Sumitomo Realty & Development Balance Sheet Health
Financial Health criteria checks 3/6
Sumitomo Realty & Development has a total shareholder equity of ¥2,122.4B and total debt of ¥3,928.8B, which brings its debt-to-equity ratio to 185.1%. Its total assets and total liabilities are ¥6,649.4B and ¥4,527.0B respectively. Sumitomo Realty & Development's EBIT is ¥274.6B making its interest coverage ratio -93.3. It has cash and short-term investments of ¥69.5B.
Key information
185.1%
Debt to equity ratio
JP¥3.93t
Debt
| Interest coverage ratio | -93.3x |
| Cash | JP¥69.52b |
| Equity | JP¥2.12t |
| Total liabilities | JP¥4.53t |
| Total assets | JP¥6.65t |
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
These 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 (¥980.5B) exceed its short term liabilities (¥842.6B).
Long Term Liabilities: 8830's short term assets (¥980.5B) do not cover its long term liabilities (¥3,684.4B).
Debt to Equity History and Analysis
Debt Level: 8830's net debt to equity ratio (181.8%) is considered high.
Reducing Debt: 8830's debt to equity ratio has reduced from 268.1% to 185.1% over the past 5 years.
Debt Coverage: 8830's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: 8830 earns more interest than it pays, so coverage of interest payments is not a concern.