UNITEDLABELS Balance Sheet Health
Financial Health criteria checks 3/6
UNITEDLABELS has a total shareholder equity of €3.2M and total debt of €7.4M, which brings its debt-to-equity ratio to 230.3%. Its total assets and total liabilities are €27.8M and €24.6M respectively. UNITEDLABELS's EBIT is €1.1M making its interest coverage ratio 1.7. It has cash and short-term investments of €38.3K.
Key information
230.3%
Debt to equity ratio
€7.39m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €38.30k |
| Equity | €3.21m |
| Total liabilities | €24.57m |
| Total assets | €27.78m |
Recent financial health updates
UNITEDLABELS (ETR:ULC) Has A Somewhat Strained Balance Sheet
Jul 17
UNITEDLABELS (ETR:ULC) Has A Somewhat Strained Balance Sheet
Mar 28We Think UNITEDLABELS (ETR:ULC) Is Taking Some Risk With Its Debt
Sep 30UNITEDLABELS (ETR:ULC) Has A Somewhat Strained Balance Sheet
Jan 20UNITEDLABELS (ETR:ULC) Has Debt But No Earnings; Should You Worry?
Mar 08Recent updates
Many Still Looking Away From UNITEDLABELS Aktiengesellschaft (ETR:ULC)
Nov 21UNITEDLABELS (ETR:ULC) Has A Somewhat Strained Balance Sheet
Jul 17Some Investors May Be Worried About UNITEDLABELS' (ETR:ULC) Returns On Capital
Feb 28Returns On Capital Signal Difficult Times Ahead For UNITEDLABELS (ETR:ULC)
Oct 25UNITEDLABELS (ETR:ULC) Is Finding It Tricky To Allocate Its Capital
Jul 12UNITEDLABELS (ETR:ULC) Has A Somewhat Strained Balance Sheet
Mar 28Returns On Capital Signal Difficult Times Ahead For UNITEDLABELS (ETR:ULC)
Dec 23We Think UNITEDLABELS (ETR:ULC) Is Taking Some Risk With Its Debt
Sep 30UNITEDLABELS (ETR:ULC) Might Have The Makings Of A Multi-Bagger
Jun 24UNITEDLABELS (ETR:ULC) Has A Somewhat Strained Balance Sheet
Jan 20UNITEDLABELS (ETR:ULC) Has Debt But No Earnings; Should You Worry?
Mar 08Financial Position Analysis
Short Term Liabilities: ULC's short term assets (€16.3M) do not cover its short term liabilities (€16.4M).
Long Term Liabilities: ULC's short term assets (€16.3M) exceed its long term liabilities (€8.2M).
Debt to Equity History and Analysis
Debt Level: ULC's net debt to equity ratio (229.1%) is considered high.
Reducing Debt: ULC's debt to equity ratio has reduced from 2532.7% to 230.3% over the past 5 years.
Debt Coverage: ULC's debt is well covered by operating cash flow (23.1%).
Interest Coverage: ULC's interest payments on its debt are not well covered by EBIT (1.7x coverage).