Sumitomo Bakelite Balance Sheet Health
Financial Health criteria checks 6/6
Sumitomo Bakelite has a total shareholder equity of ¥307.2B and total debt of ¥31.6B, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ¥428.9B and ¥121.7B respectively. Sumitomo Bakelite's EBIT is ¥30.5B making its interest coverage ratio -9.7. It has cash and short-term investments of ¥113.4B.
Key information
10.3%
Debt to equity ratio
JP¥31.57b
Debt
| Interest coverage ratio | -9.7x |
| Cash | JP¥113.35b |
| Equity | JP¥307.20b |
| Total liabilities | JP¥121.67b |
| Total assets | JP¥428.88b |
Recent financial health updates
These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Safely
Nov 04
These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Reasonably Well
Jul 12Is Sumitomo Bakelite (TSE:4203) A Risky Investment?
Feb 29Recent updates
These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Safely
Nov 04Sumitomo Bakelite Company Limited (TSE:4203) Shares Could Be 28% Below Their Intrinsic Value Estimate
Oct 06Here's Why We Think Sumitomo Bakelite (TSE:4203) Is Well Worth Watching
Sep 21At JP¥3,660, Is Sumitomo Bakelite Company Limited (TSE:4203) Worth Looking At Closely?
Sep 07Sumitomo Bakelite Company Limited (TSE:4203) Stock's 32% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 05These 4 Measures Indicate That Sumitomo Bakelite (TSE:4203) Is Using Debt Reasonably Well
Jul 12Estimating The Fair Value Of Sumitomo Bakelite Company Limited (TSE:4203)
Jun 24Is Now An Opportune Moment To Examine Sumitomo Bakelite Company Limited (TSE:4203)?
Jun 08Sumitomo Bakelite Company Limited's (TSE:4203) Share Price Could Signal Some Risk
May 24Sumitomo Bakelite's (TSE:4203) Dividend Will Be Increased To ¥80.00
Mar 17Sumitomo Bakelite (TSE:4203) Has Announced That It Will Be Increasing Its Dividend To ¥80.00
Mar 03Is Sumitomo Bakelite (TSE:4203) A Risky Investment?
Feb 29Financial Position Analysis
Short Term Liabilities: 4203's short term assets (¥239.3B) exceed its short term liabilities (¥79.3B).
Long Term Liabilities: 4203's short term assets (¥239.3B) exceed its long term liabilities (¥42.4B).
Debt to Equity History and Analysis
Debt Level: 4203 has more cash than its total debt.
Reducing Debt: 4203's debt to equity ratio has reduced from 24.8% to 10.3% over the past 5 years.
Debt Coverage: 4203's debt is well covered by operating cash flow (145.8%).
Interest Coverage: 4203 earns more interest than it pays, so coverage of interest payments is not a concern.