DENSO Corporation

TSE:6902 Stock Report

Market Cap: JP¥5.9t

DENSO Balance Sheet Health

Financial Health criteria checks 5/6

DENSO has a total shareholder equity of ¥5,231.4B and total debt of ¥704.9B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ¥8,134.3B and ¥2,903.0B respectively. DENSO's EBIT is ¥421.2B making its interest coverage ratio -6.6. It has cash and short-term investments of ¥1,106.4B.

Key information

13.5%

Debt to equity ratio

JP¥704.92b

Debt

Interest coverage ratio-6.6x
CashJP¥1.11t
EquityJP¥5.23t
Total liabilitiesJP¥2.90t
Total assetsJP¥8.13t

Recent financial health updates

Is DENSO (TSE:6902) Using Too Much Debt?

Nov 21
Is DENSO (TSE:6902) Using Too Much Debt?

DENSO (TSE:6902) Seems To Use Debt Quite Sensibly

Aug 21
DENSO (TSE:6902) Seems To Use Debt Quite Sensibly

These 4 Measures Indicate That DENSO (TSE:6902) Is Using Debt Reasonably Well

Apr 21
These 4 Measures Indicate That DENSO (TSE:6902) Is Using Debt Reasonably Well

Recent updates

DENSO's (TSE:6902) Dividend Will Be ¥32.00

Dec 11
DENSO's (TSE:6902) Dividend Will Be ¥32.00

DENSO (TSE:6902) Is Due To Pay A Dividend Of ¥32.00

Nov 27
DENSO (TSE:6902) Is Due To Pay A Dividend Of ¥32.00

Is DENSO (TSE:6902) Using Too Much Debt?

Nov 21
Is DENSO (TSE:6902) Using Too Much Debt?

DENSO Corporation (TSE:6902) Half-Yearly Results: Here's What Analysts Are Forecasting For This Year

Nov 02
DENSO Corporation (TSE:6902) Half-Yearly Results: Here's What Analysts Are Forecasting For This Year

Why DENSO Corporation (TSE:6902) Could Be Worth Watching

Oct 09
Why DENSO Corporation (TSE:6902) Could Be Worth Watching

DENSO's (TSE:6902) Returns Have Hit A Wall

Sep 20
DENSO's (TSE:6902) Returns Have Hit A Wall

DENSO (TSE:6902) Seems To Use Debt Quite Sensibly

Aug 21
DENSO (TSE:6902) Seems To Use Debt Quite Sensibly

With A 26% Price Drop For DENSO Corporation (TSE:6902) You'll Still Get What You Pay For

Aug 06
With A 26% Price Drop For DENSO Corporation (TSE:6902) You'll Still Get What You Pay For

DENSO Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Aug 02
DENSO Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Are Investors Undervaluing DENSO Corporation (TSE:6902) By 38%?

Jun 23
Are Investors Undervaluing DENSO Corporation (TSE:6902) By 38%?

Some Investors May Be Worried About DENSO's (TSE:6902) Returns On Capital

Jun 10
Some Investors May Be Worried About DENSO's (TSE:6902) Returns On Capital

Earnings Tell The Story For DENSO Corporation (TSE:6902)

May 14
Earnings Tell The Story For DENSO Corporation (TSE:6902)

Earnings Miss: DENSO Corporation Missed EPS By 17% And Analysts Are Revising Their Forecasts

Apr 30
Earnings Miss: DENSO Corporation Missed EPS By 17% And Analysts Are Revising Their Forecasts

These 4 Measures Indicate That DENSO (TSE:6902) Is Using Debt Reasonably Well

Apr 21
These 4 Measures Indicate That DENSO (TSE:6902) Is Using Debt Reasonably Well

When Should You Buy DENSO Corporation (TSE:6902)?

Apr 07
When Should You Buy DENSO Corporation (TSE:6902)?

A Look At The Fair Value Of DENSO Corporation (TSE:6902)

Mar 23
A Look At The Fair Value Of DENSO Corporation (TSE:6902)

Should You Be Adding DENSO (TSE:6902) To Your Watchlist Today?

Mar 12
Should You Be Adding DENSO (TSE:6902) To Your Watchlist Today?

DENSO's (TSE:6902) Returns Have Hit A Wall

Feb 29
DENSO's (TSE:6902) Returns Have Hit A Wall

Financial Position Analysis

Short Term Liabilities: 6902's short term assets (¥3,850.5B) exceed its short term liabilities (¥1,897.3B).

Long Term Liabilities: 6902's short term assets (¥3,850.5B) exceed its long term liabilities (¥1,005.6B).

Debt to Equity History and Analysis

Debt Level: 6902 has more cash than its total debt.

Reducing Debt: 6902's debt to equity ratio has increased from 12.2% to 13.5% over the past 5 years.

Debt Coverage: 6902's debt is well covered by operating cash flow (121.1%).

Interest Coverage: 6902 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

DataLast Updated (UTC time)
Company Analysis2024/12/21 11:25
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

DENSO Corporation is covered by 38 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kei NihonyanagiBarclays
Clive WigginsBNP Paribas Securities (Asia)
Shiro SakamakiBofA Global Research