ULVAC Balance Sheet Health
Financial Health criteria checks 5/6
ULVAC has a total shareholder equity of ¥204.9B and total debt of ¥42.0B, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are ¥353.5B and ¥148.6B respectively. ULVAC's EBIT is ¥19.9B making its interest coverage ratio -52.2. It has cash and short-term investments of ¥98.4B.
Key information
20.5%
Debt to equity ratio
JP¥41.96b
Debt
| Interest coverage ratio | -52.2x |
| Cash | JP¥98.40b |
| Equity | JP¥204.85b |
| Total liabilities | JP¥148.62b |
| Total assets | JP¥353.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ULVA.F's short term assets (¥255.3B) exceed its short term liabilities (¥106.8B).
Long Term Liabilities: ULVA.F's short term assets (¥255.3B) exceed its long term liabilities (¥41.9B).
Debt to Equity History and Analysis
Debt Level: ULVA.F has more cash than its total debt.
Reducing Debt: ULVA.F's debt to equity ratio has reduced from 23.2% to 20.5% over the past 5 years.
Debt Coverage: ULVA.F's debt is not well covered by operating cash flow (2.4%).
Interest Coverage: ULVA.F earns more interest than it pays, so coverage of interest payments is not a concern.