TDK Corporation

TSE:6762 Stock Report

Market Cap: JP¥3.8t

TDK Balance Sheet Health

Financial Health criteria checks 6/6

TDK has a total shareholder equity of ¥1,731.1B and total debt of ¥607.4B, which brings its debt-to-equity ratio to 35.1%. Its total assets and total liabilities are ¥3,512.8B and ¥1,781.8B respectively. TDK's EBIT is ¥219.6B making its interest coverage ratio -13.4. It has cash and short-term investments of ¥696.7B.

Key information

35.1%

Debt to equity ratio

JP¥607.44b

Debt

Interest coverage ratio-13.4x
CashJP¥696.71b
EquityJP¥1.73t
Total liabilitiesJP¥1.78t
Total assetsJP¥3.51t

Recent financial health updates

We Think TDK (TSE:6762) Can Stay On Top Of Its Debt

Sep 07
We Think TDK (TSE:6762) Can Stay On Top Of Its Debt

We Think TDK (TSE:6762) Is Taking Some Risk With Its Debt

Mar 11
We Think TDK (TSE:6762) Is Taking Some Risk With Its Debt

Recent updates

Estimating The Fair Value Of TDK Corporation (TSE:6762)

Dec 18
Estimating The Fair Value Of TDK Corporation (TSE:6762)

Slowing Rates Of Return At TDK (TSE:6762) Leave Little Room For Excitement

Oct 11
Slowing Rates Of Return At TDK (TSE:6762) Leave Little Room For Excitement

TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00

Sep 11
TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00

We Think TDK (TSE:6762) Can Stay On Top Of Its Debt

Sep 07
We Think TDK (TSE:6762) Can Stay On Top Of Its Debt

TDK's (TSE:6762) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 23
TDK's (TSE:6762) Shareholders Will Receive A Bigger Dividend Than Last Year

TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00

Aug 09
TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00

TDK Corporation (TSE:6762) May Have Run Too Fast Too Soon With Recent 27% Price Plummet

Aug 05
TDK Corporation (TSE:6762) May Have Run Too Fast Too Soon With Recent 27% Price Plummet

TDK Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 01
TDK Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00

Jul 26
TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00

Here's Why TDK (TSE:6762) Has Caught The Eye Of Investors

Jul 11
Here's Why TDK (TSE:6762) Has Caught The Eye Of Investors

TDK's (TSE:6762) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 11
TDK's (TSE:6762) Shareholders Will Receive A Bigger Dividend Than Last Year

TDK Corporation (TSE:6762) Looks Just Right With A 27% Price Jump

Jun 12
TDK Corporation (TSE:6762) Looks Just Right With A 27% Price Jump

Why TDK Corporation (TSE:6762) Could Be Worth Watching

May 25
Why TDK Corporation (TSE:6762) Could Be Worth Watching

Returns On Capital At TDK (TSE:6762) Paint A Concerning Picture

Apr 23
Returns On Capital At TDK (TSE:6762) Paint A Concerning Picture

Investors Appear Satisfied With TDK Corporation's (TSE:6762) Prospects

Apr 09
Investors Appear Satisfied With TDK Corporation's (TSE:6762) Prospects

TDK (TSE:6762) Has Announced A Dividend Of ¥58.00

Mar 27
TDK (TSE:6762) Has Announced A Dividend Of ¥58.00

We Think TDK (TSE:6762) Is Taking Some Risk With Its Debt

Mar 11
We Think TDK (TSE:6762) Is Taking Some Risk With Its Debt

TDK (TSE:6762) Will Pay A Dividend Of ¥58.00

Feb 27
TDK (TSE:6762) Will Pay A Dividend Of ¥58.00

Financial Position Analysis

Short Term Liabilities: 6762's short term assets (¥1,843.7B) exceed its short term liabilities (¥1,149.0B).

Long Term Liabilities: 6762's short term assets (¥1,843.7B) exceed its long term liabilities (¥632.7B).

Debt to Equity History and Analysis

Debt Level: 6762 has more cash than its total debt.

Reducing Debt: 6762's debt to equity ratio has reduced from 53.2% to 35.1% over the past 5 years.

Debt Coverage: 6762's debt is well covered by operating cash flow (73.8%).

Interest Coverage: 6762 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

DataLast Updated (UTC time)
Company Analysis2024/12/23 15:32
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

TDK Corporation is covered by 31 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
George ChangAletheia Analyst Network Limited
Masaru KoshitaBarclays
Masahiro WakasugiBNP Paribas Securities (Asia)