VIA HoldingsInc Balance Sheet Health
Financial Health criteria checks 3/6
VIA HoldingsInc has a total shareholder equity of ¥1.3B and total debt of ¥2.9B, which brings its debt-to-equity ratio to 221.8%. Its total assets and total liabilities are ¥7.3B and ¥6.0B respectively. VIA HoldingsInc's EBIT is ¥325.0M making its interest coverage ratio 3.8. It has cash and short-term investments of ¥1.8B.
Key information
221.8%
Debt to equity ratio
JP¥2.90b
Debt
Interest coverage ratio | 3.8x |
Cash | JP¥1.78b |
Equity | JP¥1.31b |
Total liabilities | JP¥6.01b |
Total assets | JP¥7.31b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7918's short term assets (¥2.8B) exceed its short term liabilities (¥2.5B).
Long Term Liabilities: 7918's short term assets (¥2.8B) do not cover its long term liabilities (¥3.5B).
Debt to Equity History and Analysis
Debt Level: 7918's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: 7918's debt to equity ratio has reduced from 271.6% to 221.8% over the past 5 years.
Debt Coverage: 7918's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 7918's interest payments on its debt are well covered by EBIT (3.8x coverage).