Unitika Balance Sheet Health
Financial Health criteria checks 3/6
Unitika has a total shareholder equity of ¥30.6B and total debt of ¥92.1B, which brings its debt-to-equity ratio to 301.1%. Its total assets and total liabilities are ¥176.4B and ¥145.7B respectively. Unitika's EBIT is ¥1.6B making its interest coverage ratio 1.4. It has cash and short-term investments of ¥13.7B.
Key information
301.1%
Debt to equity ratio
JP¥92.15b
Debt
| Interest coverage ratio | 1.4x |
| Cash | JP¥13.72b |
| Equity | JP¥30.61b |
| Total liabilities | JP¥145.74b |
| Total assets | JP¥176.35b |
Recent financial health updates
Is Unitika (TSE:3103) Using Debt In A Risky Way?
Nov 08
Is Unitika (TSE:3103) Using Too Much Debt?
Jun 26Recent updates
Is Unitika (TSE:3103) Using Debt In A Risky Way?
Nov 08What Unitika Ltd.'s (TSE:3103) 28% Share Price Gain Is Not Telling You
Sep 01Is Unitika (TSE:3103) Using Too Much Debt?
Jun 26Revenues Not Telling The Story For Unitika Ltd. (TSE:3103) After Shares Rise 27%
May 22Unitika Ltd.'s (TSE:3103) Share Price Boosted 33% But Its Business Prospects Need A Lift Too
Apr 04Financial Position Analysis
Short Term Liabilities: 3103's short term assets (¥73.6B) exceed its short term liabilities (¥33.5B).
Long Term Liabilities: 3103's short term assets (¥73.6B) do not cover its long term liabilities (¥112.2B).
Debt to Equity History and Analysis
Debt Level: 3103's net debt to equity ratio (256.2%) is considered high.
Reducing Debt: 3103's debt to equity ratio has increased from 253.8% to 301.1% over the past 5 years.
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: Whilst unprofitable 3103 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3103 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 13:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Unitika Ltd. is covered by 8 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Company Forecast |
| Takayuki Naito | Daiwa Securities Co. Ltd. |
| Katsuhiko Ishibashi | Ichiyoshi Research Institute Inc. |