Sompo Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Sompo Holdings has a total shareholder equity of ¥3,038.1B and total debt of ¥687.9B, which brings its debt-to-equity ratio to 22.6%. Its total assets and total liabilities are ¥15,017.0B and ¥11,978.9B respectively. Sompo Holdings's EBIT is ¥517.0B making its interest coverage ratio 37.1. It has cash and short-term investments of ¥1,065.5B.
Key information
22.6%
Debt to equity ratio
JP¥687.93b
Debt
| Interest coverage ratio | 37.1x |
| Cash | JP¥1.07t |
| Equity | JP¥3.04t |
| Total liabilities | JP¥11.98t |
| Total assets | JP¥15.02t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMPN.Y's short term assets (¥1,070.5B) exceed its short term liabilities (¥17.1B).
Long Term Liabilities: SMPN.Y's short term assets (¥1,070.5B) do not cover its long term liabilities (¥11,961.8B).
Debt to Equity History and Analysis
Debt Level: SMPN.Y has more cash than its total debt.
Reducing Debt: SMPN.Y's debt to equity ratio has reduced from 29% to 22.6% over the past 5 years.
Debt Coverage: SMPN.Y's debt is well covered by operating cash flow (68.8%).
Interest Coverage: SMPN.Y's interest payments on its debt are well covered by EBIT (37.1x coverage).