Unimer Balance Sheet Health
Financial Health criteria checks 2/6
Unimer has a total shareholder equity of MAD1.4B and total debt of MAD1.0B, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are MAD2.8B and MAD1.4B respectively. Unimer's EBIT is MAD18.5M making its interest coverage ratio 0.3. It has cash and short-term investments of MAD140.9M.
Key information
74.6%
Debt to equity ratio
د.م1.01b
Debt
Interest coverage ratio | 0.3x |
Cash | د.م140.89m |
Equity | د.م1.35b |
Total liabilities | د.م1.43b |
Total assets | د.م2.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMR's short term assets (MAD1.3B) exceed its short term liabilities (MAD1.1B).
Long Term Liabilities: UMR's short term assets (MAD1.3B) exceed its long term liabilities (MAD289.1M).
Debt to Equity History and Analysis
Debt Level: UMR's net debt to equity ratio (64.2%) is considered high.
Reducing Debt: UMR's debt to equity ratio has increased from 55.6% to 74.6% over the past 5 years.
Debt Coverage: Insufficient data to determine if UMR's debt is well covered by operating cash flow.
Interest Coverage: UMR's interest payments on its debt are not well covered by EBIT (0.3x coverage).