United Malt Group Balance Sheet Health

Financial Health criteria checks 2/6

United Malt Group has a total shareholder equity of A$1.1B and total debt of A$716.9M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are A$2.2B and A$1.1B respectively. United Malt Group's EBIT is A$14.4M making its interest coverage ratio 0.6. It has cash and short-term investments of A$159.1M.

Key information

67.0%

Debt to equity ratio

AU$716.90m

Debt

Interest coverage ratio0.6x
CashAU$159.10m
EquityAU$1.07b
Total liabilitiesAU$1.11b
Total assetsAU$2.18b

Recent financial health updates

Recent updates

A Look At The Intrinsic Value Of United Malt Group Limited (ASX:UMG)

May 01
A Look At The Intrinsic Value Of United Malt Group Limited (ASX:UMG)

Auditors Are Concerned About United Malt Group (ASX:UMG)

Nov 17
Auditors Are Concerned About United Malt Group (ASX:UMG)

United Malt Group (ASX:UMG) May Have Issues Allocating Its Capital

Nov 01
United Malt Group (ASX:UMG) May Have Issues Allocating Its Capital

There Are Reasons To Feel Uneasy About United Malt Group's (ASX:UMG) Returns On Capital

Aug 01
There Are Reasons To Feel Uneasy About United Malt Group's (ASX:UMG) Returns On Capital

Are Investors Undervaluing United Malt Group Limited (ASX:UMG) By 37%?

Mar 07
Are Investors Undervaluing United Malt Group Limited (ASX:UMG) By 37%?

The Returns On Capital At United Malt Group (ASX:UMG) Don't Inspire Confidence

Jan 13
The Returns On Capital At United Malt Group (ASX:UMG) Don't Inspire Confidence

United Malt Group (ASX:UMG) Has Affirmed Its Dividend Of AU$0.035

Nov 19
United Malt Group (ASX:UMG) Has Affirmed Its Dividend Of AU$0.035

United Malt Group (ASX:UMG) Might Be Having Difficulty Using Its Capital Effectively

Jul 28
United Malt Group (ASX:UMG) Might Be Having Difficulty Using Its Capital Effectively

United Malt Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

May 20
United Malt Group Limited Just Missed Earnings - But Analysts Have Updated Their Models

United Malt Group Limited (ASX:UMG) Is Yielding 1.9% - But Is It A Buy?

Jan 26
United Malt Group Limited (ASX:UMG) Is Yielding 1.9% - But Is It A Buy?

These 4 Measures Indicate That United Malt Group (ASX:UMG) Is Using Debt Extensively

Jan 08
These 4 Measures Indicate That United Malt Group (ASX:UMG) Is Using Debt Extensively

How Much Are United Malt Group Limited (ASX:UMG) Insiders Spending On Buying Shares?

Dec 21
How Much Are United Malt Group Limited (ASX:UMG) Insiders Spending On Buying Shares?

Should You Use United Malt Group's (ASX:UMG) Statutory Earnings To Analyse It?

Dec 01
Should You Use United Malt Group's (ASX:UMG) Statutory Earnings To Analyse It?

Financial Position Analysis

Short Term Liabilities: UMG's short term assets (A$931.8M) exceed its short term liabilities (A$544.9M).

Long Term Liabilities: UMG's short term assets (A$931.8M) exceed its long term liabilities (A$562.7M).


Debt to Equity History and Analysis

Debt Level: UMG's net debt to equity ratio (52.2%) is considered high.

Reducing Debt: Insufficient data to determine if UMG's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: UMG's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: UMG's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/11/18 01:56
End of Day Share Price 2023/10/17 00:00
Earnings2023/03/31
Annual Earnings2022/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

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Industry and Sector Metrics

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Analyst Sources

United Malt Group Limited is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan SnapeBell Potter
Alexander PatonCitigroup Inc
Edmund Anthony HenningCLSA