Asset Breakdown
369.2 M
Assets Non Current
242.7 M
Current Assets
| Total Assets | 529.51 Million | |
| Current Assets | 242.69 Million | |
| Assets Non Current | 369.19 Million | |
| Goodwill | 13.89 Million | |
| Tax Assets | 7.24 Million |
You think Unifi Inc (NYSE:UFI) debt is an issue for stockholders?
 | By Rifka Kats | Macroaxis Story |
Unifi Inc New is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 27th of January 2021. Unifi Inc Average Assets are most likely to decrease significantly in the upcoming years. The last year's value of Average Assets was reported at 533.03 Million. The current Earnings Before Interest Taxes and Depreciation Amortization EBITDA is estimated to increase to about 40.2 M, while Free Cash Flow is projected to decrease to roughly 45.4 M. As many baby boomers are still indifferent towards consumer cyclical space, it makes sense to concentrate on Unifi Inc New as a unique choice for millenniums. I will address a few possible reasons stockholders do not currently respect this stock.
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Reviewed by Michael Smolkin
Unifi Inc New has 105.59 M in debt with debt to equity (D/E) ratio of 0.33, which is OK given its current industry classification. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Unifi Inc has an asset utilization ratio of 56.16 percent. This implies that the company is making $0.56 for each dollar of assets. An increasing asset utilization means that Unifi Inc New is more efficient with each dollar of assets it utilizes for everyday operations. Unifi financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Unifi, including all of Unifi's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Unifi assets, the company is considered highly leveraged. Understanding the composition and structure of overall Unifi debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.
Understanding Unifi Total Debt
Unifi Inc liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Unifi Inc has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Unifi balance sheet include debt obligations and money owed to different Unifi vendors, workers, and loan providers. Below is the chart of Unifi main long-term debt accounts currently reported on its balance sheet. You can use Unifi Inc financial leverage analysis tool to get a better grip on understanding its financial positionHow important is Unifi's Liquidity
Unifi financial leverage refers to using borrowed capital as a funding source to finance Unifi Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Unifi financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Unifi's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Unifi's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between Unifi's total debt and its cash.
What is driving Unifi Investor Appetite?
The current rise in Unifi Inc New short term price appreciation created some momentum for stockholders as it was traded today as low as 18.85 and as high as 19.48 per share. The company directors and management have successfully maneuvered the company at convenient times to take advantage of all market conditions in December. The stock standard deviation of daily returns for 30 days investing horizon is currently 3.2. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Unifi Inc New partners.
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