Unilever Balance Sheet Health
Financial Health criteria checks 3/6
Unilever has a total shareholder equity of €20.8B and total debt of €28.2B, which brings its debt-to-equity ratio to 135.9%. Its total assets and total liabilities are €75.3B and €54.5B respectively. Unilever's EBIT is €10.1B making its interest coverage ratio 15.9. It has cash and short-term investments of €5.9B.
Key information
135.9%
Debt to equity ratio
€28.23b
Debt
| Interest coverage ratio | 15.9x |
| Cash | €5.85b |
| Equity | €20.76b |
| Total liabilities | €54.50b |
| Total assets | €75.27b |
Recent financial health updates
No updates
Recent updates
Unilever: 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 01Unilever: Not Appealing In Spite Of Decent Dividend Yield
Sep 23Unilever: At The Crossroads Of Years Of Underperformance
Aug 23Unilever: Appetizing With A FCF Yield Of 6.3% Hedged To Inflation
Jul 18Unilever: A Consumer Giant In Need Of A Turnaround
Jun 20Unilever: SKU Rationalization And Growth Prospects
Jun 06Financial Position Analysis
Short Term Liabilities: UL's short term assets (€17.9B) do not cover its short term liabilities (€23.5B).
Long Term Liabilities: UL's short term assets (€17.9B) do not cover its long term liabilities (€31.0B).
Debt to Equity History and Analysis
Debt Level: UL's net debt to equity ratio (107.8%) is considered high.
Reducing Debt: UL's debt to equity ratio has reduced from 204.3% to 135.9% over the past 5 years.
Debt Coverage: UL's debt is well covered by operating cash flow (33.4%).
Interest Coverage: UL's interest payments on its debt are well covered by EBIT (15.9x coverage).