Sumitomo DensetsuLtd Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo DensetsuLtd has a total shareholder equity of ¥102.9B and total debt of ¥2.2B, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ¥164.1B and ¥61.1B respectively. Sumitomo DensetsuLtd's EBIT is ¥11.7B making its interest coverage ratio -20.2. It has cash and short-term investments of ¥55.5B.
Key information
2.2%
Debt to equity ratio
JP¥2.24b
Debt
Interest coverage ratio | -20.2x |
Cash | JP¥55.46b |
Equity | JP¥102.93b |
Total liabilities | JP¥61.14b |
Total assets | JP¥164.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1949's short term assets (¥122.6B) exceed its short term liabilities (¥53.4B).
Long Term Liabilities: 1949's short term assets (¥122.6B) exceed its long term liabilities (¥7.7B).
Debt to Equity History and Analysis
Debt Level: 1949 has more cash than its total debt.
Reducing Debt: 1949's debt to equity ratio has reduced from 3.9% to 2.2% over the past 5 years.
Debt Coverage: 1949's debt is well covered by operating cash flow (309.2%).
Interest Coverage: 1949 earns more interest than it pays, so coverage of interest payments is not a concern.