Unilever Balance Sheet Health
Financial Health criteria checks 3/6
Unilever has a total shareholder equity of €20.8B and total debt of €28.2B, which brings its debt-to-equity ratio to 135.9%. Its total assets and total liabilities are €75.3B and €54.5B respectively. Unilever's EBIT is €10.1B making its interest coverage ratio 15.9. It has cash and short-term investments of €5.9B.
Key information
135.9%
Debt to equity ratio
€28.23b
Debt
| Interest coverage ratio | 15.9x |
| Cash | €5.85b |
| Equity | €20.76b |
| Total liabilities | €54.50b |
| Total assets | €75.27b |
Recent financial health updates
We Think Unilever (LON:ULVR) Can Stay On Top Of Its Debt
Jun 26
These 4 Measures Indicate That Unilever (LON:ULVR) Is Using Debt Reasonably Well
Oct 02Recent updates
Estimating The Fair Value Of Unilever PLC (LON:ULVR)
Jul 14We Think Unilever (LON:ULVR) Can Stay On Top Of Its Debt
Jun 26Unilever PLC's (LON:ULVR) Business Is Yet to Catch Up With Its Share Price
May 23Here's What To Make Of Unilever's (LON:ULVR) Decelerating Rates Of Return
Apr 18Estimating The Intrinsic Value Of Unilever PLC (LON:ULVR)
Apr 03Unilever (LON:ULVR) Will Pay A Smaller Dividend Than Last Year
Feb 11Analysts Are Updating Their Unilever PLC (LON:ULVR) Estimates After Its Annual Results
Feb 10What Unilever PLC's (LON:ULVR) P/E Is Not Telling You
Feb 09Unilever (LON:ULVR) Could Be Struggling To Allocate Capital
Jan 16A Look At The Fair Value Of Unilever PLC (LON:ULVR)
Dec 29Unilever's (LON:ULVR) Dividend Is Being Reduced To €0.3715
Oct 29Returns On Capital Signal Tricky Times Ahead For Unilever (LON:ULVR)
Oct 16These 4 Measures Indicate That Unilever (LON:ULVR) Is Using Debt Reasonably Well
Oct 02Financial Position Analysis
Short Term Liabilities: ULVR's short term assets (€17.9B) do not cover its short term liabilities (€23.5B).
Long Term Liabilities: ULVR's short term assets (€17.9B) do not cover its long term liabilities (€31.0B).
Debt to Equity History and Analysis
Debt Level: ULVR's net debt to equity ratio (107.8%) is considered high.
Reducing Debt: ULVR's debt to equity ratio has reduced from 204.3% to 135.9% over the past 5 years.
Debt Coverage: ULVR's debt is well covered by operating cash flow (33.4%).
Interest Coverage: ULVR's interest payments on its debt are well covered by EBIT (15.9x coverage).