United Finance Balance Sheet Health
Financial Health criteria checks 2/6
United Finance has a total shareholder equity of BDT3.2B and total debt of BDT6.3B, which brings its debt-to-equity ratio to 197.7%. Its total assets and total liabilities are BDT27.6B and BDT24.5B respectively.
Key information
197.7%
Debt to equity ratio
৳6.27b
Debt
| Interest coverage ratio | n/a |
| Cash | ৳2.62b |
| Equity | ৳3.17b |
| Total liabilities | ৳24.45b |
| Total assets | ৳27.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNITEDFIN's short term assets (BDT25.4B) exceed its short term liabilities (BDT18.2B).
Long Term Liabilities: UNITEDFIN's short term assets (BDT25.4B) exceed its long term liabilities (BDT6.3B).
Debt to Equity History and Analysis
Debt Level: UNITEDFIN's net debt to equity ratio (115%) is considered high.
Reducing Debt: UNITEDFIN's debt to equity ratio has increased from 46.1% to 197.7% over the past 5 years.
Debt Coverage: UNITEDFIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if UNITEDFIN's interest payments on its debt are well covered by EBIT.