Sumida Balance Sheet Health
Financial Health criteria checks 4/6
Sumida has a total shareholder equity of ¥57.9B and total debt of ¥52.7B, which brings its debt-to-equity ratio to 91%. Its total assets and total liabilities are ¥143.3B and ¥85.4B respectively. Sumida's EBIT is ¥4.9B making its interest coverage ratio 1.6. It has cash and short-term investments of ¥4.8B.
Key information
91.0%
Debt to equity ratio
JP¥52.71b
Debt
| Interest coverage ratio | 1.6x |
| Cash | JP¥4.75b |
| Equity | JP¥57.93b |
| Total liabilities | JP¥85.41b |
| Total assets | JP¥143.34b |
Recent financial health updates
No updates
Recent updates
Sumida's (TSE:6817) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 08
Some Confidence Is Lacking In Sumida Corporation (TSE:6817) As Shares Slide 31%
Aug 06Sumida (TSE:6817) Is Due To Pay A Dividend Of ¥26.00
May 10Sumida (TSE:6817) Has Announced A Dividend Of ¥26.00
Apr 26Sumida (TSE:6817) Will Pay A Dividend Of ¥26.00
Apr 11Sumida (TSE:6817) Strong Profits May Be Masking Some Underlying Issues
Mar 29Financial Position Analysis
Short Term Liabilities: 6817's short term assets (¥68.2B) exceed its short term liabilities (¥59.4B).
Long Term Liabilities: 6817's short term assets (¥68.2B) exceed its long term liabilities (¥26.0B).
Debt to Equity History and Analysis
Debt Level: 6817's net debt to equity ratio (82.8%) is considered high.
Reducing Debt: 6817's debt to equity ratio has reduced from 129.7% to 91% over the past 5 years.
Debt Coverage: 6817's debt is well covered by operating cash flow (28.8%).
Interest Coverage: 6817's interest payments on its debt are not well covered by EBIT (1.6x coverage).