UNITED Balance Sheet Health
Financial Health criteria checks 6/6
UNITED has a total shareholder equity of ¥23.9B and total debt of ¥167.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥27.3B and ¥3.4B respectively. UNITED's EBIT is ¥5.9B making its interest coverage ratio -2926.5. It has cash and short-term investments of ¥13.6B.
Key information
0.7%
Debt to equity ratio
JP¥167.00m
Debt
Interest coverage ratio | -2926.5x |
Cash | JP¥13.61b |
Equity | JP¥23.85b |
Total liabilities | JP¥3.45b |
Total assets | JP¥27.30b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2497's short term assets (¥24.7B) exceed its short term liabilities (¥2.3B).
Long Term Liabilities: 2497's short term assets (¥24.7B) exceed its long term liabilities (¥1.2B).
Debt to Equity History and Analysis
Debt Level: 2497 has more cash than its total debt.
Reducing Debt: 2497's debt to equity ratio has reduced from 1.4% to 0.7% over the past 5 years.
Debt Coverage: 2497's debt is well covered by operating cash flow (3440.1%).
Interest Coverage: 2497 earns more interest than it pays, so coverage of interest payments is not a concern.