TDK Balance Sheet Health
Financial Health criteria checks 6/6
TDK has a total shareholder equity of ¥1,714.9B and total debt of ¥613.2B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are ¥3,415.3B and ¥1,700.4B respectively. TDK's EBIT is ¥164.9B making its interest coverage ratio -14.4. It has cash and short-term investments of ¥697.1B.
Key information
35.8%
Debt to equity ratio
JP¥613.17b
Debt
Interest coverage ratio | -14.4x |
Cash | JP¥697.05b |
Equity | JP¥1.71t |
Total liabilities | JP¥1.70t |
Total assets | JP¥3.42t |
Recent financial health updates
Recent updates
TDK 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 (¥1,728.0B) exceed its short term liabilities (¥1,016.9B).
Long Term Liabilities: 6762's short term assets (¥1,728.0B) exceed its long term liabilities (¥683.5B).
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 58.9% to 35.8% over the past 5 years.
Debt Coverage: 6762's debt is well covered by operating cash flow (72.9%).
Interest Coverage: 6762 earns more interest than it pays, so coverage of interest payments is not a concern.