United Natural Foods Balance Sheet Health
Financial Health criteria checks 2/6
United Natural Foods has a total shareholder equity of $1.7B and total debt of $2.2B, which brings its debt-to-equity ratio to 128%. Its total assets and total liabilities are $7.6B and $5.9B respectively. United Natural Foods's EBIT is $55.0M making its interest coverage ratio 0.4. It has cash and short-term investments of $51.0M.
Key information
128.0%
Debt to equity ratio
US$2.15b
Debt
| Interest coverage ratio | 0.4x |
| Cash | US$51.00m |
| Equity | US$1.68b |
| Total liabilities | US$5.90b |
| Total assets | US$7.59b |
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 26United Natural Foods (NYSE:UNFI) Use Of Debt Could Be Considered Risky
Aug 14Recent updates
Is 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 14United Natural Foods: Best In Class
Sep 06Is United Natural Foods, Inc. (NYSE:UNFI) Potentially Undervalued?
Sep 06United Natural Foods: New Leadership And Enhanced Supply Chain Can Drive Future Growth
Aug 22United Natural Foods (NYSE:UNFI) Use Of Debt Could Be Considered Risky
Aug 14If EPS Growth Is Important To You, United Natural Foods (NYSE:UNFI) Presents An Opportunity
Jul 18Is Now An Opportune Moment To Examine United Natural Foods, Inc. (NYSE:UNFI)?
Jun 08Financial Position Analysis
Short Term Liabilities: UNFI's short term assets ($3.5B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: UNFI's short term assets ($3.5B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: UNFI's net debt to equity ratio (125%) is considered high.
Reducing Debt: UNFI's debt to equity ratio has reduced from 201.5% to 128% over the past 5 years.
Debt Coverage: UNFI's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: UNFI's interest payments on its debt are not well covered by EBIT (0.4x coverage).