UCB Balance Sheet Health
Financial Health criteria checks 4/6
UCB has a total shareholder equity of €9.1B and total debt of €2.8B, which brings its debt-to-equity ratio to 30.5%. Its total assets and total liabilities are €15.9B and €6.8B respectively. UCB's EBIT is €599.0M making its interest coverage ratio 10. It has cash and short-term investments of €946.0M.
Key information
30.5%
Debt to equity ratio
€2.76b
Debt
| Interest coverage ratio | 10x |
| Cash | €946.00m |
| Equity | €9.06b |
| Total liabilities | €6.80b |
| Total assets | €15.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCB N's short term assets (€3.3B) exceed its short term liabilities (€3.1B).
Long Term Liabilities: UCB N's short term assets (€3.3B) do not cover its long term liabilities (€3.7B).
Debt to Equity History and Analysis
Debt Level: UCB N's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: UCB N's debt to equity ratio has increased from 27.3% to 30.5% over the past 5 years.
Debt Coverage: UCB N's debt is well covered by operating cash flow (40.5%).
Interest Coverage: UCB N's interest payments on its debt are well covered by EBIT (10x coverage).