Universal Security Instruments Balance Sheet Health
Financial Health criteria checks 3/6
Universal Security Instruments has a total shareholder equity of $4.5M and total debt of $2.2M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are $8.7M and $4.1M respectively.
Key information
49.2%
Debt to equity ratio
US$2.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$321.54k |
| Equity | US$4.52m |
| Total liabilities | US$4.14m |
| Total assets | US$8.67m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: UUU's short term assets ($8.5M) exceed its short term liabilities ($4.1M).
Long Term Liabilities: UUU has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: UUU's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: UUU's debt to equity ratio has reduced from 72.4% to 49.2% over the past 5 years.
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: Insufficient data to determine if UUU has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if UUU has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.