Sumitomo Chemical Company Balance Sheet Health
Financial Health criteria checks 2/6
Sumitomo Chemical Company has a total shareholder equity of ¥1,164.4B and total debt of ¥1,563.5B, which brings its debt-to-equity ratio to 134.3%. Its total assets and total liabilities are ¥3,934.8B and ¥2,770.5B respectively.
Key information
134.3%
Debt to equity ratio
JP¥1.56t
Debt
Interest coverage ratio | n/a |
Cash | JP¥248.79b |
Equity | JP¥1.16t |
Total liabilities | JP¥2.77t |
Total assets | JP¥3.93t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOMM.F's short term assets (¥1,675.9B) exceed its short term liabilities (¥1,443.5B).
Long Term Liabilities: SOMM.F's short term assets (¥1,675.9B) exceed its long term liabilities (¥1,327.0B).
Debt to Equity History and Analysis
Debt Level: SOMM.F's net debt to equity ratio (112.9%) is considered high.
Reducing Debt: SOMM.F's debt to equity ratio has increased from 62.1% to 134.3% over the past 5 years.
Debt Coverage: SOMM.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SOMM.F's interest payments on its debt are well covered by EBIT.