Sumitomo Realty & Development Balance Sheet Health
Financial Health criteria checks 3/6
Sumitomo Realty & Development has a total shareholder equity of ¥2,145.5B and total debt of ¥3,869.6B, which brings its debt-to-equity ratio to 180.4%. Its total assets and total liabilities are ¥6,641.2B and ¥4,495.7B respectively. Sumitomo Realty & Development's EBIT is ¥260.8B making its interest coverage ratio -103.9. It has cash and short-term investments of ¥74.1B.
Key information
180.4%
Debt to equity ratio
JP¥3.87t
Debt
| Interest coverage ratio | -103.9x |
| Cash | JP¥74.12b |
| Equity | JP¥2.15t |
| Total liabilities | JP¥4.50t |
| Total assets | JP¥6.64t |
Recent financial health updates
These 4 Measures Indicate That Sumitomo Realty & Development (TSE:8830) Is Using Debt Extensively
Oct 09
These 4 Measures Indicate That Sumitomo Realty & Development (TSE:8830) Is Using Debt Extensively
Apr 15Recent updates
Sumitomo Realty & Development's (TSE:8830) Dividend Will Be ¥35.00
Dec 20Sumitomo Realty & Development's (TSE:8830) Dividend Will Be ¥35.00
Dec 06Sumitomo Realty & Development Co., Ltd.'s (TSE:8830) Share Price Could Signal Some Risk
Nov 08Is Now The Time To Put Sumitomo Realty & Development (TSE:8830) On Your Watchlist?
Oct 24These 4 Measures Indicate That Sumitomo Realty & Development (TSE:8830) Is Using Debt Extensively
Oct 09Sumitomo Realty & Development (TSE:8830) Is Increasing Its Dividend To ¥35.00
Sep 14Sumitomo Realty & Development (TSE:8830) Will Pay A Larger Dividend Than Last Year At ¥35.00
Aug 19Results: Sumitomo Realty & Development Co., Ltd. Beat Earnings Expectations And Analysts Now Have New Forecasts
Aug 12Why Investors Shouldn't Be Surprised By Sumitomo Realty & Development Co., Ltd.'s (TSE:8830) 26% Share Price Plunge
Aug 05Sumitomo Realty & Development's (TSE:8830) Upcoming Dividend Will Be Larger Than Last Year's
Jul 25Is Now An Opportune Moment To Examine Sumitomo Realty & Development Co., Ltd. (TSE:8830)?
Jul 11Sumitomo Realty & Development's (TSE:8830) Dividend Will Be Increased To ¥35.00
Jul 11Do Sumitomo Realty & Development's (TSE:8830) Earnings Warrant Your Attention?
May 31The Sumitomo Realty & Development Co., Ltd. (TSE:8830) Yearly Results Are Out And Analysts Have Published New Forecasts
May 14These 4 Measures Indicate That Sumitomo Realty & Development (TSE:8830) Is Using Debt Extensively
Apr 15Earnings Not Telling The Story For Sumitomo Realty & Development Co., Ltd. (TSE:8830) After Shares Rise 26%
Mar 29Financial Position Analysis
Short Term Liabilities: 8830's short term assets (¥982.0B) exceed its short term liabilities (¥805.2B).
Long Term Liabilities: 8830's short term assets (¥982.0B) do not cover its long term liabilities (¥3,690.4B).
Debt to Equity History and Analysis
Debt Level: 8830's net debt to equity ratio (176.9%) is considered high.
Reducing Debt: 8830's debt to equity ratio has reduced from 257.9% to 180.4% over the past 5 years.
Debt Coverage: 8830's debt is not well covered by operating cash flow (5.5%).
Interest Coverage: 8830 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 07:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sumitomo Realty & Development Co., Ltd. is covered by 33 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Takashi Hashimoto | Barclays |
| Yasuharu Sugimura | BNP Paribas Securities (Asia) |
| Takumi Kasai | BofA Global Research |