Sumitomo Riko Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Riko has a total shareholder equity of ¥209.0B and total debt of ¥92.5B, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are ¥428.9B and ¥219.9B respectively. Sumitomo Riko's EBIT is ¥36.2B making its interest coverage ratio 12.4. It has cash and short-term investments of ¥41.2B.
Key information
44.3%
Debt to equity ratio
JP¥92.55b
Debt
| Interest coverage ratio | 12.4x |
| Cash | JP¥41.23b |
| Equity | JP¥209.02b |
| Total liabilities | JP¥219.87b |
| Total assets | JP¥428.89b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5191's short term assets (¥228.8B) exceed its short term liabilities (¥130.2B).
Long Term Liabilities: 5191's short term assets (¥228.8B) exceed its long term liabilities (¥89.7B).
Debt to Equity History and Analysis
Debt Level: 5191's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: 5191's debt to equity ratio has reduced from 61.4% to 44.3% over the past 5 years.
Debt Coverage: 5191's debt is well covered by operating cash flow (71.6%).
Interest Coverage: 5191's interest payments on its debt are well covered by EBIT (12.4x coverage).