UniDevice Balance Sheet Health

Financial Health criteria checks 2/6

UniDevice has a total shareholder equity of €23.5M and total debt of €18.0M, which brings its debt-to-equity ratio to 76.9%. Its total assets and total liabilities are €50.1M and €26.7M respectively. UniDevice's EBIT is €2.1M making its interest coverage ratio 2.6. It has cash and short-term investments of €2.5M.

Key information

76.9%

Debt to equity ratio

€18.05m

Debt

Interest coverage ratio2.6x
Cash€2.50m
Equity€23.46m
Total liabilities€26.66m
Total assets€50.12m

Recent financial health updates

No updates

Recent updates

No updates

Financial Position Analysis

Short Term Liabilities: UDC's short term assets (€35.0M) exceed its short term liabilities (€17.5M).

Long Term Liabilities: UDC's short term assets (€35.0M) exceed its long term liabilities (€9.1M).


Debt to Equity History and Analysis

Debt Level: UDC's net debt to equity ratio (66.3%) is considered high.

Reducing Debt: UDC's debt to equity ratio has increased from 33.6% to 76.9% over the past 5 years.

Debt Coverage: UDC's debt is not well covered by operating cash flow (3.4%).

Interest Coverage: UDC's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Discover healthy companies