Vector Balance Sheet Health
Financial Health criteria checks 6/6
Vector has a total shareholder equity of ¥19.3B and total debt of ¥12.4B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are ¥43.2B and ¥23.9B respectively. Vector's EBIT is ¥7.5B making its interest coverage ratio 7523. It has cash and short-term investments of ¥16.0B.
Key information
64.4%
Debt to equity ratio
JP¥12.44b
Debt
| Interest coverage ratio | 7523x |
| Cash | JP¥15.98b |
| Equity | JP¥19.33b |
| Total liabilities | JP¥23.92b |
| Total assets | JP¥43.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7MZ's short term assets (¥32.3B) exceed its short term liabilities (¥15.3B).
Long Term Liabilities: 7MZ's short term assets (¥32.3B) exceed its long term liabilities (¥8.6B).
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 78.2% to 64.4% over the past 5 years.
Debt Coverage: 7MZ's debt is well covered by operating cash flow (41%).
Interest Coverage: 7MZ's interest payments on its debt are well covered by EBIT (7523x coverage).