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 |
| Cash | JP¥696.71b |
| Equity | JP¥1.73t |
| Total liabilities | JP¥1.78t |
| Total assets | JP¥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) Is Taking Some Risk With Its Debt
Mar 11Recent updates
Slowing Rates Of Return At TDK (TSE:6762) Leave Little Room For Excitement
Oct 11TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00
Sep 11We Think TDK (TSE:6762) Can Stay On Top Of Its Debt
Sep 07TDK's (TSE:6762) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 23TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00
Aug 09TDK Corporation (TSE:6762) May Have Run Too Fast Too Soon With Recent 27% Price Plummet
Aug 05TDK Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 01TDK (TSE:6762) Is Increasing Its Dividend To ¥60.00
Jul 26Here's Why TDK (TSE:6762) Has Caught The Eye Of Investors
Jul 11TDK's (TSE:6762) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 11TDK Corporation (TSE:6762) Looks Just Right With A 27% Price Jump
Jun 12Why TDK Corporation (TSE:6762) Could Be Worth Watching
May 25Returns On Capital At TDK (TSE:6762) Paint A Concerning Picture
Apr 23Investors Appear Satisfied With TDK Corporation's (TSE:6762) Prospects
Apr 09TDK (TSE:6762) Has Announced A Dividend Of ¥58.00
Mar 27We Think TDK (TSE:6762) Is Taking Some Risk With Its Debt
Mar 11TDK (TSE:6762) Will Pay A Dividend Of ¥58.00
Feb 27Financial 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.