UNITEDLABELS Balance Sheet Health
Financial Health criteria checks 2/6
UNITEDLABELS has a total shareholder equity of €2.7M and total debt of €6.7M, which brings its debt-to-equity ratio to 248.3%. Its total assets and total liabilities are €21.0M and €18.3M respectively. UNITEDLABELS's EBIT is €1.0M making its interest coverage ratio 1.7. It has cash and short-term investments of €762.5K.
Key information
248.3%
Debt to equity ratio
€6.70m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €762.48k |
| Equity | €2.70m |
| Total liabilities | €18.25m |
| Total assets | €20.95m |
Recent financial health updates
UNITEDLABELS (ETR:ULC) Has A Somewhat Strained Balance Sheet
Mar 28
We 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
Some 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 (€9.6M) do not cover its short term liabilities (€9.9M).
Long Term Liabilities: ULC's short term assets (€9.6M) exceed its long term liabilities (€8.4M).
Debt to Equity History and Analysis
Debt Level: ULC's net debt to equity ratio (220%) is considered high.
Reducing Debt: ULC's debt to equity ratio has reduced from 340.2% to 248.3% over the past 5 years.
Debt Coverage: ULC's debt is not well covered by operating cash flow (11.9%).
Interest Coverage: ULC's interest payments on its debt are not well covered by EBIT (1.7x coverage).