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 AED75.6M and total debt of AED87.4M, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are AED300.2M and AED224.6M respectively. Unikai Foods (P.J.S.C)'s EBIT is AED35.3M making its interest coverage ratio 3.6. It has cash and short-term investments of AED36.3M.
Key information
115.6%
Debt to equity ratio
د.إ87.37m
Debt
| Interest coverage ratio | 3.6x |
| Cash | د.إ36.25m |
| Equity | د.إ75.61m |
| Total liabilities | د.إ224.58m |
| Total assets | د.إ300.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNIKAI's short term assets (AED162.0M) do not cover its short term liabilities (AED179.5M).
Long Term Liabilities: UNIKAI's short term assets (AED162.0M) exceed its long term liabilities (AED45.1M).
Debt to Equity History and Analysis
Debt Level: UNIKAI's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: UNIKAI's debt to equity ratio has reduced from 413.3% to 115.6% over the past 5 years.
Debt Coverage: UNIKAI's debt is well covered by operating cash flow (44.6%).
Interest Coverage: UNIKAI's interest payments on its debt are well covered by EBIT (3.6x coverage).