United Rentals Balance Sheet Health
Financial Health criteria checks 3/6
United Rentals has a total shareholder equity of $8.1B and total debt of $11.3B, which brings its debt-to-equity ratio to 139.3%. Its total assets and total liabilities are $25.6B and $17.5B respectively. United Rentals's EBIT is $4.0B making its interest coverage ratio 6.2. It has cash and short-term investments of $363.0M.
Key information
139.3%
Debt to equity ratio
US$11.33b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$363.00m |
| Equity | US$8.13b |
| Total liabilities | US$17.46b |
| Total assets | US$25.59b |
Recent financial health updates
Does United Rentals (NYSE:URI) Have A Healthy Balance Sheet?
Feb 20
Is United Rentals (NYSE:URI) Using Too Much Debt?
Oct 17United Rentals (NYSE:URI) Has A Pretty Healthy Balance Sheet
Jul 10We Think United Rentals (NYSE:URI) Can Stay On Top Of Its Debt
Mar 27United Rentals (NYSE:URI) Seems To Use Debt Quite Sensibly
Dec 21Recent updates
What Is United Rentals, Inc.'s (NYSE:URI) Share Price Doing?
Apr 20United Rentals: Take Profits While You Can
Apr 10Returns On Capital Are Showing Encouraging Signs At United Rentals (NYSE:URI)
Apr 08United Rentals: Wonderful Company, Terrible Price
Mar 29If EPS Growth Is Important To You, United Rentals (NYSE:URI) Presents An Opportunity
Mar 25Does United Rentals (NYSE:URI) Have A Healthy Balance Sheet?
Feb 20United Rentals (NYSE:URI) Is Increasing Its Dividend To $1.63
Jan 28United Rentals: Why I Plan On Buying It
Jan 28United Rentals: Valuation Has Finally Caught Up To Fundamentals (Rating Downgrade)
Jan 08United Rentals, Inc. (NYSE:URI) Stock Rockets 27% As Investors Are Less Pessimistic Than Expected
Dec 28Is It Time To Consider Buying United Rentals, Inc. (NYSE:URI)?
Dec 20Calculating The Fair Value Of United Rentals, Inc. (NYSE:URI)
Dec 08United Rentals: Expect Future Returns To Moderate (Rating Downgrade)
Dec 06What Makes United Rentals Is One Of The World's Best Companies
Nov 28Here's Why We Think United Rentals (NYSE:URI) Is Well Worth Watching
Nov 26Returns On Capital Are Showing Encouraging Signs At United Rentals (NYSE:URI)
Oct 30United Rentals: Attractively Valued With Good Growth Prospects
Oct 27Is United Rentals (NYSE:URI) Using Too Much Debt?
Oct 17United Rentals: Secular Trends And Internal Growth Can Push Higher
Oct 12Is Now The Time To Look At Buying United Rentals, Inc. (NYSE:URI)?
Sep 18United Rentals Still Has Upside After A Monster Run
Sep 08Calculating The Intrinsic Value Of United Rentals, Inc. (NYSE:URI)
Aug 31We Ran A Stock Scan For Earnings Growth And United Rentals (NYSE:URI) Passed With Ease
Aug 16What Recession? Is United Rentals Unstoppable?
Aug 07United Rentals: Short Opportunity As The Construction Boom Turns To Bust
Jul 26United Rentals (NYSE:URI) Has A Pretty Healthy Balance Sheet
Jul 10United Rentals: Be Mindful Of Short-Term Risks, But Don't Lose The Long-Term Focus
Jul 05What Is United Rentals, Inc.'s (NYSE:URI) Share Price Doing?
Jun 13United Rentals: Benefiting From Favorable Tailwinds
Jun 09Calculating The Fair Value Of United Rentals, Inc. (NYSE:URI)
May 30United Rentals: How It Unlocks Value For Its Customers
May 23We Ran A Stock Scan For Earnings Growth And United Rentals (NYSE:URI) Passed With Ease
Apr 26We Think United Rentals (NYSE:URI) Can Stay On Top Of Its Debt
Mar 27Is Now The Time To Look At Buying United Rentals, Inc. (NYSE:URI)?
Mar 13Are United Rentals, Inc. (NYSE:URI) Investors Paying Above The Intrinsic Value?
Feb 27It Has Happened, United Rentals Is A Dividend Stock - And A Great One At That!
Feb 03United Rentals Non-GAAP EPS of $9.74 misses by $0.55, revenue of $3.29B in-line
Jan 25Does United Rentals (NYSE:URI) Deserve A Spot On Your Watchlist?
Jan 17United Rentals (NYSE:URI) Seems To Use Debt Quite Sensibly
Dec 21United Rentals: Still A Great Play After Roaring Higher
Dec 15What Does United Rentals, Inc.'s (NYSE:URI) Share Price Indicate?
Dec 08An Intrinsic Calculation For United Rentals, Inc. (NYSE:URI) Suggests It's 41% Undervalued
Nov 24United Rentals to raise $1.5B of 6.00% senior secured notes due 2029 in a private offering
Nov 16Financial Position Analysis
Short Term Liabilities: URI's short term assets ($2.9B) do not cover its short term liabilities ($3.6B).
Long Term Liabilities: URI's short term assets ($2.9B) do not cover its long term liabilities ($13.8B).
Debt to Equity History and Analysis
Debt Level: URI's net debt to equity ratio (134.8%) is considered high.
Reducing Debt: URI's debt to equity ratio has reduced from 341.6% to 139.3% over the past 5 years.
Debt Coverage: URI's debt is well covered by operating cash flow (41.5%).
Interest Coverage: URI's interest payments on its debt are well covered by EBIT (6.2x coverage).