UNITED Balance Sheet Health
Financial Health criteria checks 5/6
UNITED has a total shareholder equity of ¥22.4B and total debt of ¥153.0M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ¥24.8B and ¥2.4B respectively. UNITED's EBIT is ¥2.1B making its interest coverage ratio -187.6. It has cash and short-term investments of ¥13.7B.
Key information
0.7%
Debt to equity ratio
JP¥153.00m
Debt
| Interest coverage ratio | -187.6x |
| Cash | JP¥13.73b |
| Equity | JP¥22.39b |
| Total liabilities | JP¥2.40b |
| Total assets | JP¥24.79b |
Financial Position Analysis
Short Term Liabilities: 2497's short term assets (¥22.6B) exceed its short term liabilities (¥2.2B).
Long Term Liabilities: 2497's short term assets (¥22.6B) exceed its long term liabilities (¥155.0M).
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 2.4% to 0.7% over the past 5 years.
Debt Coverage: 2497's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2497 earns more interest than it pays, so coverage of interest payments is not a concern.