UNILEVER PLC SPON ADR NEW UL: NYSE

As we are getting ready for Irma here in D.R. this stock looks capable of withstanding any hurricane. The 73 billion market cap-consumer goods Unilever behaved quite well against the SP fall of past days. While the SP500 dropped 2% from August 7 to Aug 18, taking with it all kind of stocks, UL stayed in that period basically flat.

As of this time today UL is making a mini-break to the upside.

Dividend Yield   2.54%

Next Earnings Date 10/19/17

Avg Volume (10 days)    967,445

Almost nobody believes UL is a short candidate

Short figures

Company  Symbol            8/15/17                7/31/17                Chg        % Chg    % Float                Days to cover    

Unilever    UL                     1,159,765             1,234,515             -74,750 -6.1         ...                            1              

Always producing more cash than net income, here are some numbers

		2012	2013	2014	2015	2016
Net Income		4,836	5,263	5,515	5,259	5,547
Total Cash from Operations		6,836	6,294	5,543	7,330	7,047
Total Revenue		51,324	49,797	48,436	53,272	52,713
Total Receivables, Net		3,491	3,675	3,592	3,722	4,115
Cash and Short Term Inv		2,694	2,651	2,346	2,639	3,682
Total Liabilities		30,797	31,169	34,376	36,859	40,075

I always look at the balance sheet taking out intangibles and goodwill, UL is moderately leveraged but still they produce plenty of cash.

	Q2 2015	Q4 2015	Q2 2016	Q4 2016	Q2 2017
	42185	42369	42551	42735	42916
ASSETS
Cash & Equivalents	2710	2302	3119	3382	5016
Short Term Investments	868	836	678	599	825
Trade Accts Recvble, Net	6368	4804	6291	5102	6215
Other Receivables	296	230	319	317	328
Total Inventory	4588	4335	4649	4278	4162
Other Curr. Assets, Total	37	179	197	206	52
Prop./Plant/Equip. - Net	11067	11058	11048	11673	11063
Long Term Investments	617	605	602	673	685
Pension Bene. - Overfunded	1024	934	408	694	1334
Def. Inc. Tax - LT Asset	1163	1185	1458	1354	1255
Other Long Term Assets	762	771	898	718	615
Total Assets	29500	27239	29667	28996	31550
LIABILITIES
Total Current Liabilities	21840	20019	21310	20556	19820
Total Long Term Debt	8967	9854	10612	11145	14552
Total Debt	15382	14643	16371	16595	19633
Deferred Income Tax	1785	1744	1542	2061	2053
Minority Interest	620	643	622	626	615
Reserves	899	831	951	1033	1001
Pension Benefits - Underfunded	3569	3254	4240	3867	2896
Other LT Liabilities	441	514	414	787	865
Other Liabilities, Total	4909	4599	5605	5687	4762
Total Liabilities	38121	36859	39691	40075	41802