Sumco Balance Sheet Health

Financial Health criteria checks 5/6

Sumco has a total shareholder equity of ¥640.1B and total debt of ¥329.3B, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are ¥1,180.5B and ¥540.4B respectively. Sumco's EBIT is ¥55.4B making its interest coverage ratio -68.7. It has cash and short-term investments of ¥198.7B.

Key information

51.4%

Debt to equity ratio

JP¥329.30b

Debt

Interest coverage ratio-68.7x
CashJP¥198.66b
EquityJP¥640.08b
Total liabilitiesJP¥540.40b
Total assetsJP¥1.18t

Recent financial health updates

Recent updates

Sumco (TSE:3436) Is Paying Out Less In Dividends Than Last Year

Jun 17
Sumco (TSE:3436) Is Paying Out Less In Dividends Than Last Year

At JP¥2,363, Is Sumco Corporation (TSE:3436) Worth Looking At Closely?

May 26
At JP¥2,363, Is Sumco Corporation (TSE:3436) Worth Looking At Closely?

Results: Sumco Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

May 13
Results: Sumco Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Sumco (TSE:3436) Will Pay A Dividend Of ¥20.00

May 10
Sumco (TSE:3436) Will Pay A Dividend Of ¥20.00

Subdued Growth No Barrier To Sumco Corporation's (TSE:3436) Price

Apr 09
Subdued Growth No Barrier To Sumco Corporation's (TSE:3436) Price

Sumco (TSE:3436) Takes On Some Risk With Its Use Of Debt

Mar 25
Sumco (TSE:3436) Takes On Some Risk With Its Use Of Debt

Capital Allocation Trends At Sumco (TSE:3436) Aren't Ideal

Mar 12
Capital Allocation Trends At Sumco (TSE:3436) Aren't Ideal

Financial Position Analysis

Short Term Liabilities: 3436's short term assets (¥518.8B) exceed its short term liabilities (¥205.7B).

Long Term Liabilities: 3436's short term assets (¥518.8B) exceed its long term liabilities (¥334.7B).


Debt to Equity History and Analysis

Debt Level: 3436's net debt to equity ratio (20.4%) is considered satisfactory.

Reducing Debt: 3436's debt to equity ratio has increased from 45.6% to 51.4% over the past 5 years.

Debt Coverage: 3436's debt is well covered by operating cash flow (29.3%).

Interest Coverage: 3436 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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