Canon Balance Sheet Health
Financial Health criteria checks 5/6
Canon has a total shareholder equity of ¥3,509.1B and total debt of ¥735.0B, which brings its debt-to-equity ratio to 20.9%. Its total assets and total liabilities are ¥5,735.6B and ¥2,226.5B respectively. Canon's EBIT is ¥423.7B making its interest coverage ratio -33.6. It has cash and short-term investments of ¥555.6B.
Key information
20.9%
Debt to equity ratio
JP¥735.04b
Debt
| Interest coverage ratio | -33.6x |
| Cash | JP¥555.58b |
| Equity | JP¥3.51t |
| Total liabilities | JP¥2.23t |
| Total assets | JP¥5.74t |
Recent financial health updates
Recent updates
The Return Trends At Canon (TSE:7751) Look Promising
Dec 11
Canon Inc. (TSE:7751) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Oct 26Canon (TSE:7751) Has Announced A Dividend Of ¥75.00
Oct 24Canon (TSE:7751) Is Due To Pay A Dividend Of ¥75.00
Oct 09Canon (TSE:7751) Will Pay A Dividend Of ¥75.00
Sep 25Is Canon Inc. (TSE:7751) Trading At A 21% Discount?
Sep 19Canon Inc.'s (TSE:7751) Shares Climb 29% But Its Business Is Yet to Catch Up
Sep 04Canon (TSE:7751) Has Announced A Dividend Of ¥75.00
Aug 12Canon (TSE:7751) Will Pay A Dividend Of ¥75.00
Jul 29Canon Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Jul 28We Think Canon (TSE:7751) Can Stay On Top Of Its Debt
Jul 11Canon's (TSE:7751) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 24Canon's (TSE:7751) Upcoming Dividend Will Be Larger Than Last Year's
Jun 09Canon's (TSE:7751) Upcoming Dividend Will Be Larger Than Last Year's
May 12Canon's (TSE:7751) Upcoming Dividend Will Be Larger Than Last Year's
Apr 28Canon Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Apr 27Canon (TSE:7751) Has Announced That It Will Be Increasing Its Dividend To ¥75.00
Apr 11Canon Inc.'s (TSE:7751) Share Price Could Signal Some Risk
Mar 19Investors Met With Slowing Returns on Capital At Canon (TSE:7751)
Mar 01Financial Position Analysis
Short Term Liabilities: 7751's short term assets (¥2,451.8B) exceed its short term liabilities (¥1,762.6B).
Long Term Liabilities: 7751's short term assets (¥2,451.8B) exceed its long term liabilities (¥463.9B).
Debt to Equity History and Analysis
Debt Level: 7751's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 7751's debt to equity ratio has increased from 19% to 20.9% over the past 5 years.
Debt Coverage: 7751's debt is well covered by operating cash flow (74.1%).
Interest Coverage: 7751 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 03:43 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Canon Inc. is covered by 39 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masahiro Nakanomyo | Barclays |
| Kunihiko Kanno | BNP Paribas Securities (Asia) |
| Takashi Iwai | BofA Global Research |