Sumitomo Metal Mining Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Metal Mining has a total shareholder equity of ¥1,970.7B and total debt of ¥530.3B, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are ¥3,023.8B and ¥1,053.1B respectively. Sumitomo Metal Mining's EBIT is ¥62.2B making its interest coverage ratio -118.6. It has cash and short-term investments of ¥160.1B.
Key information
26.9%
Debt to equity ratio
JP¥530.29b
Debt
Interest coverage ratio | -118.6x |
Cash | JP¥160.08b |
Equity | JP¥1.97t |
Total liabilities | JP¥1.05t |
Total assets | JP¥3.02t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S190's short term assets (¥924.4B) exceed its short term liabilities (¥459.2B).
Long Term Liabilities: S190's short term assets (¥924.4B) exceed its long term liabilities (¥594.0B).
Debt to Equity History and Analysis
Debt Level: S190's net debt to equity ratio (18.8%) is considered satisfactory.
Reducing Debt: S190's debt to equity ratio has reduced from 32.9% to 26.9% over the past 5 years.
Debt Coverage: S190's debt is well covered by operating cash flow (39.7%).
Interest Coverage: S190 earns more interest than it pays, so coverage of interest payments is not a concern.