United Utilities Group Balance Sheet Health
Financial Health criteria checks 1/6
United Utilities Group has a total shareholder equity of £2.5B and total debt of £8.4B, which brings its debt-to-equity ratio to 333.9%. Its total assets and total liabilities are £14.5B and £12.0B respectively. United Utilities Group's EBIT is £446.2M making its interest coverage ratio 1.5. It has cash and short-term investments of £340.4M.
Key information
333.9%
Debt to equity ratio
UK£8.38b
Debt
| Interest coverage ratio | 1.5x |
| Cash | UK£340.40m |
| Equity | UK£2.51b |
| Total liabilities | UK£12.02b |
| Total assets | UK£14.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UU N's short term assets (£691.4M) exceed its short term liabilities (£575.9M).
Long Term Liabilities: UU N's short term assets (£691.4M) do not cover its long term liabilities (£11.4B).
Debt to Equity History and Analysis
Debt Level: UU N's net debt to equity ratio (320.4%) is considered high.
Reducing Debt: UU N's debt to equity ratio has increased from 268.1% to 333.9% over the past 5 years.
Debt Coverage: UU N's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: UU N's interest payments on its debt are not well covered by EBIT (1.5x coverage).