Sumitomo Osaka Cement Balance Sheet Health
Financial Health criteria checks 5/6
Sumitomo Osaka Cement has a total shareholder equity of ¥190.3B and total debt of ¥92.5B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are ¥356.4B and ¥166.1B respectively. Sumitomo Osaka Cement's EBIT is ¥3.4B making its interest coverage ratio -4.9. It has cash and short-term investments of ¥18.4B.
Key information
48.6%
Debt to equity ratio
JP¥92.54b
Debt
Interest coverage ratio | -4.9x |
Cash | JP¥18.36b |
Equity | JP¥190.26b |
Total liabilities | JP¥166.13b |
Total assets | JP¥356.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUCE.F's short term assets (¥114.7B) exceed its short term liabilities (¥93.1B).
Long Term Liabilities: SUCE.F's short term assets (¥114.7B) exceed its long term liabilities (¥73.0B).
Debt to Equity History and Analysis
Debt Level: SUCE.F's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: SUCE.F's debt to equity ratio has increased from 34.2% to 48.6% over the past 5 years.
Debt Coverage: SUCE.F's debt is well covered by operating cash flow (20.7%).
Interest Coverage: SUCE.F earns more interest than it pays, so coverage of interest payments is not a concern.