Union Coop Balance Sheet Health
Financial Health criteria checks 6/6
Union Coop has a total shareholder equity of AED2.6B and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED3.4B and AED893.6M respectively. Union Coop's EBIT is AED374.4M making its interest coverage ratio 25.3. It has cash and short-term investments of AED154.7M.
Key information
0%
Debt to equity ratio
د.إ0
Debt
Interest coverage ratio | 25.3x |
Cash | د.إ154.67m |
Equity | د.إ2.55b |
Total liabilities | د.إ893.60m |
Total assets | د.إ3.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIONCOOP's short term assets (AED514.9M) exceed its short term liabilities (AED390.7M).
Long Term Liabilities: UNIONCOOP's short term assets (AED514.9M) exceed its long term liabilities (AED502.9M).
Debt to Equity History and Analysis
Debt Level: UNIONCOOP is debt free.
Reducing Debt: UNIONCOOP has not had any debt for past 5 years.
Debt Coverage: UNIONCOOP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: UNIONCOOP has no debt, therefore coverage of interest payments is not a concern.