Panasonic Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Panasonic Holdings has a total shareholder equity of ¥4,721.9B and total debt of ¥1,346.1B, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are ¥9,411.2B and ¥4,689.3B respectively. Panasonic Holdings's EBIT is ¥371.2B making its interest coverage ratio -15.2. It has cash and short-term investments of ¥1,347.1B.
Key information
28.5%
Debt to equity ratio
JP¥1.35t
Debt
| Interest coverage ratio | -15.2x |
| Cash | JP¥1.35t |
| Equity | JP¥4.72t |
| Total liabilities | JP¥4.69t |
| Total assets | JP¥9.41t |
Recent financial health updates
Recent updates
Panasonic Holdings (TSE:6752) Seems To Use Debt Quite Sensibly
Jun 25
Panasonic Holdings Corporation's (TSE:6752) Shares Lagging The Market But So Is The Business
Jun 08Panasonic Holdings' (TSE:6752) Promising Earnings May Rest On Soft Foundations
May 21Here's What Analysts Are Forecasting For Panasonic Holdings Corporation (TSE:6752) After Its Full-Year Results
May 12Is Panasonic Holdings Corporation (TSE:6752) Trading At A 47% Discount?
Apr 13Panasonic Holdings (TSE:6752) Is Due To Pay A Dividend Of ¥17.50
Mar 17Panasonic Holdings (TSE:6752) Has Announced A Dividend Of ¥17.50
Mar 03Benign Growth For Panasonic Holdings Corporation (TSE:6752) Underpins Its Share Price
Mar 01Financial Position Analysis
Short Term Liabilities: 6752's short term assets (¥4,152.8B) exceed its short term liabilities (¥3,121.7B).
Long Term Liabilities: 6752's short term assets (¥4,152.8B) exceed its long term liabilities (¥1,567.6B).
Debt to Equity History and Analysis
Debt Level: 6752 has more cash than its total debt.
Reducing Debt: 6752's debt to equity ratio has reduced from 47.2% to 28.5% over the past 5 years.
Debt Coverage: 6752's debt is well covered by operating cash flow (64.4%).
Interest Coverage: 6752 earns more interest than it pays, so coverage of interest payments is not a concern.