Virtualex Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Virtualex Holdings has a total shareholder equity of ¥1.7B and total debt of ¥741.0M, which brings its debt-to-equity ratio to 44%. Its total assets and total liabilities are ¥3.4B and ¥1.7B respectively. Virtualex Holdings's EBIT is ¥411.0M making its interest coverage ratio -411. It has cash and short-term investments of ¥1.2B.
Key information
44.0%
Debt to equity ratio
JP¥741.00m
Debt
Interest coverage ratio | -411x |
Cash | JP¥1.23b |
Equity | JP¥1.69b |
Total liabilities | JP¥1.73b |
Total assets | JP¥3.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6193's short term assets (¥2.7B) exceed its short term liabilities (¥1.4B).
Long Term Liabilities: 6193's short term assets (¥2.7B) exceed its long term liabilities (¥320.0M).
Debt to Equity History and Analysis
Debt Level: 6193 has more cash than its total debt.
Reducing Debt: 6193's debt to equity ratio has reduced from 48.8% to 44% over the past 5 years.
Debt Coverage: 6193's debt is well covered by operating cash flow (42.5%).
Interest Coverage: 6193 earns more interest than it pays, so coverage of interest payments is not a concern.