United Utilities Group Balance Sheet Health
Financial Health criteria checks 1/6
United Utilities Group has a total shareholder equity of £1.9B and total debt of £10.6B, which brings its debt-to-equity ratio to 548.4%. Its total assets and total liabilities are £16.5B and £14.5B respectively. United Utilities Group's EBIT is £579.8M making its interest coverage ratio 2. It has cash and short-term investments of £1.8B.
Key information
548.4%
Debt to equity ratio
UK£10.63b
Debt
| Interest coverage ratio | 2x |
| Cash | UK£1.81b |
| Equity | UK£1.94b |
| Total liabilities | UK£14.52b |
| Total assets | UK£16.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UUEA's short term assets (£2.3B) exceed its short term liabilities (£1.3B).
Long Term Liabilities: UUEA's short term assets (£2.3B) do not cover its long term liabilities (£13.2B).
Debt to Equity History and Analysis
Debt Level: UUEA's net debt to equity ratio (454.8%) is considered high.
Reducing Debt: UUEA's debt to equity ratio has increased from 277.2% to 548.4% over the past 5 years.
Debt Coverage: UUEA's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: UUEA's interest payments on its debt are not well covered by EBIT (2x coverage).