Kyocera Balance Sheet Health
Financial Health criteria checks 5/6
Kyocera has a total shareholder equity of ¥3,233.8B and total debt of ¥210.4B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ¥4,408.4B and ¥1,174.7B respectively. Kyocera's EBIT is ¥76.8B making its interest coverage ratio -1.7. It has cash and short-term investments of ¥429.3B.
Key information
6.5%
Debt to equity ratio
JP¥210.36b
Debt
| Interest coverage ratio | -1.7x |
| Cash | JP¥429.26b |
| Equity | JP¥3.23t |
| Total liabilities | JP¥1.17t |
| Total assets | JP¥4.41t |
Recent financial health updates
Recent updates
Kyocera Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Nov 02
Kyocera's (TSE:6971) Returns On Capital Not Reflecting Well On The Business
Nov 01Kyocera (TSE:6971) Has A Pretty Healthy Balance Sheet
Oct 14The Price Is Right For Kyocera Corporation (TSE:6971)
Sep 12Results: Kyocera Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 03Kyocera (TSE:6971) Is Reinvesting At Lower Rates Of Return
Jun 12Investors Interested In Kyocera Corporation's (TSE:6971) Earnings
May 21A Look At The Intrinsic Value Of Kyocera Corporation (TSE:6971)
Apr 07Kyocera (TSE:6971) Is Looking To Continue Growing Its Returns On Capital
Mar 13Financial Position Analysis
Short Term Liabilities: 6971's short term assets (¥1,362.9B) exceed its short term liabilities (¥425.6B).
Long Term Liabilities: 6971's short term assets (¥1,362.9B) exceed its long term liabilities (¥749.0B).
Debt to Equity History and Analysis
Debt Level: 6971 has more cash than its total debt.
Reducing Debt: 6971's debt to equity ratio has increased from 0.5% to 6.5% over the past 5 years.
Debt Coverage: 6971's debt is well covered by operating cash flow (134.9%).
Interest Coverage: 6971 earns more interest than it pays, so coverage of interest payments is not a concern.