Sumitomo Net Debt vs Asset Turnover Analysis

SMFG Stock

USD 15.07 0.05 0.33%

Sumitomo Mitsui financial indicator trend analysis is much more than just breaking down Sumitomo Mitsui Financial prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Sumitomo Mitsui Financial is a good investment. Please check the relationship between Sumitomo Mitsui Net Debt and its Asset Turnover accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Sumitomo Mitsui Financial Net Debt account and Asset Turnover. At this time, the significance of the direction appears to have strong relationship.

The correlation between Sumitomo Mitsui's Net Debt and Asset Turnover is 0.77. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Asset Turnover in the same time period over historical financial statements of Sumitomo Mitsui Financial, assuming nothing else is changed. The correlation between historical values of Sumitomo Mitsui's Net Debt and Asset Turnover is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Sumitomo Mitsui Financial are associated (or correlated) with its Asset Turnover. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Asset Turnover has no effect on the direction of Net Debt i.e., Sumitomo Mitsui's Net Debt and Asset Turnover go up and down completely randomly.

Correlation Coefficient

0.77

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Asset Turnover

The ratio of net sales to average total assets, indicating how efficiently a company uses its assets to generate sales.

Most indicators from Sumitomo Mitsui's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Sumitomo Mitsui Financial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

The Sumitomo Mitsui's current Issuance Of Capital Stock is estimated to increase to about 270.1 M, while Selling General Administrative is projected to decrease to roughly 1.6 T.

	2022	2023	2024	2025 (projected)
Gross Profit	3.8T	4.4T	5.1T	3.5T
Total Revenue	3.8T	4.4T	5.1T	3.7T

Gross Profit Total Revenue

Sumitomo Mitsui fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock	Net Receivables	Good Will	Other Current Assets	Other Liab	Accounts Payable
Total Assets		0.81	0.44	0.8	-0.04	-0.79	0.83	0.81	0.4	0.47	-0.17	0.73	0.71	0.67	0.56	-0.75	1.0	-0.11	0.46	0.15	0.71	-0.39	0.13	0.73	0.71	0.62
Short Long Term Debt Total	0.81		0.65	0.97	0.08	-0.79	0.95	0.93	0.62	0.67	-0.31	0.93	0.62	0.76	0.77	-0.78	0.81	0.05	0.71	0.14	0.65	-0.42	0.17	0.55	0.79	0.72
Total Current Liabilities	0.44	0.65		0.73	-0.19	-0.37	0.65	0.59	0.99	0.99	-0.82	0.83	0.11	0.66	0.98	-0.48	0.44	-0.32	0.86	0.18	0.15	-0.33	0.01	0.47	0.74	0.75
Total Stockholder Equity	0.8	0.97	0.73		0.02	-0.84	0.98	0.97	0.69	0.76	-0.39	0.97	0.5	0.8	0.84	-0.69	0.8	-0.05	0.75	0.01	0.53	-0.48	0.01	0.64	0.87	0.78
Property Plant And Equipment Net	-0.04	0.08	-0.19	0.02		0.08	-0.03	-0.04	-0.12	-0.19	0.37	0.01	0.34	-0.37	-0.14	-0.19	-0.05	0.73	0.23	0.06	0.34	0.59	0.39	-0.34	-0.23	-0.32
Net Debt	-0.79	-0.79	-0.37	-0.84	0.08		-0.89	-0.94	-0.3	-0.43	0.02	-0.72	-0.34	-0.72	-0.53	0.42	-0.8	0.12	-0.36	0.29	-0.36	0.57	0.3	-0.78	-0.78	-0.63
Retained Earnings	0.83	0.95	0.65	0.98	-0.03	-0.89		0.98	0.61	0.69	-0.3	0.94	0.5	0.8	0.78	-0.67	0.83	-0.11	0.66	-0.03	0.53	-0.48	-0.05	0.66	0.87	0.77
Cash	0.81	0.93	0.59	0.97	-0.04	-0.94	0.98		0.53	0.63	-0.22	0.89	0.43	0.81	0.73	-0.58	0.81	-0.08	0.59	-0.12	0.46	-0.55	-0.13	0.72	0.86	0.75
Non Current Assets Total	0.4	0.62	0.99	0.69	-0.12	-0.3	0.61	0.53		0.98	-0.83	0.83	0.15	0.56	0.96	-0.49	0.4	-0.26	0.89	0.22	0.19	-0.25	0.06	0.38	0.66	0.68
Non Currrent Assets Other	0.47	0.67	0.99	0.76	-0.19	-0.43	0.69	0.63	0.98		-0.82	0.85	0.11	0.69	0.99	-0.47	0.47	-0.32	0.85	0.14	0.15	-0.35	-0.06	0.52	0.77	0.77
Other Assets	-0.17	-0.31	-0.82	-0.39	0.37	0.02	-0.3	-0.22	-0.83	-0.82		-0.52	0.08	-0.44	-0.75	0.22	-0.17	0.38	-0.58	-0.11	0.05	0.31	0.02	-0.28	-0.47	-0.54
Cash And Short Term Investments	0.73	0.93	0.83	0.97	0.01	-0.72	0.94	0.89	0.83	0.85	-0.52		0.48	0.71	0.92	-0.71	0.73	-0.1	0.86	0.1	0.52	-0.4	0.06	0.54	0.82	0.75
Common Stock Total Equity	0.71	0.62	0.11	0.5	0.34	-0.34	0.5	0.43	0.15	0.11	0.08	0.48		0.17	0.21	-0.88	0.7	0.32	0.41	0.43	1.0	0.0	0.65	0.06	0.23	0.15
Common Stock Shares Outstanding	0.67	0.76	0.66	0.8	-0.37	-0.72	0.8	0.81	0.56	0.69	-0.44	0.71	0.17		0.72	-0.45	0.67	-0.41	0.41	0.01	0.2	-0.55	-0.15	0.73	0.93	0.89
Non Current Liabilities Total	0.56	0.77	0.98	0.84	-0.14	-0.53	0.78	0.73	0.96	0.99	-0.75	0.92	0.21	0.72		-0.55	0.56	-0.27	0.88	0.13	0.25	-0.38	-0.03	0.55	0.81	0.79
Other Stockholder Equity	-0.75	-0.78	-0.48	-0.69	-0.19	0.42	-0.67	-0.58	-0.49	-0.47	0.22	-0.71	-0.88	-0.45	-0.55		-0.75	-0.18	-0.63	-0.54	-0.89	0.07	-0.6	-0.2	-0.54	-0.48
Total Liab	1.0	0.81	0.44	0.8	-0.05	-0.8	0.83	0.81	0.4	0.47	-0.17	0.73	0.7	0.67	0.56	-0.75		-0.12	0.46	0.15	0.7	-0.39	0.13	0.73	0.72	0.63
Property Plant And Equipment Gross	-0.11	0.05	-0.32	-0.05	0.73	0.12	-0.11	-0.08	-0.26	-0.32	0.38	-0.1	0.32	-0.41	-0.27	-0.18	-0.12		0.05	-0.04	0.32	0.22	0.42	-0.36	-0.29	-0.38
Total Current Assets	0.46	0.71	0.86	0.75	0.23	-0.36	0.66	0.59	0.89	0.85	-0.58	0.86	0.41	0.41	0.88	-0.63	0.46	0.05		0.25	0.44	-0.15	0.24	0.27	0.57	0.54
Short Term Debt	0.15	0.14	0.18	0.01	0.06	0.29	-0.03	-0.12	0.22	0.14	-0.11	0.1	0.43	0.01	0.13	-0.54	0.15	-0.04	0.25		0.43	0.4	0.62	-0.25	-0.01	0.09
Common Stock	0.71	0.65	0.15	0.53	0.34	-0.36	0.53	0.46	0.19	0.15	0.05	0.52	1.0	0.2	0.25	-0.89	0.7	0.32	0.44	0.43		-0.01	0.65	0.06	0.26	0.18
Net Receivables	-0.39	-0.42	-0.33	-0.48	0.59	0.57	-0.48	-0.55	-0.25	-0.35	0.31	-0.4	0.0	-0.55	-0.38	0.07	-0.39	0.22	-0.15	0.4	-0.01		0.28	-0.59	-0.48	-0.48
Good Will	0.13	0.17	0.01	0.01	0.39	0.3	-0.05	-0.13	0.06	-0.06	0.02	0.06	0.65	-0.15	-0.03	-0.6	0.13	0.42	0.24	0.62	0.65	0.28		-0.38	-0.12	0.01
Other Current Assets	0.73	0.55	0.47	0.64	-0.34	-0.78	0.66	0.72	0.38	0.52	-0.28	0.54	0.06	0.73	0.55	-0.2	0.73	-0.36	0.27	-0.25	0.06	-0.59	-0.38		0.75	0.71
Other Liab	0.71	0.79	0.74	0.87	-0.23	-0.78	0.87	0.86	0.66	0.77	-0.47	0.82	0.23	0.93	0.81	-0.54	0.72	-0.29	0.57	-0.01	0.26	-0.48	-0.12	0.75		0.91
Accounts Payable	0.62	0.72	0.75	0.78	-0.32	-0.63	0.77	0.75	0.68	0.77	-0.54	0.75	0.15	0.89	0.79	-0.48	0.63	-0.38	0.54	0.09	0.18	-0.48	0.01	0.71	0.91

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Sumitomo Mitsui Account Relationship Matchups

Sumitomo Mitsui fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	242.6T	257.7T	270.4T	295.2T	339.5T	172.3T
Short Long Term Debt Total	30.4T	32.1T	29.4T	34.3T	39.4T	41.4T
Total Current Liabilities	2.8T	1.9T	1.9T	190.1T	218.6T	229.5T
Total Stockholder Equity	11.8T	12.1T	12.7T	14.7T	16.9T	17.7T
Property Plant And Equipment Net	1.5T	1.5T	1.5T	1.3T	1.5T	1.8T
Net Debt	(42.2T)	(42.7T)	(46.5T)	(43.9T)	(39.5T)	(37.5T)
Retained Earnings	6.5T	6.9T	7.4T	7.8T	9.0T	9.5T
Cash	72.6T	74.8T	75.9T	78.1T	89.9T	94.4T
Non Current Assets Total	2.6T	2.8T	2.7T	205.8T	236.7T	248.6T
Non Currrent Assets Other	(2.6T)	(2.8T)	(2.7T)	191.8T	220.6T	231.6T
Other Assets	170.4T	182.8T	194.5T	(160.1T)	(184.1T)	(174.9T)
Cash And Short Term Investments	69.7T	72.2T	73.2T	117.9T	135.6T	142.4T
Common Stock Shares Outstanding	4.1B	4.1B	4.1B	4.0B	4.6B	4.8B
Liabilities And Stockholders Equity	242.6T	257.7T	270.4T	295.2T	339.5T	172.3T
Non Current Liabilities Total	20.2T	20.8T	22.4T	90.3T	103.9T	109.1T
Other Stockholder Equity	679.5B	680.3B	542.3B	442.5B	398.2B	565.9B
Total Liab	230.7T	245.5T	257.6T	280.4T	322.5T	163.5T
Property Plant And Equipment Gross	1.5T	1.5T	1.5T	1.0T	1.2T	1.6T
Total Current Assets	69.7T	72.2T	73.2T	249.5T	286.9T	301.3T
Accumulated Other Comprehensive Income	2.3T	2.2T	2.4T	4.0T	4.6T	4.9T
Short Term Debt	3.1T	3.0T	4.9T	5.6T	6.4T	3.9T
Common Stock	2.3T	2.3T	2.3T	2.3T	2.7T	2.0T
Net Receivables	236.4B	228.6B	226.3B	207.6B	186.9B	177.5B
Good Will	147.5B	320.6B	277.3B	268.8B	309.2B	249.5B
Other Current Assets	107.8T	129.1T	121.0T	131.3T	151.0T	92.9T
Other Liab	3.3T	8.5T	10.1T	14.0T	16.1T	16.9T
Accounts Payable	2.3T	2.3T	161.7T	171.8T	197.6T	207.4T
Long Term Debt	28.7T	29.1T	24.5T	28.7T	33.0T	34.6T
Short Term Investments	31.0T	(2.6T)	(2.7T)	39.8T	45.8T	48.1T
Intangible Assets	591.3B	578.2B	620.5B	707.9B	814.1B	464.9B
Property Plant Equipment	1.8T	1.5T	1.5T	2.4T	2.8T	2.9T
Other Current Liab	(5.4T)	(3.0T)	(2.4T)	184.5T	212.2T	222.8T
Inventory	(92.5T)	(129.3T)	(121.2T)	78.0T	70.2T	73.7T
Net Tangible Assets	10.0T	11.1T	11.2T	12.7T	14.6T	9.9T
Long Term Investments	47.8T	51.3T	47.5T	54.8T	63.0T	33.4T
Short Long Term Debt	1.7T	3.0T	4.9T	5.6T	5.0T	5.0T

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When determining whether Sumitomo Mitsui Financial is a strong investment it is important to analyze Sumitomo Mitsui's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sumitomo Mitsui's future performance. For an informed investment choice regarding Sumitomo Stock, refer to the following important reports:

How To Invest In Sumitomo

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Is Sumitomo Stock a good investment?

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What is Sumitomo Mitsui's Net Worth?

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sumitomo Mitsui Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.

You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sumitomo Mitsui. If investors know Sumitomo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sumitomo Mitsui listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.525

Earnings Share

1.3

Revenue Per Share

567.4788

Quarterly Revenue Growth

0.183

Return On Assets

0.0035

The market value of Sumitomo Mitsui Financial is measured differently than its book value, which is the value of Sumitomo that is recorded on the company's balance sheet. Investors also form their own opinion of Sumitomo Mitsui's value that differs from its market value or its book value, called intrinsic value, which is Sumitomo Mitsui's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sumitomo Mitsui's market value can be influenced by many factors that don't directly affect Sumitomo Mitsui's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Sumitomo Mitsui's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sumitomo Mitsui is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sumitomo Mitsui's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Sumitomo Net Debt vs Asset Turnover Analysis

Net Debt vs Asset Turnover

Net Debt vs Asset Turnover Correlation Analysis

Correlation Coefficient

Net Debt

Asset Turnover

Sumitomo Mitsui fundamental ratios Correlations

Sumitomo Mitsui Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sumitomo Mitsui fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Assets
Common Stock	+ 1.0	Common Stock Total Equity
Non Current Assets Total	+ 0.99	Total Current Liabilities
Non Currrent Assets Other	+ 0.99	Total Current Liabilities
Non Current Liabilities Total	+ 0.99	Non Currrent Assets Other
Non Current Liabilities Total	+ 0.98	Total Current Liabilities

Cash	- 0.94	Net Debt
Common Stock	- 0.89	Other Stockholder Equity
Retained Earnings	- 0.89	Net Debt
Other Stockholder Equity	- 0.88	Common Stock Total Equity
Net Debt	- 0.84	Total Stockholder Equity
Other Assets	- 0.83	Non Current Assets Total