UFP Industries Balance Sheet Health
Financial Health criteria checks 6/6
UFP Industries has a total shareholder equity of $3.1B and total debt of $277.1M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $4.1B and $943.2M respectively. UFP Industries's EBIT is $618.6M making its interest coverage ratio -16.7. It has cash and short-term investments of $1.0B.
Key information
8.8%
Debt to equity ratio
US$277.10m
Debt
| Interest coverage ratio | -16.7x |
| Cash | US$1.02b |
| Equity | US$3.14b |
| Total liabilities | US$943.16m |
| Total assets | US$4.08b |
Recent financial health updates
UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
May 29
UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
Dec 25UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
Sep 24Is UFP Industries (NASDAQ:UFPI) Using Too Much Debt?
Jun 20UFP Industries (NASDAQ:UFPI) Has A Rock Solid Balance Sheet
Jan 31UFP Industries (NASDAQ:UFPI) Has A Rock Solid Balance Sheet
Oct 12Recent updates
When Should You Buy UFP Industries, Inc. (NASDAQ:UFPI)?
Jun 13UFP Industries: Overvalued, Even If It Can Continue To Grow With Acquisitions
May 30UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
May 29Returns At UFP Industries (NASDAQ:UFPI) Are On The Way Up
May 03Improved Earnings Required Before UFP Industries, Inc. (NASDAQ:UFPI) Shares Find Their Feet
Apr 08Is UFP Industries, Inc. (NASDAQ:UFPI) Potentially Undervalued?
Feb 22UFP Industries (NASDAQ:UFPI) Is Increasing Its Dividend To $0.33
Feb 09Investors Should Be Encouraged By UFP Industries' (NASDAQ:UFPI) Returns On Capital
Jan 23There Is A Reason UFP Industries, Inc.'s (NASDAQ:UFPI) Price Is Undemanding
Jan 08UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
Dec 25UFP Industries (NASDAQ:UFPI) Is Achieving High Returns On Its Capital
Oct 18UFP Industries (NASDAQ:UFPI) Has A Pretty Healthy Balance Sheet
Sep 24Should You Think About Buying UFP Industries, Inc. (NASDAQ:UFPI) Now?
Sep 11UFP Industries (NASDAQ:UFPI) Is Paying Out A Larger Dividend Than Last Year
Aug 28UFP Industries (NASDAQ:UFPI) Will Pay A Larger Dividend Than Last Year At $0.30
Aug 09Under The Bonnet, UFP Industries' (NASDAQ:UFPI) Returns Look Impressive
Jul 15Is UFP Industries (NASDAQ:UFPI) Using Too Much Debt?
Jun 20Calculating The Fair Value Of UFP Industries, Inc. (NASDAQ:UFPI)
May 19UFP Industries (NASDAQ:UFPI) Has Affirmed Its Dividend Of $0.25
May 07Under The Bonnet, UFP Industries' (NASDAQ:UFPI) Returns Look Impressive
Apr 15Should You Investigate UFP Industries, Inc. (NASDAQ:UFPI) At US$76.62?
Mar 24UFP Industries (NASDAQ:UFPI) Has A Rock Solid Balance Sheet
Jan 31Estimating The Intrinsic Value Of UFP Industries, Inc. (NASDAQ:UFPI)
Jan 20Shareholders Would Enjoy A Repeat Of UFP Industries' (NASDAQ:UFPI) Recent Growth In Returns
Jan 09Do UFP Industries' (NASDAQ:UFPI) Earnings Warrant Your Attention?
Dec 18What Does UFP Industries, Inc.'s (NASDAQ:UFPI) Share Price Indicate?
Dec 06UFP Industries Q3 2022 Earnings Preview
Oct 19UFP Industries (NASDAQ:UFPI) Has A Rock Solid Balance Sheet
Oct 12Are Investors Undervaluing UFP Industries, Inc. (NASDAQ:UFPI) By 42%?
Sep 29UFP Industries: Current Robust Performance Is Not Needed To Justify Upside
Sep 16Returns on Capital Paint A Bright Future For UFP Industries (NASDAQ:UFPI)
Sep 07UFP Industries goes ex-dividend tomorrow
Aug 30Is UFP Industries, Inc. (NASDAQ:UFPI) Potentially Undervalued?
Jul 25Financial Position Analysis
Short Term Liabilities: UFPI's short term assets ($2.5B) exceed its short term liabilities ($525.0M).
Long Term Liabilities: UFPI's short term assets ($2.5B) exceed its long term liabilities ($418.1M).
Debt to Equity History and Analysis
Debt Level: UFPI has more cash than its total debt.
Reducing Debt: UFPI's debt to equity ratio has reduced from 25.1% to 8.8% over the past 5 years.
Debt Coverage: UFPI's debt is well covered by operating cash flow (353.7%).
Interest Coverage: UFPI earns more interest than it pays, so coverage of interest payments is not a concern.