Sumco Balance Sheet Health
Financial Health criteria checks 5/6
Sumco has a total shareholder equity of ¥640.1B and total debt of ¥329.3B, which brings its debt-to-equity ratio to 51.4%. Its total assets and total liabilities are ¥1,180.5B and ¥540.4B respectively. Sumco's EBIT is ¥55.4B making its interest coverage ratio -68.7. It has cash and short-term investments of ¥198.7B.
Key information
51.4%
Debt to equity ratio
JP¥329.30b
Debt
Interest coverage ratio | -68.7x |
Cash | JP¥198.66b |
Equity | JP¥640.08b |
Total liabilities | JP¥540.40b |
Total assets | JP¥1.18t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUMC.F's short term assets (¥518.8B) exceed its short term liabilities (¥205.7B).
Long Term Liabilities: SUMC.F's short term assets (¥518.8B) exceed its long term liabilities (¥334.7B).
Debt to Equity History and Analysis
Debt Level: SUMC.F's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: SUMC.F's debt to equity ratio has increased from 45.6% to 51.4% over the past 5 years.
Debt Coverage: SUMC.F's debt is well covered by operating cash flow (29.3%).
Interest Coverage: SUMC.F earns more interest than it pays, so coverage of interest payments is not a concern.