Bridgestone Balance Sheet Health
Financial Health criteria checks 6/6
Bridgestone has a total shareholder equity of ¥3,527.1B and total debt of ¥389.4B, which brings its debt-to-equity ratio to 11%. Its total assets and total liabilities are ¥5,380.9B and ¥1,853.8B respectively. Bridgestone's EBIT is ¥488.8B making its interest coverage ratio -40.2. It has cash and short-term investments of ¥556.4B.
Key information
11.0%
Debt to equity ratio
JP¥389.44b
Debt
| Interest coverage ratio | -40.2x |
| Cash | JP¥556.36b |
| Equity | JP¥3.53t |
| Total liabilities | JP¥1.85t |
| Total assets | JP¥5.38t |
Recent financial health updates
Recent updates
Take Care Before Diving Into The Deep End On Bridgestone Corporation (TSE:5108)
Dec 21
Bridgestone (TSE:5108) Has Announced A Dividend Of ¥105.00
Dec 05Bridgestone Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Nov 13Calculating The Fair Value Of Bridgestone Corporation (TSE:5108)
Oct 29Return Trends At Bridgestone (TSE:5108) Aren't Appealing
Oct 14Bridgestone (TSE:5108) Will Pay A Dividend Of ¥105.00
Sep 27Bridgestone (TSE:5108) Will Pay A Dividend Of ¥105.00
Sep 13Bridgestone (TSE:5108) Will Pay A Dividend Of ¥105.00
Aug 27Bridgestone (TSE:5108) Will Pay A Dividend Of ¥105.00
Aug 12The Returns At Bridgestone (TSE:5108) Aren't Growing
Jul 13Bridgestone's (TSE:5108) Dividend Will Be Increased To ¥105.00
Jun 21Bridgestone (TSE:5108) Is Increasing Its Dividend To ¥105.00
Jun 07Bridgestone's (TSE:5108) Dividend Will Be Increased To ¥105.00
May 24Bridgestone (TSE:5108) Is Increasing Its Dividend To ¥105.00
Apr 26The Price Is Right For Bridgestone Corporation (TSE:5108)
Apr 25Bridgestone's (TSE:5108) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 11Bridgestone (TSE:5108) Seems To Use Debt Quite Sensibly
Mar 01Financial Position Analysis
Short Term Liabilities: 5108's short term assets (¥2,653.9B) exceed its short term liabilities (¥1,107.6B).
Long Term Liabilities: 5108's short term assets (¥2,653.9B) exceed its long term liabilities (¥746.2B).
Debt to Equity History and Analysis
Debt Level: 5108 has more cash than its total debt.
Reducing Debt: 5108's debt to equity ratio has reduced from 25.2% to 11% over the past 5 years.
Debt Coverage: 5108's debt is well covered by operating cash flow (143.1%).
Interest Coverage: 5108 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 14:24 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bridgestone Corporation is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kei Nihonyanagi | Barclays |
| Koichi Sugimoto | BNP Paribas Securities (Asia) |
| Kei Nihonyanagi | BofA Global Research |