Universal Insurance Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Universal Insurance Holdings has a total shareholder equity of $341.3M and total debt of $116.6M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are $2.3B and $2.0B respectively. Universal Insurance Holdings's EBIT is $94.9M making its interest coverage ratio 14.5. It has cash and short-term investments of $397.3M.
Key information
34.2%
Debt to equity ratio
US$116.60m
Debt
Interest coverage ratio | 14.5x |
Cash | US$397.31m |
Equity | US$341.30m |
Total liabilities | US$1.98b |
Total assets | US$2.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5UI's short term assets ($940.7M) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: 5UI's short term assets ($940.7M) exceed its long term liabilities ($414.2M).
Debt to Equity History and Analysis
Debt Level: 5UI has more cash than its total debt.
Reducing Debt: 5UI's debt to equity ratio has increased from 22.8% to 34.2% over the past 5 years.
Debt Coverage: 5UI's debt is well covered by operating cash flow (60.9%).
Interest Coverage: 5UI's interest payments on its debt are well covered by EBIT (14.5x coverage).