SUMINOE Balance Sheet Health
Financial Health criteria checks 5/6
SUMINOE has a total shareholder equity of ¥37.3B and total debt of ¥19.7B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are ¥93.7B and ¥56.4B respectively. SUMINOE's EBIT is ¥2.9B making its interest coverage ratio 21.3. It has cash and short-term investments of ¥8.5B.
Key information
52.7%
Debt to equity ratio
JP¥19.67b
Debt
| Interest coverage ratio | 21.3x |
| Cash | JP¥8.51b |
| Equity | JP¥37.33b |
| Total liabilities | JP¥56.39b |
| Total assets | JP¥93.72b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3501's short term assets (¥51.8B) exceed its short term liabilities (¥38.0B).
Long Term Liabilities: 3501's short term assets (¥51.8B) exceed its long term liabilities (¥18.4B).
Debt to Equity History and Analysis
Debt Level: 3501's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: 3501's debt to equity ratio has increased from 52.6% to 52.7% over the past 5 years.
Debt Coverage: 3501's debt is well covered by operating cash flow (37.9%).
Interest Coverage: 3501's interest payments on its debt are well covered by EBIT (21.3x coverage).