Advantest (VANA) Ratios
Advantest Ratios
DE:VANA's free cash flow for Q2 2026 was $157.73B. For the 2026 fiscal year, DE:VANA's free cash flow was decreased by $-11.57B and operating cash flow was $169.29B. See a summary of the company’s cash flow.
| Ratios | Mar 26 | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 2.53 | 1.94 | 3.33 | 2.14 | 2.02 |
| Quick Ratio | 1.83 | 1.26 | 1.71 | 1.18 | 1.39 |
| Cash Ratio | 1.03 | 0.85 | 0.84 | 0.49 | 0.77 |
| Solvency Ratio | 1.05 | 0.54 | 0.37 | 0.66 | 0.51 |
| Operating Cash Flow Ratio | 1.07 | 0.92 | 0.26 | 0.40 | 0.52 |
| Short-Term Operating Cash Flow Coverage | 71.26 | 3.82 | 0.00 | 5.26 | 4.30 |
| Net Current Asset Value | $ 462.31B | $ 252.08B | $ 180.21B | $ 143.16B | $ 104.87B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.02 | 0.11 | 0.14 | 0.08 | 0.09 |
| Debt-to-Equity Ratio | 0.03 | 0.18 | 0.22 | 0.14 | 0.15 |
| Debt-to-Capital Ratio | 0.02 | 0.16 | 0.18 | 0.12 | 0.13 |
| Long-Term Debt-to-Capital Ratio | 0.00 | 0.00 | 0.15 | 0.05 | 0.04 |
| Financial Leverage Ratio | 1.47 | 1.69 | 1.56 | 1.63 | 1.68 |
| Debt Service Coverage Ratio | 47.62 | 2.41 | 19.80 | 10.41 | 5.39 |
| Interest Coverage Ratio | 180.28 | 43.20 | 17.36 | 191.64 | 378.66 |
| Debt to Market Cap | 0.00 | 0.02 | 0.02 | 0.01 | 0.02 |
| Interest Debt Per Share | 31.84 | 134.02 | 134.42 | 69.15 | 56.34 |
| Net Debt to EBITDA | -0.61 | -0.66 | -0.11 | -0.18 | -0.56 |
| Profitability Margins | |||||
| Gross Profit Margin | 64.34% | 57.08% | 50.57% | 56.96% | 56.59% |
| EBIT Margin | 43.99% | 29.51% | 17.03% | 29.93% | 27.52% |
| EBITDA Margin | 43.99% | 32.98% | 22.40% | 33.75% | 31.11% |
| Operating Profit Margin | 43.99% | 29.26% | 16.78% | 29.93% | 27.52% |
| Pretax Profit Margin | 45.78% | 28.83% | 16.07% | 30.57% | 27.91% |
| Net Profit Margin | 33.26% | 20.67% | 12.80% | 23.28% | 20.94% |
| Continuous Operations Profit Margin | 33.26% | 20.67% | 12.80% | 23.28% | 20.94% |
| Net Income Per EBT | 72.64% | 71.71% | 79.69% | 76.14% | 75.04% |
| EBT Per EBIT | 104.08% | 98.52% | 95.76% | 102.14% | 101.40% |
| Return on Assets (ROA) | 33.82% | 18.87% | 9.28% | 21.73% | 17.65% |
| Return on Equity (ROE) | 49.80% | 31.82% | 14.45% | 35.37% | 29.63% |
| Return on Capital Employed (ROCE) | 62.28% | 41.88% | 14.98% | 39.41% | 33.37% |
| Return on Invested Capital (ROIC) | 44.98% | 26.19% | 11.82% | 28.79% | 23.58% |
| Return on Tangible Assets | 36.44% | 20.77% | 10.88% | 25.85% | 21.32% |
| Earnings Yield | 2.53% | 3.30% | 1.28% | 5.67% | 4.66% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.21 | 6.90 | 5.48 | 5.48 | 5.07 |
| Payables Turnover | 2.99 | 3.12 | 3.13 | 2.70 | 2.57 |
| Inventory Turnover | 1.83 | 1.60 | 1.18 | 1.43 | 1.90 |
| Fixed Asset Turnover | 9.80 | 8.04 | 4.96 | 6.89 | 6.51 |
| Asset Turnover | 1.02 | 0.91 | 0.72 | 0.93 | 0.84 |
| Working Capital Turnover Ratio | 3.00 | 2.67 | 1.97 | 3.16 | 2.43 |
| Cash Conversion Cycle | 147.08 | 164.84 | 260.22 | 187.38 | 121.66 |
| Days of Sales Outstanding | 70.07 | 52.91 | 66.66 | 66.56 | 71.93 |
| Days of Inventory Outstanding | 199.04 | 228.74 | 310.23 | 255.94 | 191.61 |
| Days of Payables Outstanding | 122.02 | 116.82 | 116.66 | 135.12 | 141.87 |
| Operating Cycle | 269.10 | 281.66 | 376.89 | 322.50 | 263.53 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 487.76 | 387.98 | 44.29 | 93.89 | 101.56 |
| Free Cash Flow Per Share | 439.72 | 361.62 | 16.44 | 62.35 | 78.11 |
| Dividend Paid and CapEx Coverage Ratio | 4.87 | 6.12 | 0.72 | 1.43 | 1.81 |
| Capital Expenditure Coverage Ratio | 10.15 | 14.72 | 1.59 | 2.98 | 4.33 |
| Operating Cash Flow Coverage Ratio | 17.52 | 3.06 | 0.35 | 1.38 | 1.82 |
| Operating Cash Flow to Sales Ratio | 0.30 | 0.37 | 0.07 | 0.13 | 0.19 |
| Free Cash Flow Yield | 2.04% | 5.46% | 0.25% | 2.03% | 3.24% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 39.45 | 30.26 | 78.25 | 17.63 | 21.44 |
| Price-to-Sales (P/S) Ratio | 13.13 | 6.26 | 10.02 | 4.10 | 4.49 |
| Price-to-Book (P/B) Ratio | 19.65 | 9.63 | 11.30 | 6.24 | 6.35 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 49.02 | 18.30 | 402.02 | 49.30 | 30.86 |
| Price-to-Operating Cash Flow Ratio | 44.19 | 17.06 | 149.21 | 32.74 | 23.73 |
| Price-to-Earnings Growth (PEG) Ratio | 0.26 | 0.19 | -1.52 | 0.32 | 0.79 |
| Enterprise Value Multiple | 29.23 | 18.31 | 44.62 | 11.98 | 13.87 |
| Enterprise Value | 15.39T | 4.71T | 4.86T | 2.26T | 1.80T |
| EV to EBITDA | 29.23 | 18.31 | 44.62 | 11.98 | 13.87 |
| EV to Sales | 12.86 | 6.04 | 9.99 | 4.04 | 4.31 |
| EV to Free Cash Flow | 48.02 | 17.66 | 401.01 | 48.55 | 29.65 |
| EV to Operating Cash Flow | 43.29 | 16.46 | 148.84 | 32.25 | 22.80 |
| Tangible Book Value Per Share | 980.69 | 580.91 | 451.01 | 364.92 | 269.47 |
| Shareholders’ Equity Per Share | 1096.81 | 687.22 | 584.57 | 492.96 | 379.29 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.27 | 0.28 | 0.20 | 0.24 | 0.25 |
| Revenue Per Share | 1642.35 | 1057.83 | 659.58 | 749.01 | 536.71 |
| Net Income Per Share | 546.21 | 218.67 | 84.45 | 174.35 | 112.39 |
| Tax Burden | 0.73 | 0.72 | 0.80 | 0.76 | 0.75 |
| Interest Burden | 1.04 | 0.98 | 0.94 | 1.02 | 1.01 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.11 | 0.12 |
| SG&A to Revenue | 0.20 | 0.25 | 0.33 | 0.27 | 0.29 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 0.89 | 1.27 | 0.42 | 0.41 | 0.68 |
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