Sojitz Balance Sheet Health
Financial Health criteria checks 4/6
Sojitz has a total shareholder equity of ¥927.8B and total debt of ¥930.4B, which brings its debt-to-equity ratio to 100.3%. Its total assets and total liabilities are ¥2,792.6B and ¥1,864.8B respectively. Sojitz's EBIT is ¥106.1B making its interest coverage ratio 45.4. It has cash and short-term investments of ¥242.1B.
Key information
100.3%
Debt to equity ratio
JP¥930.35b
Debt
Interest coverage ratio | 45.4x |
Cash | JP¥242.07b |
Equity | JP¥927.84b |
Total liabilities | JP¥1.86t |
Total assets | JP¥2.79t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XEB's short term assets (¥1,439.6B) exceed its short term liabilities (¥909.9B).
Long Term Liabilities: XEB's short term assets (¥1,439.6B) exceed its long term liabilities (¥954.9B).
Debt to Equity History and Analysis
Debt Level: XEB's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: XEB's debt to equity ratio has reduced from 147.7% to 100.3% over the past 5 years.
Debt Coverage: XEB's debt is not well covered by operating cash flow (14%).
Interest Coverage: XEB's interest payments on its debt are well covered by EBIT (45.4x coverage).