Bridgestone Balance Sheet Health
Financial Health criteria checks 6/6
Bridgestone has a total shareholder equity of ¥3,405.4B and total debt of ¥497.9B, which brings its debt-to-equity ratio to 14.6%. Its total assets and total liabilities are ¥5,427.8B and ¥2,022.4B respectively. Bridgestone's EBIT is ¥487.4B making its interest coverage ratio -48.9. It has cash and short-term investments of ¥735.4B.
Key information
14.6%
Debt to equity ratio
JP¥497.86b
Debt
Interest coverage ratio | -48.9x |
Cash | JP¥735.39b |
Equity | JP¥3.41t |
Total liabilities | JP¥2.02t |
Total assets | JP¥5.43t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5108 N's short term assets (¥2,697.4B) exceed its short term liabilities (¥1,263.8B).
Long Term Liabilities: 5108 N's short term assets (¥2,697.4B) exceed its long term liabilities (¥758.7B).
Debt to Equity History and Analysis
Debt Level: 5108 N has more cash than its total debt.
Reducing Debt: 5108 N's debt to equity ratio has reduced from 15.6% to 14.6% over the past 5 years.
Debt Coverage: 5108 N's debt is well covered by operating cash flow (132.9%).
Interest Coverage: 5108 N earns more interest than it pays, so coverage of interest payments is not a concern.