UCB Balance Sheet Health
Financial Health criteria checks 4/6
UCB has a total shareholder equity of €9.0B and total debt of €2.8B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are €15.6B and €6.7B respectively. UCB's EBIT is €491.0M making its interest coverage ratio 3.8. It has cash and short-term investments of €428.0M.
Key information
31.8%
Debt to equity ratio
€2.85b
Debt
| Interest coverage ratio | 3.8x |
| Cash | €428.00m |
| Equity | €8.95b |
| Total liabilities | €6.68b |
| Total assets | €15.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCB's short term assets (€3.3B) exceed its short term liabilities (€2.8B).
Long Term Liabilities: UCB's short term assets (€3.3B) do not cover its long term liabilities (€3.9B).
Debt to Equity History and Analysis
Debt Level: UCB's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: UCB's debt to equity ratio has increased from 19.7% to 31.8% over the past 5 years.
Debt Coverage: UCB's debt is well covered by operating cash flow (31.2%).
Interest Coverage: UCB's interest payments on its debt are well covered by EBIT (3.8x coverage).