Unifique Telecomunicações Balance Sheet Health
Financial Health criteria checks 6/6
Unifique Telecomunicações has a total shareholder equity of R$1.1B and total debt of R$323.7M, which brings its debt-to-equity ratio to 29.5%. Its total assets and total liabilities are R$2.0B and R$919.5M respectively. Unifique Telecomunicações's EBIT is R$223.1M making its interest coverage ratio 26.8. It has cash and short-term investments of R$385.4M.
Key information
29.5%
Debt to equity ratio
R$323.73m
Debt
Interest coverage ratio | 26.8x |
Cash | R$385.39m |
Equity | R$1.10b |
Total liabilities | R$919.54m |
Total assets | R$2.02b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FIQE3's short term assets (R$552.7M) exceed its short term liabilities (R$399.3M).
Long Term Liabilities: FIQE3's short term assets (R$552.7M) exceed its long term liabilities (R$520.3M).
Debt to Equity History and Analysis
Debt Level: FIQE3 has more cash than its total debt.
Reducing Debt: FIQE3's debt to equity ratio has reduced from 39.8% to 29.5% over the past 5 years.
Debt Coverage: FIQE3's debt is well covered by operating cash flow (133.7%).
Interest Coverage: FIQE3's interest payments on its debt are well covered by EBIT (26.8x coverage).