DENSO Balance Sheet Health
Financial Health criteria checks 5/6
DENSO has a total shareholder equity of ¥5,746.5B and total debt of ¥850.7B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ¥9,093.4B and ¥3,346.9B respectively. DENSO's EBIT is ¥381.8B making its interest coverage ratio -6.1. It has cash and short-term investments of ¥837.8B.
Key information
14.8%
Debt to equity ratio
JP¥850.72b
Debt
Interest coverage ratio | -6.1x |
Cash | JP¥837.79b |
Equity | JP¥5.75t |
Total liabilities | JP¥3.35t |
Total assets | JP¥9.09t |
Recent financial health updates
Recent updates
Are Investors Undervaluing DENSO Corporation (TSE:6902) By 38%?
Jun 23Some Investors May Be Worried About DENSO's (TSE:6902) Returns On Capital
Jun 10Earnings Tell The Story For DENSO Corporation (TSE:6902)
May 14Earnings Miss: DENSO Corporation Missed EPS By 17% And Analysts Are Revising Their Forecasts
Apr 30These 4 Measures Indicate That DENSO (TSE:6902) Is Using Debt Reasonably Well
Apr 21When Should You Buy DENSO Corporation (TSE:6902)?
Apr 07A Look At The Fair Value Of DENSO Corporation (TSE:6902)
Mar 23Should You Be Adding DENSO (TSE:6902) To Your Watchlist Today?
Mar 12DENSO's (TSE:6902) Returns Have Hit A Wall
Feb 29Financial Position Analysis
Short Term Liabilities: 6902's short term assets (¥3,865.4B) exceed its short term liabilities (¥2,053.6B).
Long Term Liabilities: 6902's short term assets (¥3,865.4B) exceed its long term liabilities (¥1,293.2B).
Debt to Equity History and Analysis
Debt Level: 6902's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: 6902's debt to equity ratio has increased from 14.6% to 14.8% over the past 5 years.
Debt Coverage: 6902's debt is well covered by operating cash flow (113.1%).
Interest Coverage: 6902 earns more interest than it pays, so coverage of interest payments is not a concern.