Sumitomo Metal Mining Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Metal Mining has a total shareholder equity of ¥2,169.1B and total debt of ¥583.3B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are ¥3,260.2B and ¥1,091.2B respectively. Sumitomo Metal Mining's EBIT is ¥107.8B making its interest coverage ratio -15.6. It has cash and short-term investments of ¥170.0B.
Key information
26.9%
Debt to equity ratio
JP¥583.27b
Debt
| Interest coverage ratio | -15.6x |
| Cash | JP¥170.00b |
| Equity | JP¥2.17t |
| Total liabilities | JP¥1.09t |
| Total assets | JP¥3.26t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S190's short term assets (¥966.4B) exceed its short term liabilities (¥521.2B).
Long Term Liabilities: S190's short term assets (¥966.4B) exceed its long term liabilities (¥570.0B).
Debt to Equity History and Analysis
Debt Level: S190's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: S190's debt to equity ratio has reduced from 35.2% to 26.9% over the past 5 years.
Debt Coverage: S190's debt is well covered by operating cash flow (33.2%).
Interest Coverage: S190 earns more interest than it pays, so coverage of interest payments is not a concern.