Sojitz Balance Sheet Health
Financial Health criteria checks 4/6
Sojitz has a total shareholder equity of ¥1,001.6B and total debt of ¥992.2B, which brings its debt-to-equity ratio to 99.1%. Its total assets and total liabilities are ¥3,075.8B and ¥2,074.2B respectively. Sojitz's EBIT is ¥91.3B making its interest coverage ratio 14.1. It has cash and short-term investments of ¥217.9B.
Key information
99.1%
Debt to equity ratio
JP¥992.24b
Debt
| Interest coverage ratio | 14.1x |
| Cash | JP¥217.91b |
| Equity | JP¥1.00t |
| Total liabilities | JP¥2.07t |
| Total assets | JP¥3.08t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SZHF.F's short term assets (¥1,579.4B) exceed its short term liabilities (¥1,079.0B).
Long Term Liabilities: SZHF.F's short term assets (¥1,579.4B) exceed its long term liabilities (¥995.2B).
Debt to Equity History and Analysis
Debt Level: SZHF.F's net debt to equity ratio (77.3%) is considered high.
Reducing Debt: SZHF.F's debt to equity ratio has reduced from 140.2% to 99.1% over the past 5 years.
Debt Coverage: SZHF.F's debt is not well covered by operating cash flow (12%).
Interest Coverage: SZHF.F's interest payments on its debt are well covered by EBIT (14.1x coverage).