Panasonic Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Panasonic Holdings has a total shareholder equity of ¥4,721.9B and total debt of ¥1,346.1B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are ¥9,411.2B and ¥4,689.3B respectively. Panasonic Holdings's EBIT is ¥356.7B making its interest coverage ratio -5.5. It has cash and short-term investments of ¥1,347.1B.
Key information
28.5%
Debt to equity ratio
JP¥1.35t
Debt
Interest coverage ratio | -5.5x |
Cash | JP¥1.35t |
Equity | JP¥4.72t |
Total liabilities | JP¥4.69t |
Total assets | JP¥9.41t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MAT's short term assets (¥4,152.8B) exceed its short term liabilities (¥3,121.7B).
Long Term Liabilities: MAT's short term assets (¥4,152.8B) exceed its long term liabilities (¥1,567.6B).
Debt to Equity History and Analysis
Debt Level: MAT has more cash than its total debt.
Reducing Debt: MAT's debt to equity ratio has reduced from 47.2% to 28.5% over the past 5 years.
Debt Coverage: MAT's debt is well covered by operating cash flow (64.4%).
Interest Coverage: MAT earns more interest than it pays, so coverage of interest payments is not a concern.