Unet Credit Finance Services Balance Sheet Health
Financial Health criteria checks 3/6
Unet Credit Finance Services has a total shareholder equity of ₪77.7M and total debt of ₪121.2M, which brings its debt-to-equity ratio to 156%. Its total assets and total liabilities are ₪205.2M and ₪127.5M respectively. Unet Credit Finance Services's EBIT is ₪165.0K making its interest coverage ratio 0. It has cash and short-term investments of ₪22.1M.
Key information
156.0%
Debt to equity ratio
₪121.24m
Debt
Interest coverage ratio | 0.02x |
Cash | ₪22.11m |
Equity | ₪77.72m |
Total liabilities | ₪127.50m |
Total assets | ₪205.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNCR's short term assets (₪144.7M) exceed its short term liabilities (₪107.1M).
Long Term Liabilities: UNCR's short term assets (₪144.7M) exceed its long term liabilities (₪20.4M).
Debt to Equity History and Analysis
Debt Level: UNCR's net debt to equity ratio (127.6%) is considered high.
Reducing Debt: UNCR had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UNCR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: UNCR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41% each year