TVE Balance Sheet Health
Financial Health criteria checks 5/6
TVE has a total shareholder equity of ¥10.2B and total debt of ¥443.0M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ¥13.6B and ¥3.4B respectively. TVE's EBIT is ¥1.1B making its interest coverage ratio -22.3. It has cash and short-term investments of ¥4.4B.
Key information
4.3%
Debt to equity ratio
JP¥443.00m
Debt
Interest coverage ratio | -22.3x |
Cash | JP¥4.42b |
Equity | JP¥10.19b |
Total liabilities | JP¥3.42b |
Total assets | JP¥13.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6466's short term assets (¥9.5B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 6466's short term assets (¥9.5B) exceed its long term liabilities (¥1.2B).
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 increased from 1% to 4.3% over the past 5 years.
Debt Coverage: 6466's debt is well covered by operating cash flow (250.8%).
Interest Coverage: 6466 earns more interest than it pays, so coverage of interest payments is not a concern.