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 ratio | 2.6x |
| Cash | €2.50m |
| Equity | €23.46m |
| Total liabilities | €26.66m |
| Total assets | €50.12m |
Recent financial health updates
UniDevice (ETR:UDC) Seems To Be Using A Lot Of Debt
Oct 21
UniDevice (ETR:UDC) Has A Pretty Healthy Balance Sheet
Oct 31UniDevice (ETR:UDC) Seems To Use Debt Quite Sensibly
Jan 06Recent updates
Returns On Capital At UniDevice (ETR:UDC) Have Hit The Brakes
Mar 29UniDevice's (ETR:UDC) Returns Have Hit A Wall
Nov 29We Think That There Are More Issues For UniDevice (ETR:UDC) Than Just Sluggish Earnings
Nov 01The UniDevice AG (ETR:UDC) Analyst Just Boosted Their Forecasts By A Stunning Amount
Oct 28UniDevice (ETR:UDC) Seems To Be Using A Lot Of Debt
Oct 21The Return Trends At UniDevice (ETR:UDC) Look Promising
Sep 06UniDevice AG's (ETR:UDC) Analyst Just Slashed This Year's Estimates
Jun 02There's Been No Shortage Of Growth Recently For UniDevice's (ETR:UDC) Returns On Capital
May 05UniDevice's (ETR:UDC) Returns On Capital Are Heading Higher
Dec 08UniDevice (ETR:UDC) Has A Pretty Healthy Balance Sheet
Oct 31Here’s What’s Happening With Returns At UniDevice (ETR:UDC)
Mar 17The Attractive Combination That Could Earn UniDevice AG (ETR:UDC) A Place In Your Dividend Portfolio
Feb 18Is UniDevice AG's (ETR:UDC) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Jan 28UniDevice (ETR:UDC) Seems To Use Debt Quite Sensibly
Jan 06What Do The Returns At UniDevice (ETR:UDC) Mean Going Forward?
Dec 16Financial 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).