Unipol Gruppo Balance Sheet Health
Financial Health criteria checks 5/6
Unipol Gruppo has a total shareholder equity of €9.8B and total debt of €4.9B, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are €79.5B and €69.7B respectively. Unipol Gruppo's EBIT is €2.3B making its interest coverage ratio 12.2. It has cash and short-term investments of €1.9B.
Key information
49.8%
Debt to equity ratio
€4.88b
Debt
Interest coverage ratio | 12.2x |
Cash | €1.89b |
Equity | €9.80b |
Total liabilities | €69.66b |
Total assets | €79.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UIPN's short term assets (€5.6B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: UIPN's short term assets (€5.6B) do not cover its long term liabilities (€68.6B).
Debt to Equity History and Analysis
Debt Level: UIPN's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: UIPN's debt to equity ratio has reduced from 66.6% to 49.8% over the past 5 years.
Debt Coverage: UIPN's debt is well covered by operating cash flow (31.5%).
Interest Coverage: UIPN's interest payments on its debt are well covered by EBIT (12.2x coverage).