Sumitomo Mitsui ConstructionLtd Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Mitsui ConstructionLtd has a total shareholder equity of ¥77.2B and total debt of ¥80.2B, which brings its debt-to-equity ratio to 104%. Its total assets and total liabilities are ¥411.6B and ¥334.4B respectively. Sumitomo Mitsui ConstructionLtd's EBIT is ¥8.5B making its interest coverage ratio 40.5. It has cash and short-term investments of ¥96.7B.
Key information
104.0%
Debt to equity ratio
JP¥80.22b
Debt
Interest coverage ratio | 40.5x |
Cash | JP¥96.68b |
Equity | JP¥77.16b |
Total liabilities | JP¥334.44b |
Total assets | JP¥411.60b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 1821's short term assets (¥353.4B) exceed its short term liabilities (¥254.4B).
Long Term Liabilities: 1821's short term assets (¥353.4B) exceed its long term liabilities (¥80.1B).
Debt to Equity History and Analysis
Debt Level: 1821 has more cash than its total debt.
Reducing Debt: 1821's debt to equity ratio has increased from 32.3% to 104% over the past 5 years.
Debt Coverage: 1821's debt is well covered by operating cash flow (26.7%).
Interest Coverage: 1821's interest payments on its debt are well covered by EBIT (40.5x coverage).