Sumiseki HoldingsInc Balance Sheet Health
Financial Health criteria checks 5/6
Sumiseki HoldingsInc has a total shareholder equity of ¥20.4B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are ¥26.1B and ¥5.8B respectively. Sumiseki HoldingsInc's EBIT is ¥3.8B making its interest coverage ratio 109.7. It has cash and short-term investments of ¥3.9B.
Key information
14.2%
Debt to equity ratio
JP¥2.90b
Debt
| Interest coverage ratio | 109.7x |
| Cash | JP¥3.94b |
| Equity | JP¥20.36b |
| Total liabilities | JP¥5.78b |
| Total assets | JP¥26.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMSK.F's short term assets (¥17.6B) exceed its short term liabilities (¥5.1B).
Long Term Liabilities: SMSK.F's short term assets (¥17.6B) exceed its long term liabilities (¥678.0M).
Debt to Equity History and Analysis
Debt Level: SMSK.F has more cash than its total debt.
Reducing Debt: SMSK.F's debt to equity ratio has reduced from 19.2% to 14.2% over the past 5 years.
Debt Coverage: SMSK.F's debt is not well covered by operating cash flow (1.8%).
Interest Coverage: SMSK.F's interest payments on its debt are well covered by EBIT (109.7x coverage).