Panasonic Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Panasonic Holdings has a total shareholder equity of ¥3,790.0B and total debt of ¥1,209.3B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are ¥8,059.5B and ¥4,269.6B respectively. Panasonic Holdings's EBIT is ¥287.1B making its interest coverage ratio -10.3. It has cash and short-term investments of ¥989.2B.
Key information
31.9%
Debt to equity ratio
JP¥1.21t
Debt
Interest coverage ratio | -10.3x |
Cash | JP¥989.16b |
Equity | JP¥3.79t |
Total liabilities | JP¥4.27t |
Total assets | JP¥8.06t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PANAS N's short term assets (¥3,802.9B) exceed its short term liabilities (¥2,873.4B).
Long Term Liabilities: PANAS N's short term assets (¥3,802.9B) exceed its long term liabilities (¥1,396.1B).
Debt to Equity History and Analysis
Debt Level: PANAS N's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: PANAS N's debt to equity ratio has reduced from 64.7% to 31.9% over the past 5 years.
Debt Coverage: PANAS N's debt is well covered by operating cash flow (43.1%).
Interest Coverage: PANAS N earns more interest than it pays, so coverage of interest payments is not a concern.