Unique Logistics International Balance Sheet Health
Financial Health criteria checks 2/6
Unique Logistics International has a total shareholder equity of $6.3M and total debt of $34.1M, which brings its debt-to-equity ratio to 537.6%. Its total assets and total liabilities are $105.6M and $99.3M respectively.
Key information
537.6%
Debt to equity ratio
US$34.10m
Debt
Interest coverage ratio | n/a |
Cash | US$6.74m |
Equity | US$6.34m |
Total liabilities | US$99.28m |
Total assets | US$105.63m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UNQL's short term assets ($57.2M) exceed its short term liabilities ($52.0M).
Long Term Liabilities: UNQL's short term assets ($57.2M) exceed its long term liabilities ($47.3M).
Debt to Equity History and Analysis
Debt Level: UNQL's net debt to equity ratio (431.3%) 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.