Sumitomo Chemical Company Balance Sheet Health
Financial Health criteria checks 2/6
Sumitomo Chemical Company has a total shareholder equity of ¥1,452.3B and total debt of ¥1,665.8B, which brings its debt-to-equity ratio to 114.7%. Its total assets and total liabilities are ¥4,219.7B and ¥2,767.4B respectively.
Key information
114.7%
Debt to equity ratio
JP¥1.67t
Debt
Interest coverage ratio | n/a |
Cash | JP¥311.98b |
Equity | JP¥1.45t |
Total liabilities | JP¥2.77t |
Total assets | JP¥4.22t |
Financial Position Analysis
Short Term Liabilities: 4005's short term assets (¥1,709.4B) exceed its short term liabilities (¥1,424.0B).
Long Term Liabilities: 4005's short term assets (¥1,709.4B) exceed its long term liabilities (¥1,343.4B).
Debt to Equity History and Analysis
Debt Level: 4005's net debt to equity ratio (93.2%) is considered high.
Reducing Debt: 4005's debt to equity ratio has increased from 72.8% to 114.7% over the past 5 years.
Debt Coverage: 4005's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 4005's interest payments on its debt are well covered by EBIT.