United Rentals Balance Sheet Health
Financial Health criteria checks 3/6
United Rentals has a total shareholder equity of $8.1B and total debt of $12.2B, which brings its debt-to-equity ratio to 150.2%. Its total assets and total liabilities are $26.7B and $18.5B respectively. United Rentals's EBIT is $4.1B making its interest coverage ratio 6.3. It has cash and short-term investments of $429.0M.
Key information
150.2%
Debt to equity ratio
US$12.20b
Debt
Interest coverage ratio | 6.3x |
Cash | US$429.00m |
Equity | US$8.12b |
Total liabilities | US$18.54b |
Total assets | US$26.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: URI *'s short term assets ($3.0B) do not cover its short term liabilities ($3.4B).
Long Term Liabilities: URI *'s short term assets ($3.0B) do not cover its long term liabilities ($15.2B).
Debt to Equity History and Analysis
Debt Level: URI *'s net debt to equity ratio (144.9%) is considered high.
Reducing Debt: URI *'s debt to equity ratio has reduced from 340.4% to 150.2% over the past 5 years.
Debt Coverage: URI *'s debt is well covered by operating cash flow (39.3%).
Interest Coverage: URI *'s interest payments on its debt are well covered by EBIT (6.3x coverage).