Unitronics (1989) (RG) Balance Sheet Health
Financial Health criteria checks 6/6
Unitronics (1989) (RG) has a total shareholder equity of ₪70.0M and total debt of ₪1.2M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₪151.3M and ₪81.4M respectively. Unitronics (1989) (RG)'s EBIT is ₪51.1M making its interest coverage ratio 390.3. It has cash and short-term investments of ₪13.3M.
Key information
1.7%
Debt to equity ratio
₪1.21m
Debt
| Interest coverage ratio | 390.3x |
| Cash | ₪13.26m |
| Equity | ₪69.98m |
| Total liabilities | ₪81.36m |
| Total assets | ₪151.34m |
Recent financial health updates
Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding Unitronics (1989) (R"G) Ltd's (TLV:UNIT) Performance Completely
Apr 26
Statutory Profit Doesn't Reflect How Good Unitronics (1989) (RG)'s (TLV:UNIT) Earnings Are
Mar 27The Trend Of High Returns At Unitronics (1989) (RG) (TLV:UNIT) Has Us Very Interested
May 03Estimating The Fair Value Of Unitronics (1989) (R"G) Ltd (TLV:UNIT)
Feb 13Why The 23% Return On Capital At Unitronics (1989) (RG) (TLV:UNIT) Should Have Your Attention
Dec 01Is Now The Time To Put Unitronics (1989) (RG) (TLV:UNIT) On Your Watchlist?
May 19Unitronics (1989) (RG) (TLV:UNIT) Seems To Use Debt Rather Sparingly
Mar 26Unitronics (1989) (RG) (TLV:UNIT) Share Prices Have Dropped 34% In The Last Three Years
Feb 18I Built A List Of Growing Companies And Unitronics (1989) (RG) (TLV:UNIT) Made The Cut
Feb 03
Are Robust Financials Driving The Recent Rally In Unitronics (1989) (R"G) Ltd's (TLV:UNIT) Stock?
Jan 19What Can The Trends At Unitronics (1989) (RG) (TLV:UNIT) Tell Us About Their Returns?
Dec 29Are Unitronics (1989) (RG)'s (TLV:UNIT) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 04Financial Position Analysis
Short Term Liabilities: UNIT's short term assets (₪91.4M) exceed its short term liabilities (₪72.3M).
Long Term Liabilities: UNIT's short term assets (₪91.4M) exceed its long term liabilities (₪9.1M).
Debt to Equity History and Analysis
Debt Level: UNIT has more cash than its total debt.
Reducing Debt: UNIT's debt to equity ratio has reduced from 54.3% to 1.7% over the past 5 years.
Debt Coverage: UNIT's debt is well covered by operating cash flow (4820.7%).
Interest Coverage: UNIT's interest payments on its debt are well covered by EBIT (390.3x coverage).