UniFirst Balance Sheet Health
Financial Health criteria checks 6/6
UniFirst has a total shareholder equity of $2.0B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.6B and $571.3M respectively. UniFirst's EBIT is $164.0M making its interest coverage ratio -39.8. It has cash and short-term investments of $101.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -39.8x |
Cash | US$101.93m |
Equity | US$2.05b |
Total liabilities | US$571.27m |
Total assets | US$2.62b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U1N's short term assets ($864.5M) exceed its short term liabilities ($262.9M).
Long Term Liabilities: U1N's short term assets ($864.5M) exceed its long term liabilities ($308.4M).
Debt to Equity History and Analysis
Debt Level: U1N is debt free.
Reducing Debt: U1N had no debt 5 years ago.
Debt Coverage: U1N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: U1N has no debt, therefore coverage of interest payments is not a concern.