Unum Group Balance Sheet Health
Financial Health criteria checks 4/6
Unum Group has a total shareholder equity of $10.2B and total debt of $3.6B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are $62.5B and $52.3B respectively. Unum Group's EBIT is $1.9B making its interest coverage ratio 9.6. It has cash and short-term investments of $1.9B.
Key information
35.0%
Debt to equity ratio
US$3.58b
Debt
Interest coverage ratio | 9.6x |
Cash | US$1.88b |
Equity | US$10.22b |
Total liabilities | US$52.27b |
Total assets | US$62.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UUM's short term assets ($13.0B) exceed its short term liabilities ($895.8M).
Long Term Liabilities: UUM's short term assets ($13.0B) do not cover its long term liabilities ($51.4B).
Debt to Equity History and Analysis
Debt Level: UUM's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: UUM's debt to equity ratio has increased from 31.3% to 35% over the past 5 years.
Debt Coverage: UUM's debt is well covered by operating cash flow (37.7%).
Interest Coverage: UUM's interest payments on its debt are well covered by EBIT (9.6x coverage).