V Technology Balance Sheet Health
Financial Health criteria checks 4/6
V Technology has a total shareholder equity of ¥33.8B and total debt of ¥19.6B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are ¥74.4B and ¥40.6B respectively. V Technology's EBIT is ¥540.0M making its interest coverage ratio 135. It has cash and short-term investments of ¥25.1B.
Key information
58.0%
Debt to equity ratio
JP¥19.63b
Debt
| Interest coverage ratio | 135x |
| Cash | JP¥25.06b |
| Equity | JP¥33.84b |
| Total liabilities | JP¥40.56b |
| Total assets | JP¥74.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VCHY.F's short term assets (¥65.5B) exceed its short term liabilities (¥29.9B).
Long Term Liabilities: VCHY.F's short term assets (¥65.5B) exceed its long term liabilities (¥10.7B).
Debt to Equity History and Analysis
Debt Level: VCHY.F has more cash than its total debt.
Reducing Debt: VCHY.F's debt to equity ratio has increased from 14.2% to 58% over the past 5 years.
Debt Coverage: VCHY.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VCHY.F's interest payments on its debt are well covered by EBIT (135x coverage).