Union Construction and Investment Balance Sheet Health
Financial Health criteria checks 4/6
Union Construction and Investment has a total shareholder equity of $43.2M and total debt of $7.3M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are $65.0M and $21.8M respectively. Union Construction and Investment's EBIT is $1.1M making its interest coverage ratio -15. It has cash and short-term investments of $3.7M.
Key information
17.0%
Debt to equity ratio
US$7.33m
Debt
Interest coverage ratio | -15x |
Cash | US$3.71m |
Equity | US$43.23m |
Total liabilities | US$21.77m |
Total assets | US$65.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCI's short term assets ($19.4M) exceed its short term liabilities ($14.9M).
Long Term Liabilities: UCI's short term assets ($19.4M) exceed its long term liabilities ($6.9M).
Debt to Equity History and Analysis
Debt Level: UCI's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: UCI's debt to equity ratio has increased from 0% to 17% over the past 5 years.
Debt Coverage: UCI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UCI earns more interest than it pays, so coverage of interest payments is not a concern.