Sumitomo Chemical Company Balance Sheet Health
Financial Health criteria checks 2/6
Sumitomo Chemical Company has a total shareholder equity of ¥1,226.9B and total debt of ¥1,518.7B, which brings its debt-to-equity ratio to 123.8%. Its total assets and total liabilities are ¥3,949.7B and ¥2,722.8B respectively.
Key information
123.8%
Debt to equity ratio
JP¥1.52t
Debt
| Interest coverage ratio | n/a |
| Cash | JP¥289.49b |
| Equity | JP¥1.23t |
| Total liabilities | JP¥2.72t |
| Total assets | JP¥3.95t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOMM.F's short term assets (¥1,763.5B) exceed its short term liabilities (¥1,460.6B).
Long Term Liabilities: SOMM.F's short term assets (¥1,763.5B) exceed its long term liabilities (¥1,262.2B).
Debt to Equity History and Analysis
Debt Level: SOMM.F's net debt to equity ratio (100.2%) is considered high.
Reducing Debt: SOMM.F's debt to equity ratio has increased from 72.6% to 123.8% over the past 5 years.
Debt Coverage: SOMM.F's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: Insufficient data to determine if SOMM.F's interest payments on its debt are well covered by EBIT.