Sumitomo Osaka Cement Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Osaka Cement has a total shareholder equity of ¥190.3B and total debt of ¥86.3B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are ¥358.3B and ¥168.0B respectively. Sumitomo Osaka Cement's EBIT is ¥7.7B making its interest coverage ratio -13.7. It has cash and short-term investments of ¥15.8B.
Key information
45.4%
Debt to equity ratio
JP¥86.32b
Debt
| Interest coverage ratio | -13.7x |
| Cash | JP¥15.80b |
| Equity | JP¥190.32b |
| Total liabilities | JP¥168.01b |
| Total assets | JP¥358.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SU2's short term assets (¥107.7B) exceed its short term liabilities (¥95.1B).
Long Term Liabilities: SU2's short term assets (¥107.7B) exceed its long term liabilities (¥72.9B).
Debt to Equity History and Analysis
Debt Level: SU2's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: SU2's debt to equity ratio has increased from 30.7% to 45.4% over the past 5 years.
Debt Coverage: SU2's debt is well covered by operating cash flow (39.9%).
Interest Coverage: SU2 earns more interest than it pays, so coverage of interest payments is not a concern.