Vector Balance Sheet Health
Financial Health criteria checks 6/6
Vector has a total shareholder equity of ¥18.6B and total debt of ¥11.5B, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are ¥40.6B and ¥22.0B respectively. Vector's EBIT is ¥6.9B making its interest coverage ratio -26.4. It has cash and short-term investments of ¥14.3B.
Key information
61.8%
Debt to equity ratio
JP¥11.52b
Debt
| Interest coverage ratio | -26.4x |
| Cash | JP¥14.35b |
| Equity | JP¥18.64b |
| Total liabilities | JP¥21.96b |
| Total assets | JP¥40.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7MZ's short term assets (¥29.9B) exceed its short term liabilities (¥12.9B).
Long Term Liabilities: 7MZ's short term assets (¥29.9B) exceed its long term liabilities (¥9.1B).
Debt to Equity History and Analysis
Debt Level: 7MZ has more cash than its total debt.
Reducing Debt: 7MZ's debt to equity ratio has reduced from 83.9% to 61.8% over the past 5 years.
Debt Coverage: 7MZ's debt is well covered by operating cash flow (38.6%).
Interest Coverage: 7MZ earns more interest than it pays, so coverage of interest payments is not a concern.