Dentsu Group Balance Sheet Health
Financial Health criteria checks 4/6
Dentsu Group has a total shareholder equity of ¥953.9B and total debt of ¥572.8B, which brings its debt-to-equity ratio to 60.1%. Its total assets and total liabilities are ¥3,624.7B and ¥2,670.8B respectively. Dentsu Group's EBIT is ¥120.7B making its interest coverage ratio 10.3. It has cash and short-term investments of ¥298.4B.
Key information
60.1%
Debt to equity ratio
JP¥572.84b
Debt
Interest coverage ratio | 10.3x |
Cash | JP¥298.37b |
Equity | JP¥953.90b |
Total liabilities | JP¥2.67t |
Total assets | JP¥3.62t |
Recent financial health updates
No updates
Recent updates
Is There Now An Opportunity In Dentsu Group Inc. (TSE:4324)?
May 12Dentsu Group (TSE:4324) Has Announced A Dividend Of ¥69.75
Apr 27Investors Still Waiting For A Pull Back In Dentsu Group Inc. (TSE:4324)
Apr 27Dentsu Group (TSE:4324) Has Announced A Dividend Of ¥69.75
Apr 11Is There An Opportunity With Dentsu Group Inc.'s (TSE:4324) 24% Undervaluation?
Apr 05Financial Position Analysis
Short Term Liabilities: 4324's short term assets (¥2,072.8B) exceed its short term liabilities (¥1,819.0B).
Long Term Liabilities: 4324's short term assets (¥2,072.8B) exceed its long term liabilities (¥851.8B).
Debt to Equity History and Analysis
Debt Level: 4324's net debt to equity ratio (28.8%) is considered satisfactory.
Reducing Debt: 4324's debt to equity ratio has increased from 53.3% to 60.1% over the past 5 years.
Debt Coverage: 4324's debt is not well covered by operating cash flow (9%).
Interest Coverage: 4324's interest payments on its debt are well covered by EBIT (10.3x coverage).