Unum Group Balance Sheet Health
Financial Health criteria checks 5/6
Unum Group has a total shareholder equity of $11.0B and total debt of $3.6B, which brings its debt-to-equity ratio to 32.9%. Its total assets and total liabilities are $64.1B and $53.2B respectively. Unum Group's EBIT is $2.4B making its interest coverage ratio 12.4. It has cash and short-term investments of $2.2B.
Key information
32.9%
Debt to equity ratio
US$3.60b
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$2.15b |
| Equity | US$10.95b |
| Total liabilities | US$53.19b |
| Total assets | US$64.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0LJN's short term assets ($13.1B) exceed its short term liabilities ($742.6M).
Long Term Liabilities: 0LJN's short term assets ($13.1B) do not cover its long term liabilities ($52.4B).
Debt to Equity History and Analysis
Debt Level: 0LJN's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: 0LJN's debt to equity ratio has reduced from 35.7% to 32.9% over the past 5 years.
Debt Coverage: 0LJN's debt is well covered by operating cash flow (38.1%).
Interest Coverage: 0LJN's interest payments on its debt are well covered by EBIT (12.4x coverage).