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
Canon Inc. (TSE:7751) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates
Oct 26
Canon (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.