Sumitomo Realty & Development Balance Sheet Health
Financial Health criteria checks 3/6
Sumitomo Realty & Development has a total shareholder equity of ¥1,982.1B and total debt of ¥4,022.8B, which brings its debt-to-equity ratio to 203%. Its total assets and total liabilities are ¥6,585.1B and ¥4,603.0B respectively. Sumitomo Realty & Development's EBIT is ¥248.4B making its interest coverage ratio -113.2. It has cash and short-term investments of ¥214.2B.
Key information
203.0%
Debt to equity ratio
JP¥4.02t
Debt
Interest coverage ratio | -113.2x |
Cash | JP¥214.17b |
Equity | JP¥1.98t |
Total liabilities | JP¥4.60t |
Total assets | JP¥6.59t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SURD.F's short term assets (¥1,080.4B) exceed its short term liabilities (¥951.6B).
Long Term Liabilities: SURD.F's short term assets (¥1,080.4B) do not cover its long term liabilities (¥3,651.4B).
Debt to Equity History and Analysis
Debt Level: SURD.F's net debt to equity ratio (192.1%) is considered high.
Reducing Debt: SURD.F's debt to equity ratio has reduced from 285.4% to 203% over the past 5 years.
Debt Coverage: SURD.F's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: SURD.F earns more interest than it pays, so coverage of interest payments is not a concern.