Sumida Balance Sheet Health
Financial Health criteria checks 5/6
Sumida has a total shareholder equity of ¥57.3B and total debt of ¥51.4B, which brings its debt-to-equity ratio to 89.6%. Its total assets and total liabilities are ¥142.8B and ¥85.5B respectively. Sumida's EBIT is ¥8.2B making its interest coverage ratio 3.3. It has cash and short-term investments of ¥3.1B.
Key information
89.6%
Debt to equity ratio
JP¥51.38b
Debt
Interest coverage ratio | 3.3x |
Cash | JP¥3.11b |
Equity | JP¥57.31b |
Total liabilities | JP¥85.48b |
Total assets | JP¥142.79b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6817's short term assets (¥67.6B) exceed its short term liabilities (¥55.6B).
Long Term Liabilities: 6817's short term assets (¥67.6B) exceed its long term liabilities (¥29.9B).
Debt to Equity History and Analysis
Debt Level: 6817's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: 6817's debt to equity ratio has reduced from 111.9% to 89.6% over the past 5 years.
Debt Coverage: 6817's debt is well covered by operating cash flow (35.7%).
Interest Coverage: 6817's interest payments on its debt are well covered by EBIT (3.3x coverage).