Upbound Group Balance Sheet Health
Financial Health criteria checks 2/6
Upbound Group has a total shareholder equity of $670.3M and total debt of $1.3B, which brings its debt-to-equity ratio to 198.2%. Its total assets and total liabilities are $2.7B and $2.1B respectively. Upbound Group's EBIT is $133.1M making its interest coverage ratio 1.4. It has cash and short-term investments of $171.7M.
Key information
198.2%
Debt to equity ratio
US$1.33b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$171.70m |
| Equity | US$670.34m |
| Total liabilities | US$2.07b |
| Total assets | US$2.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UPBD *'s short term assets ($324.4M) do not cover its short term liabilities ($519.0M).
Long Term Liabilities: UPBD *'s short term assets ($324.4M) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: UPBD *'s net debt to equity ratio (172.6%) is considered high.
Reducing Debt: UPBD *'s debt to equity ratio has reduced from 233.9% to 198.2% over the past 5 years.
Debt Coverage: UPBD *'s debt is well covered by operating cash flow (27.7%).
Interest Coverage: UPBD *'s interest payments on its debt are not well covered by EBIT (1.4x coverage).