Renesas Electronics Balance Sheet Health
Financial Health criteria checks 4/6
Renesas Electronics has a total shareholder equity of ¥2,147.1B and total debt of ¥1,492.2B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are ¥4,138.9B and ¥1,991.8B respectively. Renesas Electronics's EBIT is ¥293.0B making its interest coverage ratio -7.3. It has cash and short-term investments of ¥242.4B.
Key information
69.5%
Debt to equity ratio
JP¥1.49t
Debt
| Interest coverage ratio | -7.3x |
| Cash | JP¥242.38b |
| Equity | JP¥2.15t |
| Total liabilities | JP¥1.99t |
| Total assets | JP¥4.14t |
Recent financial health updates
Renesas Electronics (TSE:6723) Has A Pretty Healthy Balance Sheet
Aug 16
Is Renesas Electronics (TSE:6723) Using Too Much Debt?
Apr 10Recent updates
Renesas Electronics' (TSE:6723) Dividend Will Be ¥28.00
Dec 16Renesas Electronics (TSE:6723) Is Paying Out A Dividend Of ¥28.00
Dec 02Subdued Growth No Barrier To Renesas Electronics Corporation's (TSE:6723) Price
Nov 30Renesas Electronics (TSE:6723) Has Affirmed Its Dividend Of ¥28.00
Nov 17Renesas Electronics' (TSE:6723) Dividend Will Be ¥28.00
Nov 03Renesas Electronics (TSE:6723) Is Looking To Continue Growing Its Returns On Capital
Oct 28Is There An Opportunity With Renesas Electronics Corporation's (TSE:6723) 49% Undervaluation?
Oct 13At JP¥2,106, Is It Time To Put Renesas Electronics Corporation (TSE:6723) On Your Watch List?
Sep 15Renesas Electronics (TSE:6723) Has A Pretty Healthy Balance Sheet
Aug 16Slammed 31% Renesas Electronics Corporation (TSE:6723) Screens Well Here But There Might Be A Catch
Aug 03Renesas Electronics Corporation Just Missed EPS By 8.9%: Here's What Analysts Think Will Happen Next
Jul 28Renesas Electronics (TSE:6723) Might Have The Makings Of A Multi-Bagger
Jul 25Renesas Electronics Corporation (TSE:6723) Shares Could Be 20% Below Their Intrinsic Value Estimate
Jun 09Should You Investigate Renesas Electronics Corporation (TSE:6723) At JP¥2,896?
May 26With Renesas Electronics Corporation (TSE:6723) It Looks Like You'll Get What You Pay For
May 11Earnings Beat: Renesas Electronics Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 28Investors Will Want Renesas Electronics' (TSE:6723) Growth In ROCE To Persist
Apr 24Is Renesas Electronics (TSE:6723) Using Too Much Debt?
Apr 10Financial Position Analysis
Short Term Liabilities: 6723's short term assets (¥636.8B) exceed its short term liabilities (¥592.0B).
Long Term Liabilities: 6723's short term assets (¥636.8B) do not cover its long term liabilities (¥1,399.8B).
Debt to Equity History and Analysis
Debt Level: 6723's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: 6723's debt to equity ratio has reduced from 136.7% to 69.5% over the past 5 years.
Debt Coverage: 6723's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 6723 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 09:47 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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
Renesas Electronics Corporation is covered by 26 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| George Chang | Aletheia Analyst Network Limited |
| Scott Foster | BNP Paribas Securities (Asia) |
| Mikio Hirakawa | BofA Global Research |