Kyocera Balance Sheet Health
Financial Health criteria checks 5/6
Kyocera has a total shareholder equity of ¥3,252.9B and total debt of ¥209.2B, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are ¥4,465.4B and ¥1,212.5B respectively. Kyocera's EBIT is ¥92.9B making its interest coverage ratio -2.2. It has cash and short-term investments of ¥460.3B.
Key information
6.4%
Debt to equity ratio
JP¥209.15b
Debt
Interest coverage ratio | -2.2x |
Cash | JP¥460.33b |
Equity | JP¥3.25t |
Total liabilities | JP¥1.21t |
Total assets | JP¥4.47t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KYOC.Y's short term assets (¥1,439.4B) exceed its short term liabilities (¥470.2B).
Long Term Liabilities: KYOC.Y's short term assets (¥1,439.4B) exceed its long term liabilities (¥742.3B).
Debt to Equity History and Analysis
Debt Level: KYOC.Y has more cash than its total debt.
Reducing Debt: KYOC.Y's debt to equity ratio has increased from 0.4% to 6.4% over the past 5 years.
Debt Coverage: KYOC.Y's debt is well covered by operating cash flow (128.6%).
Interest Coverage: KYOC.Y earns more interest than it pays, so coverage of interest payments is not a concern.