Unity Foods Balance Sheet Health
Financial Health criteria checks 3/6
Unity Foods has a total shareholder equity of PKR20.7B and total debt of PKR34.5B, which brings its debt-to-equity ratio to 166.6%. Its total assets and total liabilities are PKR90.3B and PKR69.6B respectively. Unity Foods's EBIT is PKR11.0B making its interest coverage ratio 2. It has cash and short-term investments of PKR6.9B.
Key information
166.6%
Debt to equity ratio
PK₨34.51b
Debt
| Interest coverage ratio | 2x |
| Cash | PK₨6.86b |
| Equity | PK₨20.71b |
| Total liabilities | PK₨69.61b |
| Total assets | PK₨90.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNITY's short term assets (PKR70.2B) exceed its short term liabilities (PKR68.8B).
Long Term Liabilities: UNITY's short term assets (PKR70.2B) exceed its long term liabilities (PKR773.2M).
Debt to Equity History and Analysis
Debt Level: UNITY's net debt to equity ratio (133.5%) is considered high.
Reducing Debt: UNITY's debt to equity ratio has reduced from 245% to 166.6% over the past 5 years.
Debt Coverage: UNITY's debt is not well covered by operating cash flow (8%).
Interest Coverage: UNITY's interest payments on its debt are not well covered by EBIT (2x coverage).