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
No updates
Recent 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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/06/13 09:23 |
| End of Day Share Price | 2024/06/12 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
UniDevice AG is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cosmin Filker | GBC AG |
| Thomas Wissler | mwb research AG |