Unipol Gruppo Balance Sheet Health
Financial Health criteria checks 4/6
Unipol Gruppo has a total shareholder equity of €9.1B and total debt of €5.4B, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are €80.2B and €71.1B respectively. Unipol Gruppo's EBIT is €2.3B making its interest coverage ratio 11. It has cash and short-term investments of €2.2B.
Key information
59.4%
Debt to equity ratio
€5.42b
Debt
| Interest coverage ratio | 11x |
| Cash | €2.20b |
| Equity | €9.13b |
| Total liabilities | €71.11b |
| Total assets | €80.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UIPN's short term assets (€6.7B) exceed its short term liabilities (€909.0M).
Long Term Liabilities: UIPN's short term assets (€6.7B) do not cover its long term liabilities (€70.2B).
Debt to Equity History and Analysis
Debt Level: UIPN's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: UIPN's debt to equity ratio has increased from 56.1% to 59.4% over the past 5 years.
Debt Coverage: UIPN's debt is well covered by operating cash flow (23.6%).
Interest Coverage: UIPN's interest payments on its debt are well covered by EBIT (11x coverage).