Umeme Balance Sheet Health
Financial Health criteria checks 5/6
Umeme has a total shareholder equity of UGX937.4B and total debt of UGX91.2B, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are UGX2,347.2B and UGX1,409.9B respectively. Umeme's EBIT is UGX50.4B making its interest coverage ratio 5.2. It has cash and short-term investments of UGX42.8B.
Key information
9.7%
Debt to equity ratio
USh91.19b
Debt
Interest coverage ratio | 5.2x |
Cash | USh42.82b |
Equity | USh937.38b |
Total liabilities | USh1.41t |
Total assets | USh2.35t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMEM's short term assets (UGX827.4B) do not cover its short term liabilities (UGX1,224.7B).
Long Term Liabilities: UMEM's short term assets (UGX827.4B) exceed its long term liabilities (UGX185.2B).
Debt to Equity History and Analysis
Debt Level: UMEM's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: UMEM's debt to equity ratio has reduced from 73.4% to 9.7% over the past 5 years.
Debt Coverage: UMEM's debt is well covered by operating cash flow (505.5%).
Interest Coverage: UMEM's interest payments on its debt are well covered by EBIT (5.2x coverage).