Sumitomo Mitsui ConstructionLtd Balance Sheet Health
Financial Health criteria checks 4/6
Sumitomo Mitsui ConstructionLtd has a total shareholder equity of ¥76.7B and total debt of ¥121.4B, which brings its debt-to-equity ratio to 158.3%. Its total assets and total liabilities are ¥432.0B and ¥355.3B respectively. Sumitomo Mitsui ConstructionLtd's EBIT is ¥5.9B making its interest coverage ratio 17.7. It has cash and short-term investments of ¥94.3B.
Key information
158.3%
Debt to equity ratio
JP¥121.41b
Debt
| Interest coverage ratio | 17.7x |
| Cash | JP¥94.26b |
| Equity | JP¥76.69b |
| Total liabilities | JP¥355.27b |
| Total assets | JP¥431.97b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1821's short term assets (¥373.0B) exceed its short term liabilities (¥275.4B).
Long Term Liabilities: 1821's short term assets (¥373.0B) exceed its long term liabilities (¥79.9B).
Debt to Equity History and Analysis
Debt Level: 1821's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 1821's debt to equity ratio has increased from 34.5% to 158.3% over the past 5 years.
Debt Coverage: 1821's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: 1821's interest payments on its debt are well covered by EBIT (17.7x coverage).