Sumitomo Forestry Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Forestry has a total shareholder equity of ¥978.4B and total debt of ¥537.2B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are ¥2,111.5B and ¥1,133.1B respectively. Sumitomo Forestry's EBIT is ¥174.8B making its interest coverage ratio 982.2. It has cash and short-term investments of ¥153.8B.
Key information
54.9%
Debt to equity ratio
JP¥537.19b
Debt
| Interest coverage ratio | 982.2x |
| Cash | JP¥153.79b |
| Equity | JP¥978.41b |
| Total liabilities | JP¥1.13t |
| Total assets | JP¥2.11t |
Recent financial health updates
Sumitomo Forestry (TSE:1911) Has A Pretty Healthy Balance Sheet
Jul 11
Here's Why Sumitomo Forestry (TSE:1911) Has A Meaningful Debt Burden
Apr 05Recent updates
Should You Be Adding Sumitomo Forestry (TSE:1911) To Your Watchlist Today?
Sep 25Sumitomo Forestry's (TSE:1911) Upcoming Dividend Will Be Larger Than Last Year's
Aug 25Sumitomo Forestry (TSE:1911) Is Paying Out A Larger Dividend Than Last Year
Aug 11We Like These Underlying Return On Capital Trends At Sumitomo Forestry (TSE:1911)
Jul 29Sumitomo Forestry (TSE:1911) Has A Pretty Healthy Balance Sheet
Jul 11Sumitomo Forestry (TSE:1911) Is Due To Pay A Dividend Of ¥65.00
Jun 21Sumitomo Forestry's (TSE:1911) Dividend Will Be ¥65.00
Jun 07Sumitomo Forestry (TSE:1911) Is Due To Pay A Dividend Of ¥65.00
Apr 26Sumitomo Forestry's (TSE:1911) Dividend Will Be ¥65.00
Apr 11Here's Why Sumitomo Forestry (TSE:1911) Has A Meaningful Debt Burden
Apr 05Returns On Capital Are Showing Encouraging Signs At Sumitomo Forestry (TSE:1911)
Feb 29Financial Position Analysis
Short Term Liabilities: 1911's short term assets (¥1,439.8B) exceed its short term liabilities (¥683.8B).
Long Term Liabilities: 1911's short term assets (¥1,439.8B) exceed its long term liabilities (¥449.3B).
Debt to Equity History and Analysis
Debt Level: 1911's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: 1911's debt to equity ratio has reduced from 80.7% to 54.9% over the past 5 years.
Debt Coverage: 1911's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: 1911's interest payments on its debt are well covered by EBIT (982.2x coverage).