UET United Electronic Technology Balance Sheet Health
Financial Health criteria checks 4/6
UET United Electronic Technology has a total shareholder equity of €5.0M and total debt of €1.1M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are €54.0M and €49.0M respectively. UET United Electronic Technology's EBIT is €6.8M making its interest coverage ratio 2.7. It has cash and short-term investments of €1.5M.
Key information
21.5%
Debt to equity ratio
€1.08m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €1.53m |
| Equity | €5.03m |
| Total liabilities | €48.99m |
| Total assets | €54.02m |
Recent financial health updates
Recent updates
Fewer Investors Than Expected Jumping On UET United Electronic Technology AG (ETR:CFC)
Apr 23
UET United Electronic Technology (ETR:CFC) Shareholders Will Want The ROCE Trajectory To Continue
Feb 07The Return Trends At UET United Electronic Technology (ETR:CFC) Look Promising
Sep 02Will the Promising Trends At UET United Electronic Technology (ETR:CFC) Continue?
Nov 22
Financial Position Analysis
Short Term Liabilities: CFC's short term assets (€29.0M) exceed its short term liabilities (€9.0M).
Long Term Liabilities: CFC's short term assets (€29.0M) do not cover its long term liabilities (€40.0M).
Debt to Equity History and Analysis
Debt Level: CFC has more cash than its total debt.
Reducing Debt: CFC's debt to equity ratio has reduced from 210.2% to 21.5% over the past 5 years.
Debt Coverage: CFC's debt is well covered by operating cash flow (329.1%).
Interest Coverage: CFC's interest payments on its debt are not well covered by EBIT (2.7x coverage).