Uniti Group Balance Sheet Health
Financial Health criteria checks 0/6
Uniti Group has a total shareholder equity of $-2.5B and total debt of $5.5B, which brings its debt-to-equity ratio to -222.4%. Its total assets and total liabilities are $5.0B and $7.5B respectively. Uniti Group's EBIT is $579.7M making its interest coverage ratio 1.2. It has cash and short-term investments of $62.3M.
Key information
-222.4%
Debt to equity ratio
US$5.52b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$62.26m |
| Equity | -US$2.48b |
| Total liabilities | US$7.51b |
| Total assets | US$5.03b |
Recent financial health updates
Recent updates
Uniti Group: Fiber Demand Facilitates Leasing Or Sale
Mar 13Uniti Group: High Yield Comes With Too Much Debt
Mar 05Uniti Group adds Dallas-Atlanta, Atlanta-Virginia lit routes to fiber network
Oct 12Should You Be Adding Uniti Group (NASDAQ:UNIT) To Your Watchlist Today?
Sep 16
Uniti Group AFFO of $0.44 beats by $0.05, revenue of $283.95M beats by $5.42M, updates FY guidance
Aug 04Uniti Group - Windstream Dispute: Don't Expect A Resolution
May 27Uniti Group: The REIT's Recovery Climb Continues
Apr 14The Uniti - Windstream Dispute: We Think Both Parties Are Wrong
Mar 11Why Uniti Group Has Big Upside Potential
Dec 15Uniti Group: Takeover Rumours Are More Than Real
Dec 03Uniti Group: Strong Cash Flow Will Preserve Value
Oct 16Uniti Group's Outlook Is Better Than Expected, With Caveats
Aug 25Uniti Group Inc. Just Missed EPS By 10%: Here's What Analysts Think Will Happen Next
Aug 08Uniti Group: 5% Yield, Good Q1 2021
Jul 18Uniti Group (UNIT) Presents At NAREITweek 2021 Investor Virtual Conference - Slideshow
Jun 18Uniti Group FFO beats by $0.13, beats on revenue
May 06Uniti Group: 5% Tech Yield, 20% Options Yields, 2021 Guidance Upbeat
Apr 30Investors Who Bought Uniti Group (NASDAQ:UNIT) Shares A Year Ago Are Now Up 95%
Feb 02Financial Position Analysis
Short Term Liabilities: UNIT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: UNIT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: UNIT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: UNIT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: UNIT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if UNIT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.