Sumitomo Heavy Industries Balance Sheet Health
Financial Health criteria checks 4/6
Sumitomo Heavy Industries has a total shareholder equity of ¥629.9B and total debt of ¥225.2B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are ¥1,223.0B and ¥593.1B respectively. Sumitomo Heavy Industries's EBIT is ¥65.7B making its interest coverage ratio 74.6. It has cash and short-term investments of ¥107.4B.
Key information
35.8%
Debt to equity ratio
JP¥225.22b
Debt
| Interest coverage ratio | 74.6x |
| Cash | JP¥107.45b |
| Equity | JP¥629.90b |
| Total liabilities | JP¥593.14b |
| Total assets | JP¥1.22t |
Recent financial health updates
Is Sumitomo Heavy Industries (TSE:6302) Using Too Much Debt?
Sep 20
Sumitomo Heavy Industries (TSE:6302) Has A Pretty Healthy Balance Sheet
Apr 08Recent updates
There May Be Some Bright Spots In Sumitomo Heavy Industries' (TSE:6302) Earnings
Nov 07Returns On Capital Signal Tricky Times Ahead For Sumitomo Heavy Industries (TSE:6302)
Oct 14Is Sumitomo Heavy Industries (TSE:6302) Using Too Much Debt?
Sep 20Sumitomo Heavy Industries, Ltd. (TSE:6302) Shares Could Be 29% Below Their Intrinsic Value Estimate
Aug 29Positive Sentiment Still Eludes Sumitomo Heavy Industries, Ltd. (TSE:6302) Following 29% Share Price Slump
Aug 05When Should You Buy Sumitomo Heavy Industries, Ltd. (TSE:6302)?
Jul 11A Piece Of The Puzzle Missing From Sumitomo Heavy Industries, Ltd.'s (TSE:6302) Share Price
Jun 07Here's What's Concerning About Sumitomo Heavy Industries' (TSE:6302) Returns On Capital
Apr 24Sumitomo Heavy Industries (TSE:6302) Has A Pretty Healthy Balance Sheet
Apr 08Is Now The Time To Look At Buying Sumitomo Heavy Industries, Ltd. (TSE:6302)?
Mar 24Financial Position Analysis
Short Term Liabilities: 6302's short term assets (¥750.6B) exceed its short term liabilities (¥407.2B).
Long Term Liabilities: 6302's short term assets (¥750.6B) exceed its long term liabilities (¥185.9B).
Debt to Equity History and Analysis
Debt Level: 6302's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: 6302's debt to equity ratio has increased from 17.2% to 35.8% over the past 5 years.
Debt Coverage: 6302's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 6302's interest payments on its debt are well covered by EBIT (74.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 01:33 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 Heavy Industries, Ltd. is covered by 23 analysts. 5 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 |
|---|---|
| Kunio Sakaida | Barclays |
| Christopher Cintavey | BNP Paribas Securities (Asia) |
| Takahiro Mori | BofA Global Research |