UNITEDLABELS Balance Sheet Health
Financial Health criteria checks 3/6
UNITEDLABELS has a total shareholder equity of €3.4M and total debt of €7.3M, which brings its debt-to-equity ratio to 215.8%. Its total assets and total liabilities are €24.4M and €21.0M respectively. UNITEDLABELS's EBIT is €1.1M making its interest coverage ratio 1.7. It has cash and short-term investments of €37.7K.
Key information
215.8%
Debt to equity ratio
€7.28m
Debt
| Interest coverage ratio | 1.7x |
| Cash | €37.70k |
| Equity | €3.37m |
| Total liabilities | €21.04m |
| Total assets | €24.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KFL's short term assets (€12.9M) do not cover its short term liabilities (€12.9M).
Long Term Liabilities: 0KFL's short term assets (€12.9M) exceed its long term liabilities (€8.1M).
Debt to Equity History and Analysis
Debt Level: 0KFL's net debt to equity ratio (214.6%) is considered high.
Reducing Debt: 0KFL's debt to equity ratio has reduced from 272.4% to 215.8% over the past 5 years.
Debt Coverage: 0KFL's debt is well covered by operating cash flow (31.9%).
Interest Coverage: 0KFL's interest payments on its debt are not well covered by EBIT (1.7x coverage).