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Credit Rating Analysis: VANTEC (Annual )

The details of credit rating (bankruptcy risk) can be checked. A credit rating in nine stages (AAA-C).

【Analysis Menu】 @Outline @Statement @Rating @Indicator @Download

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Credit Rating (Bankruptcy Risk): VANTEC (Annual ) Consolidated | Non-Consolidated

Date Credit Rating Comment Sales Current Profit Net Income
2011-03-31  B  Credit is not enough, easily undermined by biz environs. ¥ 131 B
16.12%
¥ 6 B
37.08%
¥ 2 B
-9.20%

Financial Timeline

Date  2011-03-31 
(Annual )
 2011-06-30 
(First quarter )
 2011-09-30 
(Second quarter )
 2011-12-31 
(Third quarter )
Credit Rating BBBBAAAA
Total Assets
¥ 67 B
¥ 63 B
¥ 62 B
¥ 64 B
Net Assets
¥ 24 B
¥ 24 B
¥ 25 B
¥ 26 B

Financial Statement Risk Analysis: VANTEC (Annual ) (Consolidated )

Special note
Net Assets have increased 3consecutive terms. The fiscal base is getting better.
[Date: 2011-03-31]  Danger : Warning : Caution : Good
Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -2 B) is a minus, Issuance of new shares (¥ 21 M) is plus. Because a possibility of having appropriated the capital-increase fund for repayment of borrowed money is high , there is a possibility that the financing is extremely severe.
Management Risk (*Net Income is decrease )
Net Income (¥ 2 B) is first term Net Income (¥ 2 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Net Profit Margin is decrease )
Net Profit Margin (1.71%) is first term Net Profit Margin (2.19%) less , there is a possibility that the profitability has deteriorated.
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -817 M) & Financial Cash Flow (¥ -2 B) is a minus, Operating Cash Flow (¥ 4 B) is a plus,
Dividend
Under the situation of Net Income (¥ 2 B) & Operating Cash Flow (¥ 4 B) , Dividend (¥ -1 B) is paid.
Financing Risk (*Operating Cash Flow is decrease )
Sales (¥ 131 B) is first term (¥ 113 B) more, however Operating Cash Flow (¥ 4 B) is first term (¥ 4 B) less , there is a possibility that the financing has deteriorated very much.
[Date: 2010-03-31]  Danger : Warning : Caution : Good
Financing Risk (*Issuance of new shares)
Financial Cash Flow (¥ -2 B) is a minus, Issuance of new shares (¥ 13 M) is plus. Because a possibility of having appropriated the capital-increase fund for repayment of borrowed money is high , there is a possibility that the financing is extremely severe.
Management Risk (*Sales is decrease )
Sales (¥ 113 B) is first term Sales (¥ 140 B) less , there is a possibility that the management situation has stagnated and deteriorated
Management Risk (*Gross Income is decrease )
Gross Income (¥ 95 B) is first term Gross Income (¥ 122 B) less , there is a possibility that the management situation has stagnated and deteriorated
Financing Good (*Operating Cash Flow is plus )
Investment Cash Flow (¥ -1 B) & Financial Cash Flow (¥ -2 B) is a minus, Operating Cash Flow (¥ 4 B) is a plus,
Dividend
Under the situation of Net Income (¥ 2 B) & Operating Cash Flow (¥ 4 B) , Dividend (¥ -713 M) is paid.
Non-performing asset Risk (*Accounts Receivable and Inventory, etc. confirmed content)
Other Current Assets first term ratio (¥ 2 B) is Sales first term ratio (¥ -26 B) more , there is a possibility that the non-performing asset was increased.
[Date: 2009-03-31]  Danger : Warning : Caution : Good
Dividend
Under the situation of Net Income (¥ 362 M) & Operating Cash Flow (¥ 2 B) , Dividend (¥ -1 B) is paid.

Ticker Market Industry Month report Rating
@ VANTEC 9382 TSE 1st Road Transportation 3 Annual B

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