Unity Foods (KAR:UNITY) Cash-to-Debt : 0.43 (As of Dec. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Unity Foods Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Unity Foods's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.43.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Unity Foods couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

The historical rank and industry rank for Unity Foods's Cash-to-Debt or its related term are showing as below:

KAR:UNITY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.29 Max: No Debt
Current: 0.43

During the past 8 years, Unity Foods's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.29.

KAR:UNITY's Cash-to-Debt is ranked worse than
54.1% of 1878 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs KAR:UNITY: 0.43

Unity Foods Cash-to-Debt Historical Data

The historical data trend for Unity Foods's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Unity Foods Cash-to-Debt Chart

Unity Foods Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

0.04

0.43

0.61

0.35

0.22

Unity Foods Quarterly Data
	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial											0.29	0.23	0.22	0.21	0.43

Competitive Comparison of Unity Foods's Cash-to-Debt

For the Packaged Foods subindustry, Unity Foods's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Unity Foods's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Unity Foods's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Unity Foods's Cash-to-Debt falls into.

Save Embed

;

Save Embed

;

Unity Foods Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Unity Foods's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	9191.808	/	(40835.761	+	518.243)
	=	0.22

Unity Foods's Cash to Debt Ratio for the quarter that ended in Dec. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	17496.738	/	(39934.837	+	481.543)
	=	0.43

Unity Foods (KAR:UNITY) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Unity Foods Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Unity Foods's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Unity Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Unity Foods Ltd (KAR:UNITY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unity Tower, Plot No. 8-C, P.E.C.H.S, Block - 6, Karachi, SD, PAK, 75400

Website

https://www.unityfoods.pk

Unity Foods Ltd is engaged in edible oil extraction, refining, and distribution of grains and agro commodities. Its product offerings include Oilseeds, Feed Ingredients, and Other Feed Ingredients. The company's brand includes Pure and Crown Feeds.

Unity Foods Headlines

No Headlines