Vario Secure Balance Sheet Health
Financial Health criteria checks 5/6
Vario Secure has a total shareholder equity of ¥5.5B and total debt of ¥1.3B, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are ¥7.6B and ¥2.1B respectively. Vario Secure's EBIT is ¥520.8M making its interest coverage ratio 44.8. It has cash and short-term investments of ¥822.3M.
Key information
23.4%
Debt to equity ratio
JP¥1.30b
Debt
Interest coverage ratio | 44.8x |
Cash | JP¥822.30m |
Equity | JP¥5.55b |
Total liabilities | JP¥2.10b |
Total assets | JP¥7.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4494's short term assets (¥1.6B) exceed its short term liabilities (¥776.4M).
Long Term Liabilities: 4494's short term assets (¥1.6B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 4494's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 4494's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 4494's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 4494's interest payments on its debt are well covered by EBIT (44.8x coverage).