United Parcel Service Balance Sheet Health
Financial Health criteria checks 4/6
United Parcel Service has a total shareholder equity of $16.9B and total debt of $21.5B, which brings its debt-to-equity ratio to 127.3%. Its total assets and total liabilities are $68.3B and $51.4B respectively. United Parcel Service's EBIT is $8.5B making its interest coverage ratio 72.9. It has cash and short-term investments of $6.1B.
Key information
127.3%
Debt to equity ratio
US$21.49b
Debt
| Interest coverage ratio | 72.9x |
| Cash | US$6.06b |
| Equity | US$16.88b |
| Total liabilities | US$51.38b |
| Total assets | US$68.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UPS's short term assets ($17.3B) exceed its short term liabilities ($15.1B).
Long Term Liabilities: UPS's short term assets ($17.3B) do not cover its long term liabilities ($36.3B).
Debt to Equity History and Analysis
Debt Level: UPS's net debt to equity ratio (91.4%) is considered high.
Reducing Debt: UPS's debt to equity ratio has reduced from 420.7% to 127.3% over the past 5 years.
Debt Coverage: UPS's debt is well covered by operating cash flow (42.9%).
Interest Coverage: UPS's interest payments on its debt are well covered by EBIT (72.9x coverage).