Sumitomo Corporation

Sumitomo Corporationverified

SSUMY

Price:

$22.18

Market Cap:

$3.86T

Sumitomo Corporation engages in general trading business worldwide. It operates through six segments: Metal Products; Transportation & Construction Systems; Infrastructure; Media & Digital; Living Related & Real Estate; and Mineral Resources, Energy, Chemical & Electronics. The company provides steel sheets and tubular products; and manufactures, leases, sells, services, and finances ships, aircrafts, motor vehicles, construction equipment, and components and parts. It is also involved in the development of renewable energy projects comprising power generation and power plant engineering, procurement, and construction activities; electricity retail; industrial facilities and equipment, water...[Read more]

Industry

Conglomerates

IPO Date

2006-01-27

Stock Exchange

PNK

Ticker

SSUMY

The Current Ratio as of September 2024 (TTM) for Sumitomo Corporation (SSUMY) is 1.65

According to Sumitomo Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of -0.61% compared to the average of 1.66 of the last 4 quarters.

Sumitomo Corporation (SSUMY) Historical Current Ratio (quarterly & annually)

How has SSUMY Current Ratio performed in the past?

The mean historical Current Ratio of Sumitomo Corporation over the last ten years is 1.58. The current 1.65 Current Ratio has changed 10.36% with respect to the historical average. Over the past ten years (40 quarters), SSUMY's Current Ratio was at its highest in in the September 2023 quarter at 1.70. The Current Ratio was at its lowest in in the December 2021 quarter at 1.47.

Quarterly (TTM)
Annual

Average

1.58

Median

1.57

Minimum

1.51

Maximum

1.67

Sumitomo Corporation (SSUMY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Sumitomo Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 8.85%

Maximum Annual Current Ratio = 1.67

Minimum Annual Increase = -4.46%

Minimum Annual Current Ratio = 1.51

Quarterly (TTM)
Annual
YearCurrent RatioChange
20241.671.44%
20231.648.85%
20221.51-2.08%
20211.540.13%
20201.54-1.09%
20191.56-3.37%
20181.615.56%
20171.53-4.46%
20161.600.32%
20151.59-4.21%

Sumitomo Corporation (SSUMY) Average Current Ratio

How has SSUMY Current Ratio performed in the past?

The current Current Ratio of Sumitomo Corporation (SSUMY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.61

5-year avg

1.58

10-year avg

1.58

Sumitomo Corporation (SSUMY) Current Ratio vs. Peers

How is SSUMY’s Current Ratio compared to its peers?

Sumitomo Corporation’s Current Ratio is greater than Mitsui & Co., Ltd. (1.42), greater than ITOCHU Corporation (1.29), greater than Mitsubishi Corporation (1.42), greater than ITOCHU Corporation (1.29), greater than Marubeni Corporation (1.38), less than Mitsui & Co., Ltd. (0), greater than null (1.42),

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