DENSO Balance Sheet Health
Financial Health criteria checks 5/6
DENSO has a total shareholder equity of ¥5,231.4B and total debt of ¥704.9B, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are ¥8,134.3B and ¥2,903.0B respectively. DENSO's EBIT is ¥421.2B making its interest coverage ratio -6.6. It has cash and short-term investments of ¥1,106.4B.
Key information
13.5%
Debt to equity ratio
JP¥704.92b
Debt
| Interest coverage ratio | -6.6x |
| Cash | JP¥1.11t |
| Equity | JP¥5.23t |
| Total liabilities | JP¥2.90t |
| Total assets | JP¥8.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DNZO.Y's short term assets (¥3,850.5B) exceed its short term liabilities (¥1,897.3B).
Long Term Liabilities: DNZO.Y's short term assets (¥3,850.5B) exceed its long term liabilities (¥1,005.6B).
Debt to Equity History and Analysis
Debt Level: DNZO.Y has more cash than its total debt.
Reducing Debt: DNZO.Y's debt to equity ratio has increased from 12.2% to 13.5% over the past 5 years.
Debt Coverage: DNZO.Y's debt is well covered by operating cash flow (121.1%).
Interest Coverage: DNZO.Y earns more interest than it pays, so coverage of interest payments is not a concern.