Sumco Balance Sheet Health
Financial Health criteria checks 5/6
Sumco has a total shareholder equity of ¥638.1B and total debt of ¥339.7B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are ¥1,134.7B and ¥496.6B respectively. Sumco's EBIT is ¥41.2B making its interest coverage ratio 572.2. It has cash and short-term investments of ¥111.9B.
Key information
53.2%
Debt to equity ratio
JP¥339.69b
Debt
| Interest coverage ratio | 572.2x |
| Cash | JP¥111.93b |
| Equity | JP¥638.09b |
| Total liabilities | JP¥496.60b |
| Total assets | JP¥1.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUOP.Y's short term assets (¥433.3B) exceed its short term liabilities (¥172.3B).
Long Term Liabilities: SUOP.Y's short term assets (¥433.3B) exceed its long term liabilities (¥324.3B).
Debt to Equity History and Analysis
Debt Level: SUOP.Y's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: SUOP.Y's debt to equity ratio has increased from 45.9% to 53.2% over the past 5 years.
Debt Coverage: SUOP.Y's debt is well covered by operating cash flow (23.5%).
Interest Coverage: SUOP.Y's interest payments on its debt are well covered by EBIT (572.2x coverage).