Sumitomo Heavy Industries Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Heavy Industries has a total shareholder equity of ¥618.9B and total debt of ¥132.9B, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are ¥1,179.4B and ¥560.6B respectively. Sumitomo Heavy Industries's EBIT is ¥66.3B making its interest coverage ratio -112.4. It has cash and short-term investments of ¥103.0B.
Key information
21.5%
Debt to equity ratio
JP¥132.90b
Debt
Interest coverage ratio | -112.4x |
Cash | JP¥103.00b |
Equity | JP¥618.85b |
Total liabilities | JP¥560.56b |
Total assets | JP¥1.18t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOHV.F's short term assets (¥705.9B) exceed its short term liabilities (¥385.4B).
Long Term Liabilities: SOHV.F's short term assets (¥705.9B) exceed its long term liabilities (¥175.1B).
Debt to Equity History and Analysis
Debt Level: SOHV.F's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: SOHV.F's debt to equity ratio has increased from 16.1% to 21.5% over the past 5 years.
Debt Coverage: SOHV.F's debt is well covered by operating cash flow (32.5%).
Interest Coverage: SOHV.F earns more interest than it pays, so coverage of interest payments is not a concern.