Sumitomo Osaka Cement Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Osaka Cement has a total shareholder equity of ¥193.3B and total debt of ¥89.2B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are ¥358.6B and ¥165.4B respectively. Sumitomo Osaka Cement's EBIT is ¥8.4B making its interest coverage ratio -12.7. It has cash and short-term investments of ¥16.7B.
Key information
46.1%
Debt to equity ratio
JP¥89.16b
Debt
| Interest coverage ratio | -12.7x |
| Cash | JP¥16.72b |
| Equity | JP¥193.26b |
| Total liabilities | JP¥165.36b |
| Total assets | JP¥358.62b |
Recent financial health updates
No updates
Recent updates
Sumitomo Osaka Cement Co., Ltd.'s (TSE:5232) Share Price Matching Investor Opinion
Oct 24
Sumitomo Osaka Cement (TSE:5232) Will Pay A Dividend Of ¥60.00
Aug 26Sumitomo Osaka Cement (TSE:5232) Is Paying Out A Dividend Of ¥60.00
Aug 12Sumitomo Osaka Cement Co., Ltd. (TSE:5232) Just Reported And Analysts Have Been Lifting Their Price Targets
Aug 11Sumitomo Osaka Cement (TSE:5232) Could Be Struggling To Allocate Capital
Aug 06Investors Shouldn't Be Too Comfortable With Sumitomo Osaka Cement's (TSE:5232) Earnings
May 22Sumitomo Osaka Cement (TSE:5232) Has Some Difficulty Using Its Capital Effectively
Mar 11Financial Position Analysis
Short Term Liabilities: 5232's short term assets (¥109.6B) exceed its short term liabilities (¥94.2B).
Long Term Liabilities: 5232's short term assets (¥109.6B) exceed its long term liabilities (¥71.2B).
Debt to Equity History and Analysis
Debt Level: 5232's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: 5232's debt to equity ratio has increased from 33.1% to 46.1% over the past 5 years.
Debt Coverage: 5232's debt is well covered by operating cash flow (49%).
Interest Coverage: 5232 earns more interest than it pays, so coverage of interest payments is not a concern.