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
Bridgestone Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Nov 13
Calculating 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.