Kyocera Balance Sheet Health
Financial Health criteria checks 5/6
Kyocera has a total shareholder equity of ¥3,262.3B and total debt of ¥211.7B, which brings its debt-to-equity ratio to 6.5%. Its total assets and total liabilities are ¥4,450.1B and ¥1,187.8B respectively. Kyocera's EBIT is ¥88.2B making its interest coverage ratio -1.5. It has cash and short-term investments of ¥454.8B.
Key information
6.5%
Debt to equity ratio
JP¥211.73b
Debt
| Interest coverage ratio | -1.5x |
| Cash | JP¥454.76b |
| Equity | JP¥3.26t |
| Total liabilities | JP¥1.19t |
| Total assets | JP¥4.45t |
Recent financial health updates
No updates
Recent updates
Results: Kyocera Corporation Exceeded Expectations And The Consensus Has Updated Its Estimates
Aug 03
Kyocera (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 (¥1,450.8B) exceed its short term liabilities (¥463.0B).
Long Term Liabilities: 6971's short term assets (¥1,450.8B) exceed its long term liabilities (¥724.8B).
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% to 6.5% over the past 5 years.
Debt Coverage: 6971's debt is well covered by operating cash flow (119.9%).
Interest Coverage: 6971 earns more interest than it pays, so coverage of interest payments is not a concern.