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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/21 01:40 |
| End of Day Share Price | 2024/05/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
V Technology Co., Ltd. is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hirokazu Mitsuda | Daiwa Securities Co. Ltd. |
| Masahiro Nakanomyo | Jefferies LLC |
| Hisashi Moriyama | J.P. Morgan |