Vinx Balance Sheet Health
Financial Health criteria checks 6/6
Vinx has a total shareholder equity of ¥14.8B and total debt of ¥382.0M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ¥22.2B and ¥7.4B respectively. Vinx's EBIT is ¥3.4B making its interest coverage ratio -87.9. It has cash and short-term investments of ¥10.3B.
Key information
2.6%
Debt to equity ratio
JP¥382.00m
Debt
| Interest coverage ratio | -87.9x |
| Cash | JP¥10.29b |
| Equity | JP¥14.83b |
| Total liabilities | JP¥7.36b |
| Total assets | JP¥22.18b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3784's short term assets (¥18.2B) exceed its short term liabilities (¥5.8B).
Long Term Liabilities: 3784's short term assets (¥18.2B) exceed its long term liabilities (¥1.6B).
Debt to Equity History and Analysis
Debt Level: 3784 has more cash than its total debt.
Reducing Debt: 3784's debt to equity ratio has reduced from 24.7% to 2.6% over the past 5 years.
Debt Coverage: 3784's debt is well covered by operating cash flow (707.1%).
Interest Coverage: 3784 earns more interest than it pays, so coverage of interest payments is not a concern.