VELTRA Balance Sheet Health

Financial Health criteria checks 6/6

VELTRA has a total shareholder equity of ¥3.0B and total debt of ¥500.0M, which brings its debt-to-equity ratio to 16.4%. Its total assets and total liabilities are ¥9.4B and ¥6.4B respectively.

Key information

16.4%

Debt to equity ratio

JP¥500.00m

Debt

Interest coverage ration/a
CashJP¥6.15b
EquityJP¥3.04b
Total liabilitiesJP¥6.40b
Total assetsJP¥9.45b

Recent financial health updates

Recent updates

Rock star Growth Puts VELTRA (TSE:7048) In A Position To Use Debt

Aug 29
Rock star Growth Puts VELTRA (TSE:7048) In A Position To Use Debt

The Price Is Right For VELTRA Corporation (TSE:7048)

Jul 18
The Price Is Right For VELTRA Corporation (TSE:7048)

Financial Position Analysis

Short Term Liabilities: 7048's short term assets (¥8.6B) exceed its short term liabilities (¥6.4B).

Long Term Liabilities: 7048's short term assets (¥8.6B) exceed its long term liabilities (¥3.0M).


Debt to Equity History and Analysis

Debt Level: 7048 has more cash than its total debt.

Reducing Debt: 7048's debt to equity ratio has reduced from 24.1% to 16.4% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 7048 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 7048 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28.5% per year.


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