Sumitomo Balance Sheet Health
Financial Health criteria checks 4/6
Sumitomo has a total shareholder equity of ¥4,607.1B and total debt of ¥3,182.0B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ¥10,796.0B and ¥6,188.9B respectively. Sumitomo's EBIT is ¥406.5B making its interest coverage ratio 187.7. It has cash and short-term investments of ¥692.5B.
Key information
69.1%
Debt to equity ratio
JP¥3.18t
Debt
| Interest coverage ratio | 187.7x |
| Cash | JP¥692.54b |
| Equity | JP¥4.61t |
| Total liabilities | JP¥6.19t |
| Total assets | JP¥10.80t |
Recent financial health updates
Does Sumitomo (TSE:8053) Have A Healthy Balance Sheet?
Oct 25
Here's Why Sumitomo (TSE:8053) Has A Meaningful Debt Burden
Apr 08Recent updates
Sumitomo (TSE:8053) Will Pay A Dividend Of ¥65.00
Jan 30Sumitomo (TSE:8053) Is Due To Pay A Dividend Of ¥65.00
Jan 16Sumitomo (TSE:8053) Will Pay A Dividend Of ¥65.00
Jan 02Sumitomo's (TSE:8053) Dividend Will Be ¥65.00
Dec 19Sumitomo (TSE:8053) Is Due To Pay A Dividend Of ¥65.00
Dec 04Sumitomo (TSE:8053) Has Some Way To Go To Become A Multi-Bagger
Nov 18Earnings Miss: Sumitomo Corporation Missed EPS By 7.8% And Analysts Are Revising Their Forecasts
Nov 03Does Sumitomo (TSE:8053) Have A Healthy Balance Sheet?
Oct 25Cautious Investors Not Rewarding Sumitomo Corporation's (TSE:8053) Performance Completely
Sep 21Sumitomo (TSE:8053) Has Announced That It Will Be Increasing Its Dividend To ¥65.00
Sep 04Calculating The Intrinsic Value Of Sumitomo Corporation (TSE:8053)
Sep 01Sumitomo (TSE:8053) Has Announced That It Will Be Increasing Its Dividend To ¥65.00
Aug 12Sumitomo Corporation Just Missed Earnings - But Analysts Have Updated Their Models
Aug 03Sumitomo's (TSE:8053) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 25Sumitomo (TSE:8053) Is Increasing Its Dividend To ¥65.00
Jul 11Fewer Investors Than Expected Jumping On Sumitomo Corporation (TSE:8053)
Jun 22Sumitomo's (TSE:8053) Returns Have Hit A Wall
Jun 07Here's Why Sumitomo (TSE:8053) Has A Meaningful Debt Burden
Apr 08Sumitomo Corporation (TSE:8053) Looks Inexpensive But Perhaps Not Attractive Enough
Mar 12Investors Met With Slowing Returns on Capital At Sumitomo (TSE:8053)
Feb 26Financial Position Analysis
Short Term Liabilities: 8053's short term assets (¥5,092.7B) exceed its short term liabilities (¥2,883.8B).
Long Term Liabilities: 8053's short term assets (¥5,092.7B) exceed its long term liabilities (¥3,305.1B).
Debt to Equity History and Analysis
Debt Level: 8053's net debt to equity ratio (54%) is considered high.
Reducing Debt: 8053's debt to equity ratio has reduced from 112.2% to 69.1% over the past 5 years.
Debt Coverage: 8053's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: 8053's interest payments on its debt are well covered by EBIT (187.7x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 10:30 |
| End of Day Share Price | 2025/01/31 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 Corporation is covered by 28 analysts. 10 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 |
|---|---|
| Kazuhisa Mori | Barclays |
| Toshiyuki Johno | BNP Paribas Securities (Asia) |
| Takashi Enomoto | BofA Global Research |