Dentsu Group Balance Sheet Health
Financial Health criteria checks 4/6
Dentsu Group has a total shareholder equity of ¥977.6B and total debt of ¥558.6B, which brings its debt-to-equity ratio to 57.1%. Its total assets and total liabilities are ¥3,745.4B and ¥2,767.8B respectively. Dentsu Group's EBIT is ¥130.1B making its interest coverage ratio 5. It has cash and short-term investments of ¥299.5B.
Key information
57.1%
Debt to equity ratio
JP¥558.61b
Debt
| Interest coverage ratio | 5x |
| Cash | JP¥299.53b |
| Equity | JP¥977.61b |
| Total liabilities | JP¥2.77t |
| Total assets | JP¥3.75t |
Recent financial health updates
Recent updates
Does Dentsu Group (TSE:4324) Have A Healthy Balance Sheet?
Sep 21
Investors Appear Satisfied With Dentsu Group Inc.'s (TSE:4324) Prospects
Sep 04Dentsu Group (TSE:4324) Has Announced A Dividend Of ¥69.75
Aug 19Is Dentsu Group Inc. (TSE:4324) Trading At A 45% Discount?
Jul 12Dentsu Group's (TSE:4324) Dividend Will Be ¥69.75
Jun 18Dentsu Group's (TSE:4324) Returns On Capital Are Heading Higher
Jun 05Is 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 (¥2,140.6B) exceed its short term liabilities (¥1,854.8B).
Long Term Liabilities: 4324's short term assets (¥2,140.6B) exceed its long term liabilities (¥913.0B).
Debt to Equity History and Analysis
Debt Level: 4324's net debt to equity ratio (26.5%) is considered satisfactory.
Reducing Debt: 4324's debt to equity ratio has increased from 50.3% to 57.1% over the past 5 years.
Debt Coverage: 4324's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 4324's interest payments on its debt are well covered by EBIT (5x coverage).