DENSO Balance Sheet Health
Financial Health criteria checks 5/6
DENSO has a total shareholder equity of ¥5,746.5B and total debt of ¥850.7B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ¥9,093.4B and ¥3,346.9B respectively. DENSO's EBIT is ¥380.6B making its interest coverage ratio -6.7. It has cash and short-term investments of ¥789.4B.
Key information
14.8%
Debt to equity ratio
JP¥850.72b
Debt
Interest coverage ratio | -6.7x |
Cash | JP¥789.39b |
Equity | JP¥5.75t |
Total liabilities | JP¥3.35t |
Total assets | JP¥9.09t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNO's short term assets (¥3,865.4B) exceed its short term liabilities (¥2,165.0B).
Long Term Liabilities: DNO's short term assets (¥3,865.4B) exceed its long term liabilities (¥1,181.9B).
Debt to Equity History and Analysis
Debt Level: DNO's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: DNO's debt to equity ratio has increased from 14.6% to 14.8% over the past 5 years.
Debt Coverage: DNO's debt is well covered by operating cash flow (113.1%).
Interest Coverage: DNO earns more interest than it pays, so coverage of interest payments is not a concern.