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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 19:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Electric Industries, Ltd. is covered by 24 analysts. 8 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 |
|---|---|
| Takashi Enomoto | BofA Global Research |
| Toshiyuki Johno | Citigroup Global Markets Japan Inc. |
| Toshiyuki Johno | Citigroup Inc |