Universal Security Instruments Balance Sheet Health
Financial Health criteria checks 6/6
Universal Security Instruments has a total shareholder equity of $5.4M and total debt of $1.1M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are $8.9M and $3.5M respectively. Universal Security Instruments's EBIT is $512.5K making its interest coverage ratio 3.9. It has cash and short-term investments of $39.2K.
Key information
20.6%
Debt to equity ratio
US$1.12m
Debt
Interest coverage ratio | 3.9x |
Cash | US$39.18k |
Equity | US$5.44m |
Total liabilities | US$3.46m |
Total assets | US$8.90m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: UUU's short term assets ($8.7M) exceed its short term liabilities ($3.4M).
Long Term Liabilities: UUU's short term assets ($8.7M) exceed its long term liabilities ($53.3K).
Debt to Equity History and Analysis
Debt Level: UUU's net debt to equity ratio (19.9%) is considered satisfactory.
Reducing Debt: UUU's debt to equity ratio has reduced from 66.7% to 20.6% over the past 5 years.
Debt Coverage: UUU's debt is well covered by operating cash flow (122.3%).
Interest Coverage: UUU's interest payments on its debt are well covered by EBIT (3.9x coverage).