United Rentals Balance Sheet Health
Financial Health criteria checks 3/6
United Rentals has a total shareholder equity of $8.6B and total debt of $13.1B, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are $28.4B and $19.8B respectively. United Rentals's EBIT is $4.1B making its interest coverage ratio 6.1. It has cash and short-term investments of $479.0M.
Key information
153.1%
Debt to equity ratio
US$13.14b
Debt
Interest coverage ratio | 6.1x |
Cash | US$479.00m |
Equity | US$8.58b |
Total liabilities | US$19.83b |
Total assets | US$28.41b |
Recent financial health updates
Here's Why United Rentals (NYSE:URI) Can Manage Its Debt Responsibly
Oct 19United Rentals (NYSE:URI) Seems To Use Debt Quite Sensibly
May 23Does United Rentals (NYSE:URI) Have A Healthy Balance Sheet?
Feb 20Is United Rentals (NYSE:URI) Using Too Much Debt?
Oct 17United Rentals (NYSE:URI) Has A Pretty Healthy Balance Sheet
Jul 10Recent updates
Investors Will Want United Rentals' (NYSE:URI) Growth In ROCE To Persist
Nov 18Calculating The Fair Value Of United Rentals, Inc. (NYSE:URI)
Nov 06Here's Why United Rentals (NYSE:URI) Can Manage Its Debt Responsibly
Oct 19Market Participants Recognise United Rentals, Inc.'s (NYSE:URI) Earnings
Oct 07Do United Rentals' (NYSE:URI) Earnings Warrant Your Attention?
Sep 01United Rentals: Good Growth But Premium Valuations
Aug 27Should You Think About Buying United Rentals, Inc. (NYSE:URI) Now?
Aug 19Returns At United Rentals (NYSE:URI) Are On The Way Up
Aug 07United Rentals Pops On Increased Guidance
Jul 26A Look At The Fair Value Of United Rentals, Inc. (NYSE:URI)
Jul 11Why Investors Shouldn't Be Surprised By United Rentals, Inc.'s (NYSE:URI) P/E
Jun 28United Rentals: Limited Upside In The Near-Term
Jun 11United Rentals: Growth Prospects Are Already Priced In
May 28United Rentals (NYSE:URI) Seems To Use Debt Quite Sensibly
May 23Results: United Rentals, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 26What 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 05Financial Position Analysis
Short Term Liabilities: URI's short term assets ($3.3B) do not cover its short term liabilities ($4.0B).
Long Term Liabilities: URI's short term assets ($3.3B) do not cover its long term liabilities ($15.8B).
Debt to Equity History and Analysis
Debt Level: URI's net debt to equity ratio (147.6%) is considered high.
Reducing Debt: URI's debt to equity ratio has reduced from 316.3% to 153.1% over the past 5 years.
Debt Coverage: URI's debt is well covered by operating cash flow (37.4%).
Interest Coverage: URI's interest payments on its debt are well covered by EBIT (6.1x coverage).