United Energy Group Balance Sheet Health
Financial Health criteria checks 6/6
United Energy Group has a total shareholder equity of HK$13.8B and total debt of HK$313.6M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are HK$27.3B and HK$13.5B respectively. United Energy Group's EBIT is HK$2.2B making its interest coverage ratio 30. It has cash and short-term investments of HK$4.8B.
Key information
2.3%
Debt to equity ratio
HK$313.61m
Debt
| Interest coverage ratio | 30x |
| Cash | HK$4.82b |
| Equity | HK$13.81b |
| Total liabilities | HK$13.50b |
| Total assets | HK$27.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1UEN's short term assets (HK$12.6B) exceed its short term liabilities (HK$10.6B).
Long Term Liabilities: 1UEN's short term assets (HK$12.6B) exceed its long term liabilities (HK$2.9B).
Debt to Equity History and Analysis
Debt Level: 1UEN has more cash than its total debt.
Reducing Debt: 1UEN's debt to equity ratio has reduced from 56.4% to 2.3% over the past 5 years.
Debt Coverage: 1UEN's debt is well covered by operating cash flow (2812.1%).
Interest Coverage: 1UEN's interest payments on its debt are well covered by EBIT (30x coverage).