Sumitomo Forestry Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Forestry has a total shareholder equity of ¥891.6B and total debt of ¥466.7B, which brings its debt-to-equity ratio to 52.3%. Its total assets and total liabilities are ¥1,923.4B and ¥1,031.8B respectively. Sumitomo Forestry's EBIT is ¥163.0B making its interest coverage ratio -3468.5. It has cash and short-term investments of ¥139.1B.
Key information
52.3%
Debt to equity ratio
JP¥466.68b
Debt
| Interest coverage ratio | -3468.5x |
| Cash | JP¥139.08b |
| Equity | JP¥891.60b |
| Total liabilities | JP¥1.03t |
| Total assets | JP¥1.92t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1911's short term assets (¥1,296.2B) exceed its short term liabilities (¥610.2B).
Long Term Liabilities: 1911's short term assets (¥1,296.2B) exceed its long term liabilities (¥421.6B).
Debt to Equity History and Analysis
Debt Level: 1911's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 1911's debt to equity ratio has reduced from 69% to 52.3% over the past 5 years.
Debt Coverage: 1911's debt is well covered by operating cash flow (26.8%).
Interest Coverage: 1911 earns more interest than it pays, so coverage of interest payments is not a concern.