United Homes Group Balance Sheet Health
Financial Health criteria checks 2/6
United Homes Group has a total shareholder equity of $19.8M and total debt of $141.8M, which brings its debt-to-equity ratio to 716.4%. Its total assets and total liabilities are $282.6M and $262.8M respectively. United Homes Group's EBIT is $3.5M making its interest coverage ratio 0.7. It has cash and short-term investments of $25.8M.
Key information
716.4%
Debt to equity ratio
US$141.78m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$25.82m |
| Equity | US$19.79m |
| Total liabilities | US$262.82m |
| Total assets | US$282.61m |
Recent financial health updates
Recent updates
United Homes Group: Stock Needs To Trade Lower Before A Final Bottom Is Confirmed
Dec 19Risks Still Elevated At These Prices As United Homes Group, Inc. (NASDAQ:UHG) Shares Dive 29%
Dec 10
United Homes Group (NASDAQ:UHG) Is Reinvesting At Lower Rates Of Return
Nov 08Is United Homes Group (NASDAQ:UHG) Using Too Much Debt?
Sep 25United Homes Group: Some Notable Insider Purchases In June
Jul 22United Homes Group: Housing Market Improves, But Not Enough
Apr 21United Homes Group (NASDAQ:UHG) Will Be Hoping To Turn Its Returns On Capital Around
Apr 14It's A Story Of Risk Vs Reward With United Homes Group, Inc. (NASDAQ:UHG)
Dec 23United Homes Group's (NASDAQ:UHG) Solid Earnings May Rest On Weak Foundations
Nov 24Estimating The Fair Value Of United Homes Group, Inc. (NASDAQ:UHG)
Aug 11Financial Position Analysis
Short Term Liabilities: UHG's short term assets ($247.2M) exceed its short term liabilities ($109.9M).
Long Term Liabilities: UHG's short term assets ($247.2M) exceed its long term liabilities ($152.9M).
Debt to Equity History and Analysis
Debt Level: UHG's net debt to equity ratio (586%) is considered high.
Reducing Debt: Insufficient data to determine if UHG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: UHG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: UHG's interest payments on its debt are not well covered by EBIT (0.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 13:52 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
United Homes Group, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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