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Sumitomo Mitsui Financial Group Liabilities-to-Assets

: 0.95 (As of Mar. 2022)
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Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Sumitomo Mitsui Financial Group's Total Liabilities for the quarter that ended in Mar. 2022 was $2,070,439 Mil. Sumitomo Mitsui Financial Group's Total Assets for the quarter that ended in Mar. 2022 was $2,173,303 Mil. Therefore, Sumitomo Mitsui Financial Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2022 was 0.95.


Sumitomo Mitsui Financial Group Liabilities-to-Assets Historical Data

The historical data trend for Sumitomo Mitsui Financial Group's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sumitomo Mitsui Financial Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Liabilities-to-Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.94 0.95 0.95 0.95

Sumitomo Mitsui Financial Group Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Liabilities-to-Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.95 0.95 0.95 0.95

Competitive Comparison

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Sumitomo Mitsui Financial Group Liabilities-to-Assets Distribution

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's Liabilities-to-Assets falls into.



Sumitomo Mitsui Financial Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Sumitomo Mitsui Financial Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2022 is calculated as:

Liabilities-to-Assets (A: Mar. 2022 )=Total Liabilities/Total Assets
=2070439.18993/2173303.0493163
=0.95

Sumitomo Mitsui Financial Group's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2022 is calculated as

Liabilities-to-Assets (Q: Mar. 2022 )=Total Liabilities/Total Assets
=2070439.18993/2173303.0493163
=0.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sumitomo Mitsui Financial Group  (NYSE:SMFG) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Sumitomo Mitsui Financial Group Liabilities-to-Assets Related Terms

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Sumitomo Mitsui Financial Group Business Description

Sumitomo Mitsui Financial Group logo
Industry
Financial Services » Banks NAICS : 522110 SIC : 6029
Address
1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second- largest bank after Mitsubishi UFJ Financial Group. As of March 2021, its market share of domestic loans was 7.0%, compared with 8.5% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third- largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management, areas that it is working on strengthening.

Sumitomo Mitsui Financial Group Headlines

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