Sumitomo Cash And Short Term Investments from 2010 to 2024

SMFG Stock  USD 14.92  0.08  0.53%   
Sumitomo Mitsui's Cash And Short Term Investments are increasing over the last several years with slightly volatile swings. Cash And Short Term Investments are estimated to finish at about 123.8 T this year. Cash And Short Term Investments is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. View All Fundamentals
 
Cash And Short Term Investments  
First Reported
2008-06-30
Previous Quarter
77.1 T
Current Value
73.6 T
Quarterly Volatility
31.1 T
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sumitomo Mitsui financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sumitomo Mitsui's main balance sheet or income statement drivers, such as Interest Expense of 4.5 T, Selling General Administrative of 1.6 T or Total Revenue of 3.7 T, as well as many indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.08 or PTB Ratio of 0.35. Sumitomo financial statements analysis is a perfect complement when working with Sumitomo Mitsui Valuation or Volatility modules.
  
Check out the analysis of Sumitomo Mitsui Correlation against competitors.

Latest Sumitomo Mitsui's Cash And Short Term Investments Growth Pattern

Below is the plot of the Cash And Short Term Investments of Sumitomo Mitsui Financial over the last few years. Short Term Investments is an account in the current assets section of Sumitomo Mitsui Financial balance sheet. This account contains Sumitomo Mitsui investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Sumitomo Mitsui Financial fairly quickly. It is the sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash. Sumitomo Mitsui's Cash And Short Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sumitomo Mitsui's overall financial position and show how it may be relating to other accounts over time.
Cash And Short Term Investments10 Years Trend
Slightly volatile
   Cash And Short Term Investments   
       Timeline  

Sumitomo Cash And Short Term Investments Regression Statistics

Arithmetic MeanHuge
Geometric MeanHuge
Coefficient Of Variation43.86
Mean DeviationHuge
MedianHuge
Standard DeviationHuge
Sample Variance870989511667232.2T
Range121.7T
R-Value0.89
Mean Square Error194254717690491.3T
R-Squared0.79
Slope5,876,266,378,214
Total Sum of Squares12193853163341246T

Sumitomo Cash And Short Term Investments History

2024123.8 T
2023117.9 T
202273.2 T
202172.2 T
202069.7 T
201983.3 T
201874.9 T

About Sumitomo Mitsui Financial Statements

Sumitomo Mitsui stakeholders use historical fundamental indicators, such as Sumitomo Mitsui's Cash And Short Term Investments, to determine how well the company is positioned to perform in the future. Although Sumitomo Mitsui investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sumitomo Mitsui's assets and liabilities are reflected in the revenues and expenses on Sumitomo Mitsui's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sumitomo Mitsui Financial. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Cash And Short Term Investments117.9 T123.8 T

Currently Active Assets on Macroaxis

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:
Check out the analysis of Sumitomo Mitsui Correlation against competitors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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
1.18
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.