Unith Balance Sheet Health
Financial Health criteria checks 4/6
Unith has a total shareholder equity of A$11.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.7M and A$1.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.81m |
| Equity | AU$11.87m |
| Total liabilities | AU$1.84m |
| Total assets | AU$13.71m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: UNT's short term assets (A$4.9M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: UNT's short term assets (A$4.9M) exceed its long term liabilities (A$287.0K).
Debt to Equity History and Analysis
Debt Level: UNT is debt free.
Reducing Debt: UNT has no debt compared to 5 years ago when its debt to equity ratio was 315.6%.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UNT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: UNT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.4% each year