Vector Balance Sheet Health
Financial Health criteria checks 6/6
Vector has a total shareholder equity of ¥20.0B and total debt of ¥11.7B, which brings its debt-to-equity ratio to 58.6%. Its total assets and total liabilities are ¥43.6B and ¥23.6B respectively. Vector's EBIT is ¥6.9B making its interest coverage ratio 58.3. It has cash and short-term investments of ¥20.6B.
Key information
58.6%
Debt to equity ratio
JP¥11.70b
Debt
Interest coverage ratio | 58.3x |
Cash | JP¥20.64b |
Equity | JP¥19.97b |
Total liabilities | JP¥23.65b |
Total assets | JP¥43.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 6058's short term assets (¥33.2B) exceed its short term liabilities (¥13.7B).
Long Term Liabilities: 6058's short term assets (¥33.2B) exceed its long term liabilities (¥10.0B).
Debt to Equity History and Analysis
Debt Level: 6058 has more cash than its total debt.
Reducing Debt: 6058's debt to equity ratio has reduced from 88.3% to 58.6% over the past 5 years.
Debt Coverage: 6058's debt is well covered by operating cash flow (38%).
Interest Coverage: 6058's interest payments on its debt are well covered by EBIT (58.3x coverage).