Sumco Balance Sheet Health
Financial Health criteria checks 5/6
Sumco has a total shareholder equity of ¥638.1B and total debt of ¥339.7B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are ¥1,134.7B and ¥496.6B respectively. Sumco's EBIT is ¥41.2B making its interest coverage ratio 572.2. It has cash and short-term investments of ¥111.9B.
Key information
53.2%
Debt to equity ratio
JP¥339.69b
Debt
| Interest coverage ratio | 572.2x |
| Cash | JP¥111.93b |
| Equity | JP¥638.09b |
| Total liabilities | JP¥496.60b |
| Total assets | JP¥1.13t |
Recent financial health updates
Is Sumco (TSE:3436) Using Too Much Debt?
Aug 06
Sumco (TSE:3436) Takes On Some Risk With Its Use Of Debt
Mar 25Recent updates
Earnings Miss: Sumco Corporation Missed EPS By 36% And Analysts Are Revising Their Forecasts
Nov 13Sumco's (TSE:3436) Dividend Will Be Reduced To ¥6.00
Nov 12Capital Allocation Trends At Sumco (TSE:3436) Aren't Ideal
Oct 01When Should You Buy Sumco Corporation (TSE:3436)?
Sep 15Sumco Corporation's (TSE:3436) Stock Retreats 33% But Earnings Haven't Escaped The Attention Of Investors
Aug 31Sumco Corporation Just Missed EPS By 19%: Here's What Analysts Think Will Happen Next
Aug 09Is Sumco (TSE:3436) Using Too Much Debt?
Aug 06Investors Appear Satisfied With Sumco Corporation's (TSE:3436) Prospects
Jul 17Sumco (TSE:3436) Is Paying Out Less In Dividends Than Last Year
Jun 17At JP¥2,363, Is Sumco Corporation (TSE:3436) Worth Looking At Closely?
May 26Results: Sumco Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
May 13Sumco (TSE:3436) Will Pay A Dividend Of ¥20.00
May 10Subdued Growth No Barrier To Sumco Corporation's (TSE:3436) Price
Apr 09Sumco (TSE:3436) Takes On Some Risk With Its Use Of Debt
Mar 25Capital Allocation Trends At Sumco (TSE:3436) Aren't Ideal
Mar 12Financial Position Analysis
Short Term Liabilities: 3436's short term assets (¥433.3B) exceed its short term liabilities (¥172.3B).
Long Term Liabilities: 3436's short term assets (¥433.3B) exceed its long term liabilities (¥324.3B).
Debt to Equity History and Analysis
Debt Level: 3436's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: 3436's debt to equity ratio has increased from 45.9% to 53.2% over the past 5 years.
Debt Coverage: 3436's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 3436's interest payments on its debt are well covered by EBIT (572.2x coverage).