow (¥ 24 B) is smaller than Investment Cash Flow (¥ -100 B) , there is a possibility of the overinvestment.

Related Information: Hokkaido Electric Power (Annual )

Statement Type
Annual : Hokkaido Electric Power
First quarter : Hokkaido Electric Power
Second quarter : Hokkaido Electric Power
Third quarter : Hokkaido Electric Power
Analysis Menu
@Outline : Hokkaido Electric Power
@Statement : Hokkaido Electric Power
@Rating : Hokkaido Electric Power
@Indicator : Hokkaido Electric Power
@Download : Hokkaido Electric Power
Industry Comparison Ranking
Electric Power - EDIUNET Industry Rankings
Electric Power - EDIUNET Credit Rating
Electric Power - EDIUNET Industry Avg
Comparison with a neighboring company
Hokkaido - EDIUNET Prefectures
Hokkaido札幌市 - EDIUNET Prefectures

Related company's newest statement

Date Company Credit Rating Date
11/1 東京電力 B→BB 2013-09-30 (Q2)
11/1 Electric Power Developm.. A 2013-09-30 (Q2)
10/31 Tohoku Electric Power CC→CCC 2013-09-30 (Q2)
10/31 Kyushu Electric Power C.. C→CC 2013-09-30 (Q2)
10/31 The Chugoku Electric Po.. CCC→BB 2013-09-30 (Q2)
10/31 Shikoku Electric Power CCC→B 2013-09-30 (Q2)
10/31 沖縄電力 A 2013-09-30 (Q2)
10/30 関西電力 CC→BBB 2013-09-30 (Q2)
10/30 Hokkaido Electric Power C→CCC 2013-09-30 (Q2)
10/30 Hokuriku Electric Power A→BBB 2013-09-30 (Q2)

Ticker Market Industry Month report Rating
@ Hokkaido Electric Power 9509 TSE 1st Electric Power 3 Annual CC

Related Company

@ Chubu Electric Power (Sales ¥ 2.6 T)
@ Hokuriku Electric Power (Sales ¥ 492 B)
@ Electric Power Development (Sales ¥ 656 B)
@ 沖縄電力 (Sales ¥ 166 B)
@ Kyushu Electric Power Company,Incoporated (Sales ¥ 1.5 T)
@ Shikoku Electric Power (Sales ¥ 561 B)
@ The Chugoku Electric Power (Sales ¥ 1.1 T)
@ Tohoku Electric Power (Sales ¥ 1.7 T)
@ Hokkaido Electric Power (Sales ¥ 634 B)
@ The Japan Atomic Power (Sales ¥ 146 B)
@ 関西電力 (Sales ¥ 2.8 T)
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