Unikai Foods (P.J.S.C) Balance Sheet Health
Financial Health criteria checks 4/6
Unikai Foods (P.J.S.C) has a total shareholder equity of AED62.4M and total debt of AED73.3M, which brings its debt-to-equity ratio to 117.5%. Its total assets and total liabilities are AED251.0M and AED188.6M respectively. Unikai Foods (P.J.S.C)'s EBIT is AED27.9M making its interest coverage ratio 3.2. It has cash and short-term investments of AED30.1M.
Key information
117.5%
Debt to equity ratio
د.إ73.33m
Debt
| Interest coverage ratio | 3.2x |
| Cash | د.إ30.10m |
| Equity | د.إ62.41m |
| Total liabilities | د.إ188.57m |
| Total assets | د.إ250.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIKAI's short term assets (AED130.5M) do not cover its short term liabilities (AED155.2M).
Long Term Liabilities: UNIKAI's short term assets (AED130.5M) exceed its long term liabilities (AED33.4M).
Debt to Equity History and Analysis
Debt Level: UNIKAI's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: UNIKAI's debt to equity ratio has reduced from 535.5% to 117.5% over the past 5 years.
Debt Coverage: UNIKAI's debt is well covered by operating cash flow (62.7%).
Interest Coverage: UNIKAI's interest payments on its debt are well covered by EBIT (3.2x coverage).