Unitika Balance Sheet Health
Financial Health criteria checks 4/6
Unitika has a total shareholder equity of ¥38.2B and total debt of ¥92.1B, which brings its debt-to-equity ratio to 240.9%. Its total assets and total liabilities are ¥186.3B and ¥148.1B respectively.
Key information
240.9%
Debt to equity ratio
JP¥92.15b
Debt
Interest coverage ratio | n/a |
Cash | JP¥11.21b |
Equity | JP¥38.25b |
Total liabilities | JP¥148.09b |
Total assets | JP¥186.33b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 3103's short term assets (¥72.8B) exceed its short term liabilities (¥34.7B).
Long Term Liabilities: 3103's short term assets (¥72.8B) do not cover its long term liabilities (¥113.4B).
Debt to Equity History and Analysis
Debt Level: 3103's net debt to equity ratio (211.6%) is considered high.
Reducing Debt: 3103's debt to equity ratio has reduced from 248.1% to 240.9% 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 37.1% per year.