Sumitomo Riko Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Riko has a total shareholder equity of ¥222.5B and total debt of ¥86.2B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are ¥441.8B and ¥219.3B respectively. Sumitomo Riko's EBIT is ¥35.4B making its interest coverage ratio 23.4. It has cash and short-term investments of ¥42.3B.
Key information
38.8%
Debt to equity ratio
JP¥86.25b
Debt
Interest coverage ratio | 23.4x |
Cash | JP¥42.35b |
Equity | JP¥222.46b |
Total liabilities | JP¥219.31b |
Total assets | JP¥441.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 5191's short term assets (¥239.2B) exceed its short term liabilities (¥124.9B).
Long Term Liabilities: 5191's short term assets (¥239.2B) exceed its long term liabilities (¥94.4B).
Debt to Equity History and Analysis
Debt Level: 5191's net debt to equity ratio (19.7%) is considered satisfactory.
Reducing Debt: 5191's debt to equity ratio has reduced from 58% to 38.8% over the past 5 years.
Debt Coverage: 5191's debt is well covered by operating cash flow (79.5%).
Interest Coverage: 5191's interest payments on its debt are well covered by EBIT (23.4x coverage).