Sumitomo Electric Industries Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Electric Industries has a total shareholder equity of ¥2,528.7B and total debt of ¥735.1B, which brings its debt-to-equity ratio to 29.1%. Its total assets and total liabilities are ¥4,454.8B and ¥1,926.1B respectively. Sumitomo Electric Industries's EBIT is ¥278.6B making its interest coverage ratio 13.6. It has cash and short-term investments of ¥276.3B.
Key information
29.1%
Debt to equity ratio
JP¥735.09b
Debt
| Interest coverage ratio | 13.6x |
| Cash | JP¥276.30b |
| Equity | JP¥2.53t |
| Total liabilities | JP¥1.93t |
| Total assets | JP¥4.45t |
Recent financial health updates
These 4 Measures Indicate That Sumitomo Electric Industries (TSE:5802) Is Using Debt Reasonably Well
Aug 21
We Think Sumitomo Electric Industries (TSE:5802) Can Stay On Top Of Its Debt
Apr 08Recent updates
Earnings Not Telling The Story For Sumitomo Electric Industries, Ltd. (TSE:5802) After Shares Rise 28%
Nov 21Investors Shouldn't Be Too Comfortable With Sumitomo Electric Industries' (TSE:5802) Earnings
Nov 20Sumitomo Electric Industries, Ltd. Just Beat EPS By 27%: Here's What Analysts Think Will Happen Next
Nov 05Investors Met With Slowing Returns on Capital At Sumitomo Electric Industries (TSE:5802)
Oct 11Sumitomo Electric Industries' (TSE:5802) Dividend Will Be ¥36.00
Sep 06Sumitomo Electric Industries, Ltd.'s (TSE:5802) Shares Bounce 26% But Its Business Still Trails The Market
Sep 04These 4 Measures Indicate That Sumitomo Electric Industries (TSE:5802) Is Using Debt Reasonably Well
Aug 21Sumitomo Electric Industries, Ltd. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Aug 03Sumitomo Electric Industries (TSE:5802) Is Due To Pay A Dividend Of ¥36.00
Jul 25Are Investors Undervaluing Sumitomo Electric Industries, Ltd. (TSE:5802) By 27%?
Jul 11Sumitomo Electric Industries' (TSE:5802) Dividend Will Be ¥36.00
Jul 11Sumitomo Electric Industries (TSE:5802) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 21Sumitomo Electric Industries, Ltd.'s (TSE:5802) Popularity With Investors Is Under Threat From Overpricing
Apr 24We Think Sumitomo Electric Industries (TSE:5802) Can Stay On Top Of Its Debt
Apr 08Calculating The Intrinsic Value Of Sumitomo Electric Industries, Ltd. (TSE:5802)
Mar 13Sumitomo Electric Industries' (TSE:5802) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 27Financial Position Analysis
Short Term Liabilities: 5802's short term assets (¥2,208.6B) exceed its short term liabilities (¥1,289.9B).
Long Term Liabilities: 5802's short term assets (¥2,208.6B) exceed its long term liabilities (¥636.2B).
Debt to Equity History and Analysis
Debt Level: 5802's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: 5802's debt to equity ratio has reduced from 31.6% to 29.1% over the past 5 years.
Debt Coverage: 5802's debt is well covered by operating cash flow (44.5%).
Interest Coverage: 5802's interest payments on its debt are well covered by EBIT (13.6x coverage).