UniFirst Balance Sheet Health
Financial Health criteria checks 6/6
UniFirst has a total shareholder equity of $2.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.7B and $587.9M respectively. UniFirst's EBIT is $183.6M making its interest coverage ratio -25.3. It has cash and short-term investments of $175.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -25.3x |
| Cash | US$175.08m |
| Equity | US$2.11b |
| Total liabilities | US$587.90m |
| Total assets | US$2.70b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U1N's short term assets ($915.7M) exceed its short term liabilities ($281.4M).
Long Term Liabilities: U1N's short term assets ($915.7M) exceed its long term liabilities ($306.5M).
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.