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 ratio | n/a |
Cash | JP¥6.15b |
Equity | JP¥3.04b |
Total liabilities | JP¥6.40b |
Total assets | JP¥9.45b |
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.