Sumitomo Rubber Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Rubber Industries has a total shareholder equity of ¥637.2B and total debt of ¥251.0B, which brings its debt-to-equity ratio to 39.4%. Its total assets and total liabilities are ¥1,271.4B and ¥634.2B respectively. Sumitomo Rubber Industries's EBIT is ¥84.6B making its interest coverage ratio 7.9. It has cash and short-term investments of ¥72.3B.
Key information
39.4%
Debt to equity ratio
JP¥251.04b
Debt
| Interest coverage ratio | 7.9x |
| Cash | JP¥72.29b |
| Equity | JP¥637.18b |
| Total liabilities | JP¥634.18b |
| Total assets | JP¥1.27t |
Recent financial health updates
Sumitomo Rubber Industries (TSE:5110) Has A Pretty Healthy Balance Sheet
Dec 02
Here's Why Sumitomo Rubber Industries (TSE:5110) Can Manage Its Debt Responsibly
Jul 31Recent updates
Sumitomo Rubber Industries (TSE:5110) Has A Pretty Healthy Balance Sheet
Dec 02We Think You Can Look Beyond Sumitomo Rubber Industries' (TSE:5110) Lackluster Earnings
Nov 14Investors Will Want Sumitomo Rubber Industries' (TSE:5110) Growth In ROCE To Persist
Oct 29Sumitomo Rubber Industries, Ltd.'s (TSE:5110) Intrinsic Value Is Potentially 89% Above Its Share Price
Sep 20What You Can Learn From Sumitomo Rubber Industries, Ltd.'s (TSE:5110) P/S
Sep 03Sumitomo Rubber Industries (TSE:5110) Has Announced A Dividend Of ¥29.00
Aug 12Here's Why Sumitomo Rubber Industries (TSE:5110) Can Manage Its Debt Responsibly
Jul 31Sumitomo Rubber Industries (TSE:5110) Will Pay A Dividend Of ¥29.00
Jun 13Sumitomo Rubber Industries' (TSE:5110) Dividend Will Be ¥29.00
May 30The Return Trends At Sumitomo Rubber Industries (TSE:5110) Look Promising
May 22Sumitomo Rubber Industries, Ltd. (TSE:5110) Shares Could Be 33% Below Their Intrinsic Value Estimate
Apr 29Sumitomo Rubber Industries (TSE:5110) Is Due To Pay A Dividend Of ¥29.00
Apr 11Sumitomo Rubber Industries' (TSE:5110) Solid Earnings Are Supported By Other Strong Factors
Apr 07Sumitomo Rubber Industries, Ltd. (TSE:5110) Doing What It Can To Lift Shares
Feb 29Financial Position Analysis
Short Term Liabilities: 5110's short term assets (¥638.5B) exceed its short term liabilities (¥334.0B).
Long Term Liabilities: 5110's short term assets (¥638.5B) exceed its long term liabilities (¥300.2B).
Debt to Equity History and Analysis
Debt Level: 5110's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 5110's debt to equity ratio has reduced from 68% to 39.4% over the past 5 years.
Debt Coverage: 5110's debt is well covered by operating cash flow (50.5%).
Interest Coverage: 5110's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 05:44 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sumitomo Rubber Industries, Ltd. is covered by 24 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kei Nihonyanagi | Barclays |
| Koichi Sugimoto | BNP Paribas Securities (Asia) |
| Kei Nihonyanagi | BofA Global Research |