Sumitomo Warehouse Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Warehouse has a total shareholder equity of ¥244.8B and total debt of ¥86.4B, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are ¥405.8B and ¥161.0B respectively. Sumitomo Warehouse's EBIT is ¥14.1B making its interest coverage ratio -4.3. It has cash and short-term investments of ¥42.9B.
Key information
35.3%
Debt to equity ratio
JP¥86.35b
Debt
Interest coverage ratio | -4.3x |
Cash | JP¥42.87b |
Equity | JP¥244.76b |
Total liabilities | JP¥161.04b |
Total assets | JP¥405.80b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 9303's short term assets (¥74.9B) exceed its short term liabilities (¥40.5B).
Long Term Liabilities: 9303's short term assets (¥74.9B) do not cover its long term liabilities (¥120.5B).
Debt to Equity History and Analysis
Debt Level: 9303's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: 9303's debt to equity ratio has reduced from 43.5% to 35.3% over the past 5 years.
Debt Coverage: 9303's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 9303 earns more interest than it pays, so coverage of interest payments is not a concern.