UNIOR Kovaska industrija d.d Balance Sheet Health
Financial Health criteria checks 3/6
UNIOR Kovaska industrija d.d has a total shareholder equity of €186.5M and total debt of €117.2M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are €390.8M and €204.3M respectively. UNIOR Kovaska industrija d.d's EBIT is €14.3M making its interest coverage ratio 1.6. It has cash and short-term investments of €23.0M.
Key information
62.9%
Debt to equity ratio
€117.20m
Debt
| Interest coverage ratio | 1.6x |
| Cash | €23.04m |
| Equity | €186.47m |
| Total liabilities | €204.34m |
| Total assets | €390.81m |
Recent financial health updates
UNIOR Kovaska industrija d.d (LJSE:UKIG) Seems To Be Using A Lot Of Debt
Oct 05
UNIOR Kovaska industrija d.d (LJSE:UKIG) Takes On Some Risk With Its Use Of Debt
Mar 24These 4 Measures Indicate That UNIOR Kovaska industrija d.d (LJSE:UKIG) Is Using Debt Extensively
Feb 24Recent updates
Capital Allocation Trends At UNIOR Kovaska industrija d.d (LJSE:UKIG) Aren't Ideal
Apr 30Here's What's Concerning About UNIOR Kovaska industrija d.d's (LJSE:UKIG) Returns On Capital
Nov 24UNIOR Kovaska industrija d.d (LJSE:UKIG) Seems To Be Using A Lot Of Debt
Oct 05UNIOR Kovaska industrija d.d (LJSE:UKIG) Will Be Looking To Turn Around Its Returns
Jul 15UNIOR Kovaska industrija d.d (LJSE:UKIG) Takes On Some Risk With Its Use Of Debt
Mar 24Robust Earnings May Not Tell The Whole Story For UNIOR Kovaska industrija d.d (LJSE:UKIG)
Jul 20These 4 Measures Indicate That UNIOR Kovaska industrija d.d (LJSE:UKIG) Is Using Debt Extensively
Feb 24Returns On Capital At UNIOR Kovaska industrija d.d (LJSE:UKIG) Have Stalled
May 08Our Take On The Returns On Capital At UNIOR Kovaska industrija d.d (LJSE:UKIG)
Jan 12A Look At The Intrinsic Value Of UNIOR Kovaska industrija d.d. (LJSE:UKIG)
Nov 20Financial Position Analysis
Short Term Liabilities: UKIG's short term assets (€151.3M) exceed its short term liabilities (€78.8M).
Long Term Liabilities: UKIG's short term assets (€151.3M) exceed its long term liabilities (€125.5M).
Debt to Equity History and Analysis
Debt Level: UKIG's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: UKIG's debt to equity ratio has reduced from 74.6% to 62.9% over the past 5 years.
Debt Coverage: UKIG's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: UKIG's interest payments on its debt are not well covered by EBIT (1.6x coverage).