Sumitomo Heavy Industries Balance Sheet Health
Financial Health criteria checks 4/6
Sumitomo Heavy Industries has a total shareholder equity of ¥629.9B and total debt of ¥225.2B, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are ¥1,223.0B and ¥593.1B respectively. Sumitomo Heavy Industries's EBIT is ¥65.7B making its interest coverage ratio 74.6. It has cash and short-term investments of ¥107.4B.
Key information
35.8%
Debt to equity ratio
JP¥225.22b
Debt
| Interest coverage ratio | 74.6x |
| Cash | JP¥107.45b |
| Equity | JP¥629.90b |
| Total liabilities | JP¥593.14b |
| Total assets | JP¥1.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOHV.Y's short term assets (¥750.6B) exceed its short term liabilities (¥407.2B).
Long Term Liabilities: SOHV.Y's short term assets (¥750.6B) exceed its long term liabilities (¥185.9B).
Debt to Equity History and Analysis
Debt Level: SOHV.Y's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: SOHV.Y's debt to equity ratio has increased from 17.2% to 35.8% over the past 5 years.
Debt Coverage: SOHV.Y's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: SOHV.Y's interest payments on its debt are well covered by EBIT (74.6x coverage).