United Natural Foods Balance Sheet Health
Financial Health criteria checks 2/6
United Natural Foods has a total shareholder equity of $1.6B and total debt of $2.1B, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are $7.5B and $5.9B respectively. United Natural Foods's EBIT is $147.0M making its interest coverage ratio 1. It has cash and short-term investments of $45.0M.
Key information
127.4%
Debt to equity ratio
US$2.09b
Debt
| Interest coverage ratio | 1x |
| Cash | US$45.00m |
| Equity | US$1.64b |
| Total liabilities | US$5.89b |
| Total assets | US$7.53b |
Recent financial health updates
Is United Natural Foods (NYSE:UNFI) A Risky Investment?
Aug 28
Does United Natural Foods (NYSE:UNFI) Have A Healthy Balance Sheet?
May 21Does United Natural Foods (NYSE:UNFI) Have A Healthy Balance Sheet?
Oct 29These 4 Measures Indicate That United Natural Foods (NYSE:UNFI) Is Using Debt Extensively
May 19United Natural Foods (NYSE:UNFI) Use Of Debt Could Be Considered Risky
Dec 26Recent updates
United Natural Foods' (NYSE:UNFI) Returns On Capital Not Reflecting Well On The Business
Nov 10Earnings Update: Here's Why Analysts Just Lifted Their United Natural Foods, Inc. (NYSE:UNFI) Price Target To US$20.86
Oct 05Is United Natural Foods (NYSE:UNFI) A Risky Investment?
Aug 28United Natural Foods: Undervalued Assets And Cash Flow Leave A Clear Runway To A Stock Price Increase
Aug 26United Natural Foods' (NYSE:UNFI) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Jul 30United Natural Foods: Green Shoots Arriving
Jun 11Does United Natural Foods (NYSE:UNFI) Have A Healthy Balance Sheet?
May 21United Natural Foods: Still Challenged, Minor Green Shoots Arrive
Jan 28Is United Natural Foods, Inc. (NYSE:UNFI) Trading At A 36% Discount?
Jan 07United Natural Foods: Market Cap Below Equity Value Is Not Enough To Ignore Issues
Nov 18Does United Natural Foods (NYSE:UNFI) Have A Healthy Balance Sheet?
Oct 29Returns On Capital At United Natural Foods (NYSE:UNFI) Paint A Concerning Picture
Oct 10United Natural Foods: An Unappetizing Downgrade
Sep 27Is Now The Time To Look At Buying United Natural Foods, Inc. (NYSE:UNFI)?
Sep 21United Natural Foods: Some Hope Remaining
Sep 07United Natural Foods: Shocking Earnings Shortfall And Value Destruction
Jun 30Macro And Execution Issues Leave United Natural Foods Investors Feeling Sick
Jun 07United Natural Foods: Looking Incredibly Tasty After Plunging
May 23These 4 Measures Indicate That United Natural Foods (NYSE:UNFI) Is Using Debt Extensively
May 19Is It Too Late To Consider Buying United Natural Foods, Inc. (NYSE:UNFI)?
Mar 20United Natural Foods and ECRS sign agreement for grocery retailers growth and efficiency
Feb 16United Natural Foods: New Fiscal Year Brings Sales Growth And A Growing Customer Base
Dec 29United Natural Foods (NYSE:UNFI) Use Of Debt Could Be Considered Risky
Dec 26At US$45.58, Is United Natural Foods, Inc. (NYSE:UNFI) Worth Looking At Closely?
Dec 07United Natural Foods Q1 2023 Earnings Preview
Dec 06Here's Why We Think United Natural Foods (NYSE:UNFI) Is Well Worth Watching
Oct 24United Natural Foods: Proving Resilient Despite The Challenges - Q4/FY Earnings Review
Oct 16United Natural Foods Q4 2022 Earnings Preview
Sep 26Market Power Propels United Natural Foods
Sep 14Financial Position Analysis
Short Term Liabilities: UNFI's short term assets ($3.4B) exceed its short term liabilities ($2.4B).
Long Term Liabilities: UNFI's short term assets ($3.4B) do not cover its long term liabilities ($3.5B).
Debt to Equity History and Analysis
Debt Level: UNFI's net debt to equity ratio (124.6%) is considered high.
Reducing Debt: UNFI's debt to equity ratio has reduced from 198.3% to 127.4% over the past 5 years.
Debt Coverage: UNFI's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: UNFI's interest payments on its debt are not well covered by EBIT (1x coverage).