Unitronics (1989) (RG) Balance Sheet Health
Financial Health criteria checks 6/6
Unitronics (1989) (RG) has a total shareholder equity of ₪82.3M and total debt of ₪616.0K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₪160.5M and ₪78.3M respectively. Unitronics (1989) (RG)'s EBIT is ₪53.0M making its interest coverage ratio -53.8. It has cash and short-term investments of ₪17.7M.
Key information
0.7%
Debt to equity ratio
₪616.00k
Debt
Interest coverage ratio | -53.8x |
Cash | ₪17.69m |
Equity | ₪82.26m |
Total liabilities | ₪78.26m |
Total assets | ₪160.52m |
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 26Statutory 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 03Are 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 (₪101.4M) exceed its short term liabilities (₪70.1M).
Long Term Liabilities: UNIT's short term assets (₪101.4M) exceed its long term liabilities (₪8.2M).
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 81.5% to 0.7% over the past 5 years.
Debt Coverage: UNIT's debt is well covered by operating cash flow (9726.1%).
Interest Coverage: UNIT earns more interest than it pays, so coverage of interest payments is not a concern.