Unique Logistics International Balance Sheet Health
Financial Health criteria checks 2/6
Unique Logistics International has a total shareholder equity of $16.1M and total debt of $36.3M, which brings its debt-to-equity ratio to 225.7%. Its total assets and total liabilities are $103.3M and $87.2M respectively.
Key information
225.7%
Debt to equity ratio
US$36.29m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.80m |
| Equity | US$16.08m |
| Total liabilities | US$87.23m |
| Total assets | US$103.32m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNQL's short term assets ($51.7M) exceed its short term liabilities ($47.5M).
Long Term Liabilities: UNQL's short term assets ($51.7M) exceed its long term liabilities ($39.7M).
Debt to Equity History and Analysis
Debt Level: UNQL's net debt to equity ratio (202.1%) is considered high.
Reducing Debt: Insufficient data to determine if UNQL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: UNQL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if UNQL's interest payments on its debt are well covered by EBIT.