Unity Foods Balance Sheet Health
Financial Health criteria checks 1/6
Unity Foods has a total shareholder equity of PKR17.8B and total debt of PKR46.3B, which brings its debt-to-equity ratio to 259.9%. Its total assets and total liabilities are PKR88.2B and PKR70.4B respectively. Unity Foods's EBIT is PKR2.4B making its interest coverage ratio 0.4. It has cash and short-term investments of PKR8.1B.
Key information
259.9%
Debt to equity ratio
PK₨46.26b
Debt
| Interest coverage ratio | 0.4x |
| Cash | PK₨8.13b |
| Equity | PK₨17.80b |
| Total liabilities | PK₨70.44b |
| Total assets | PK₨88.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNITY's short term assets (PKR67.9B) do not cover its short term liabilities (PKR69.8B).
Long Term Liabilities: UNITY's short term assets (PKR67.9B) exceed its long term liabilities (PKR677.3M).
Debt to Equity History and Analysis
Debt Level: UNITY's net debt to equity ratio (214.2%) is considered high.
Reducing Debt: UNITY's debt to equity ratio has increased from 46% to 259.9% over the past 5 years.
Debt Coverage: UNITY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UNITY's interest payments on its debt are not well covered by EBIT (0.4x coverage).