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T&D Holdings stock: balance sheet and debt

8795.T
$30.90Closing price of 13 Nov 2026MEQIRI Score 68 out of 100

T&D Holdings has total assets of $108.45B and an equity ratio of 9.3%.

Daily figure as of 13 Nov 2026

Debt / Equity
0.21
Interest coverage
no data
Current ratio
20
Cash & equivalents
$12.04B
Total assets
$108.45B
Equity ratio
9.3%
Goodwill and intangible assets
$414.82M
not split out

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of T&D Holdings, Inc. is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2007$88.21B$2.13Bnot split out7.7%
2008$83.67B$2.09Bnot split out5.1%
2009$78.26B$146.8Mnot split out2.4%
2010$80.65B$139.49Mnot split out4.9%
2011$79.78B$136.35Mnot split out4.9%
2012$80.53B$133.17Mnot split out5.3%
2013$85.59B$138.06Mnot split out6.7%
2014$86.44B$133.43Mnot split out7.4%
2015$91.83B$131.93Mnot split out9.2%
2016$91.89B$150.45Mnot split out8.3%
2017$93.25B$145.24Mnot split out7.3%
2018$95.57B$168.21Mnot split out7.5%
2019$98.9B$178.26Mnot split out7.3%
2020$103.45B$192.8Mnot split out6.8%
2021$111.95B$206.47Mnot split out8.4%
2022$111.55B$220.03Mnot split out7.8%
2023$105.04B$215.32Mnot split out5.9%
2024$107.75B$271.63Mnot split out8.2%
2025$104.07B$344.76Mnot split out7.9%
2026$108.45B$414.82Mnot split out9.3%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2007$2.63B$6.81B$11.53M0
2008$1.93B$4.23B$4.83M0
2009$2.49B$1.85B$62.58M0.03
2010$2.37B$3.94B$275.48M0.07
2011$5.16B$3.88B$282.41M0.07
2012$2.25B$4.28B$282.41M0.07
2013$3.02B$5.75B$294.92M0.05
2014$3.71B$6.37B$445.21M0.07
2015$4.83B$8.41B$357.54M0.04
2016$9.71B$7.59B$351.43M0.05
2017$9.05B$6.85B$351.25M0.05
2018$9.16B$7.19B$620.33M0.09
2019$5.16B$7.23B$770.43M0.11
2020$11.47B$6.99B$1.25B0.18
2021$6.39B$9.36B$1.33B0.14
2022$5.58B$8.65B$1.45B0.17
2023$7.14B$6.18B$1.16B0.19
2024$7.12B$8.79B$134.74M0.02
2025$4.88B$8.15B$1.17B0.14
2026$12.04B$10.09B$2.08B0.21

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 13 Nov 2026
Latest annual report
Fiscal year 2026, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ¥159.70)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Neutral, published since 7 Nov 2026 (in the score history since 23 Jan 2026)
  • Valuation signal Fairly valued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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