Sompo Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Sompo Holdings has a total shareholder equity of ¥2,579.7B and total debt of ¥687.2B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are ¥14,424.3B and ¥11,844.7B respectively. Sompo Holdings's EBIT is ¥615.1B making its interest coverage ratio 38.5. It has cash and short-term investments of ¥1,440.2B.
Key information
26.6%
Debt to equity ratio
JP¥687.16b
Debt
Interest coverage ratio | 38.5x |
Cash | JP¥1.44t |
Equity | JP¥2.58t |
Total liabilities | JP¥11.84t |
Total assets | JP¥14.42t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMPN.Y's short term assets (¥1,468.9B) do not cover its short term liabilities (¥2,756.3B).
Long Term Liabilities: SMPN.Y's short term assets (¥1,468.9B) do not cover its long term liabilities (¥9,088.4B).
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 29.6% to 26.6% over the past 5 years.
Debt Coverage: SMPN.Y's debt is well covered by operating cash flow (68.2%).
Interest Coverage: SMPN.Y's interest payments on its debt are well covered by EBIT (38.5x coverage).