Taiyo Yuden Balance Sheet Health
Financial Health criteria checks 5/6
Taiyo Yuden has a total shareholder equity of ¥318.1B and total debt of ¥148.9B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are ¥556.7B and ¥238.6B respectively. Taiyo Yuden's EBIT is ¥2.8B making its interest coverage ratio -5.7. It has cash and short-term investments of ¥97.7B.
Key information
46.8%
Debt to equity ratio
JP¥148.89b
Debt
Interest coverage ratio | -5.7x |
Cash | JP¥97.75b |
Equity | JP¥318.12b |
Total liabilities | JP¥238.57b |
Total assets | JP¥556.69b |
Recent financial health updates
No updates
Recent updates
An Intrinsic Calculation For Taiyo Yuden Co., Ltd. (TSE:6976) Suggests It's 22% Undervalued
May 05Is It Time To Consider Buying Taiyo Yuden Co., Ltd. (TSE:6976)?
Apr 19There Are Reasons To Feel Uneasy About Taiyo Yuden's (TSE:6976) Returns On Capital
Mar 19Taiyo Yuden (TSE:6976) Has Announced A Dividend Of ¥45.00
Mar 04Financial Position Analysis
Short Term Liabilities: 6976's short term assets (¥288.1B) exceed its short term liabilities (¥78.2B).
Long Term Liabilities: 6976's short term assets (¥288.1B) exceed its long term liabilities (¥160.4B).
Debt to Equity History and Analysis
Debt Level: 6976's net debt to equity ratio (16.1%) is considered satisfactory.
Reducing Debt: 6976's debt to equity ratio has increased from 26.8% to 46.8% over the past 5 years.
Debt Coverage: 6976's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 6976 earns more interest than it pays, so coverage of interest payments is not a concern.