Unilever Balance Sheet Health
Financial Health criteria checks 3/6
Unilever has a total shareholder equity of €23.0B and total debt of €30.3B, which brings its debt-to-equity ratio to 131.6%. Its total assets and total liabilities are €79.8B and €56.8B respectively. Unilever's EBIT is €10.9B making its interest coverage ratio 15.2. It has cash and short-term investments of €6.4B.
Key information
131.6%
Debt to equity ratio
€30.30b
Debt
| Interest coverage ratio | 15.2x |
| Cash | €6.41b |
| Equity | €23.02b |
| Total liabilities | €56.81b |
| Total assets | €79.83b |
Recent financial health updates
No updates
Recent updates
Unilever: A Path To Dividend Growth And Solid Returns Lies Ahead
Nov 13Unilever: This Giant Continues To Grow Step By Step
Oct 25Unilever Progressing On P&G Transformation Playbook
Sep 26Unilever: Nearing The Tipping Point
Aug 27Unilever: New CEO Making Impact
Aug 12Unilever: Unjustified Discount Despite Upping Its Performance
Jul 10Unilever: Recent Performance Has Removed The Margin Of Safety
Jun 06Unilever: The Company Is Moving In The Right Direction
Mar 24Unilever: Don't Expect Market Beating Returns
Feb 13Unilever: From Quantity Of Brands To Quality Of Brands
Jan 10Unilever Hasn't Been This Cheap Since More Than A Decade
Dec 20Unilever: New CEO Making Changes
Dec 04Unilever: Higher Quality Growth Needed
Nov 01Financial Position Analysis
Short Term Liabilities: UL's short term assets (€20.2B) do not cover its short term liabilities (€26.1B).
Long Term Liabilities: UL's short term assets (€20.2B) do not cover its long term liabilities (€30.7B).
Debt to Equity History and Analysis
Debt Level: UL's net debt to equity ratio (103.7%) is considered high.
Reducing Debt: UL's debt to equity ratio has reduced from 201.7% to 131.6% over the past 5 years.
Debt Coverage: UL's debt is well covered by operating cash flow (31.1%).
Interest Coverage: UL's interest payments on its debt are well covered by EBIT (15.2x coverage).