TVE Balance Sheet Health

Financial Health criteria checks 6/6

TVE has a total shareholder equity of ¥11.1B and total debt of ¥365.0M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are ¥14.9B and ¥3.8B respectively. TVE's EBIT is ¥1.3B making its interest coverage ratio -29.4. It has cash and short-term investments of ¥5.5B.

Key information

3.3%

Debt to equity ratio

JP¥365.00m

Debt

Interest coverage ratio-29.4x
CashJP¥5.51b
EquityJP¥11.13b
Total liabilitiesJP¥3.77b
Total assetsJP¥14.90b

Recent financial health updates

No updates

Recent updates

Unpleasant Surprises Could Be In Store For TVE Co., Ltd.'s (TSE:6466) Shares

Aug 06
Unpleasant Surprises Could Be In Store For TVE Co., Ltd.'s (TSE:6466) Shares

Financial Position Analysis

Short Term Liabilities: 6466's short term assets (¥10.2B) exceed its short term liabilities (¥2.5B).

Long Term Liabilities: 6466's short term assets (¥10.2B) exceed its long term liabilities (¥1.3B).


Debt to Equity History and Analysis

Debt Level: 6466 has more cash than its total debt.

Reducing Debt: 6466's debt to equity ratio has reduced from 4.4% to 3.3% over the past 5 years.

Debt Coverage: 6466's debt is well covered by operating cash flow (446.6%).

Interest Coverage: 6466 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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