Sumitomo Warehouse Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Warehouse has a total shareholder equity of ¥264.8B and total debt of ¥91.2B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are ¥436.9B and ¥172.1B respectively. Sumitomo Warehouse's EBIT is ¥13.2B making its interest coverage ratio -4. It has cash and short-term investments of ¥52.2B.
Key information
34.4%
Debt to equity ratio
JP¥91.18b
Debt
| Interest coverage ratio | -4x |
| Cash | JP¥52.21b |
| Equity | JP¥264.80b |
| Total liabilities | JP¥172.12b |
| Total assets | JP¥436.92b |
Recent financial health updates
Recent updates
Is Sumitomo Warehouse (TSE:9303) Using Too Much Debt?
Aug 06
Slowing Rates Of Return At Sumitomo Warehouse (TSE:9303) Leave Little Room For Excitement
Jul 03Sumitomo Warehouse's (TSE:9303) Weak Earnings May Only Reveal A Part Of The Whole Picture
May 21Earnings Not Telling The Story For The Sumitomo Warehouse Co., Ltd. (TSE:9303)
Apr 02Sumitomo Warehouse (TSE:9303) Is Due To Pay A Dividend Of ¥50.50
Mar 05Financial Position Analysis
Short Term Liabilities: 9303's short term assets (¥83.1B) exceed its short term liabilities (¥40.0B).
Long Term Liabilities: 9303's short term assets (¥83.1B) do not cover its long term liabilities (¥132.1B).
Debt to Equity History and Analysis
Debt Level: 9303's net debt to equity ratio (14.7%) is considered satisfactory.
Reducing Debt: 9303's debt to equity ratio has reduced from 38.6% to 34.4% over the past 5 years.
Debt Coverage: 9303's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 9303 earns more interest than it pays, so coverage of interest payments is not a concern.