UFP Industries Balance Sheet Health
Financial Health criteria checks 6/6
UFP Industries has a total shareholder equity of $3.1B and total debt of $277.1M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $4.1B and $943.2M respectively. UFP Industries's EBIT is $618.6M making its interest coverage ratio -16.7. It has cash and short-term investments of $1.0B.
Key information
8.8%
Debt to equity ratio
US$277.10m
Debt
Interest coverage ratio | -16.7x |
Cash | US$1.02b |
Equity | US$3.14b |
Total liabilities | US$943.16m |
Total assets | US$4.08b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UF3's short term assets ($2.5B) exceed its short term liabilities ($525.0M).
Long Term Liabilities: UF3's short term assets ($2.5B) exceed its long term liabilities ($418.1M).
Debt to Equity History and Analysis
Debt Level: UF3 has more cash than its total debt.
Reducing Debt: UF3's debt to equity ratio has reduced from 25.1% to 8.8% over the past 5 years.
Debt Coverage: UF3's debt is well covered by operating cash flow (353.7%).
Interest Coverage: UF3 earns more interest than it pays, so coverage of interest payments is not a concern.