Panasonic Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Panasonic Holdings has a total shareholder equity of ¥4,612.3B and total debt of ¥1,258.0B, which brings its debt-to-equity ratio to 27.3%. Its total assets and total liabilities are ¥9,315.4B and ¥4,703.1B respectively. Panasonic Holdings's EBIT is ¥402.6B making its interest coverage ratio -14.4. It has cash and short-term investments of ¥1,064.2B.
Key information
27.3%
Debt to equity ratio
JP¥1.26t
Debt
| Interest coverage ratio | -14.4x |
| Cash | JP¥1.06t |
| Equity | JP¥4.61t |
| Total liabilities | JP¥4.70t |
| Total assets | JP¥9.32t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QYR's short term assets (¥3,947.3B) exceed its short term liabilities (¥3,076.1B).
Long Term Liabilities: 0QYR's short term assets (¥3,947.3B) exceed its long term liabilities (¥1,627.0B).
Debt to Equity History and Analysis
Debt Level: 0QYR's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 0QYR's debt to equity ratio has reduced from 56.2% to 27.3% over the past 5 years.
Debt Coverage: 0QYR's debt is well covered by operating cash flow (74.1%).
Interest Coverage: 0QYR earns more interest than it pays, so coverage of interest payments is not a concern.