Sumco Balance Sheet Health
Financial Health criteria checks 6/6
Sumco has a total shareholder equity of ¥635.5B and total debt of ¥224.2B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥1,073.1B and ¥437.6B respectively. Sumco's EBIT is ¥73.1B making its interest coverage ratio -75.1. It has cash and short-term investments of ¥156.4B.
Key information
35.3%
Debt to equity ratio
JP¥224.25b
Debt
Interest coverage ratio | -75.1x |
Cash | JP¥156.35b |
Equity | JP¥635.53b |
Total liabilities | JP¥437.56b |
Total assets | JP¥1.07t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S3X0's short term assets (¥473.8B) exceed its short term liabilities (¥204.5B).
Long Term Liabilities: S3X0's short term assets (¥473.8B) exceed its long term liabilities (¥233.0B).
Debt to Equity History and Analysis
Debt Level: S3X0's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: S3X0's debt to equity ratio has reduced from 46.6% to 35.3% over the past 5 years.
Debt Coverage: S3X0's debt is well covered by operating cash flow (43%).
Interest Coverage: S3X0 earns more interest than it pays, so coverage of interest payments is not a concern.