United Airlines Holdings Balance Sheet Health
Financial Health criteria checks 2/6
United Airlines Holdings has a total shareholder equity of $10.5B and total debt of $26.4B, which brings its debt-to-equity ratio to 251.2%. Its total assets and total liabilities are $73.3B and $62.7B respectively. United Airlines Holdings's EBIT is $5.0B making its interest coverage ratio 6.1. It has cash and short-term investments of $15.2B.
Key information
251.2%
Debt to equity ratio
US$26.44b
Debt
| Interest coverage ratio | 6.1x |
| Cash | US$15.25b |
| Equity | US$10.53b |
| Total liabilities | US$62.73b |
| Total assets | US$73.25b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: UAL's short term assets ($20.0B) do not cover its short term liabilities ($25.9B).
Long Term Liabilities: UAL's short term assets ($20.0B) do not cover its long term liabilities ($36.9B).
Debt to Equity History and Analysis
Debt Level: UAL's net debt to equity ratio (106.4%) is considered high.
Reducing Debt: UAL's debt to equity ratio has increased from 137.5% to 251.2% over the past 5 years.
Debt Coverage: UAL's debt is well covered by operating cash flow (21.5%).
Interest Coverage: UAL's interest payments on its debt are well covered by EBIT (6.1x coverage).