JTEKT Balance Sheet Health
Financial Health criteria checks 6/6
JTEKT has a total shareholder equity of ¥816.1B and total debt of ¥232.0B, which brings its debt-to-equity ratio to 28.4%. Its total assets and total liabilities are ¥1,556.8B and ¥740.7B respectively. JTEKT's EBIT is ¥66.4B making its interest coverage ratio 4.9. It has cash and short-term investments of ¥130.9B.
Key information
28.4%
Debt to equity ratio
JP¥232.01b
Debt
| Interest coverage ratio | 4.9x |
| Cash | JP¥130.94b |
| Equity | JP¥816.11b |
| Total liabilities | JP¥740.73b |
| Total assets | JP¥1.56t |
Recent financial health updates
Does JTEKT (TSE:6473) Have A Healthy Balance Sheet?
Sep 13
Is JTEKT (TSE:6473) A Risky Investment?
May 21Recent updates
JTEKT (TSE:6473) Will Pay A Dividend Of ¥25.00
Jan 03JTEKT (TSE:6473) Is Due To Pay A Dividend Of ¥25.00
Nov 27JTEKT Corporation's (TSE:6473) Popularity With Investors Is Clear
Nov 25JTEKT Corporation Just Missed Revenue By 7.0%: Here's What Analysts Think Will Happen Next
Nov 03Capital Allocation Trends At JTEKT (TSE:6473) Aren't Ideal
Oct 14Does JTEKT (TSE:6473) Have A Healthy Balance Sheet?
Sep 13Potential Upside For JTEKT Corporation (TSE:6473) Not Without Risk
Jul 22JTEKT's (TSE:6473) Solid Earnings Are Supported By Other Strong Factors
Jul 03Is JTEKT (TSE:6473) A Risky Investment?
May 21Insufficient Growth At JTEKT Corporation (TSE:6473) Hampers Share Price
Apr 11Estimating The Intrinsic Value Of JTEKT Corporation (TSE:6473)
Mar 21JTEKT (TSE:6473) Is Increasing Its Dividend To ¥20.00
Mar 03Financial Position Analysis
Short Term Liabilities: 6473's short term assets (¥751.9B) exceed its short term liabilities (¥435.0B).
Long Term Liabilities: 6473's short term assets (¥751.9B) exceed its long term liabilities (¥305.8B).
Debt to Equity History and Analysis
Debt Level: 6473's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 6473's debt to equity ratio has reduced from 50.5% to 28.4% over the past 5 years.
Debt Coverage: 6473's debt is well covered by operating cash flow (32.1%).
Interest Coverage: 6473's interest payments on its debt are well covered by EBIT (4.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 18:11 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
JTEKT Corporation is covered by 13 analysts. 5 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 |
|---|---|
| Hideyuki Mizuno | BofA Global Research |
| Morten Paulsen | CLSA |
| Shinji Kuroda | Credit Suisse |