UWM Holdings Balance Sheet Health
Financial Health criteria checks 3/6
UWM Holdings has a total shareholder equity of $2.5B and total debt of $8.6B, which brings its debt-to-equity ratio to 347.3%. Its total assets and total liabilities are $11.9B and $9.4B respectively. UWM Holdings's EBIT is $244.0M making its interest coverage ratio 0.8. It has cash and short-term investments of $527.1M.
Key information
347.3%
Debt to equity ratio
US$8.59b
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$527.09m |
| Equity | US$2.47b |
| Total liabilities | US$9.40b |
| Total assets | US$11.87b |
Recent financial health updates
No updates
Recent updates
UWM Holdings: Poised For Continued Dominance In 2024 Despite Cyclical Economics
Jan 09UWM Holdings: Hold On
Sep 19UWM Holdings (NYSE:UWMC) Is Due To Pay A Dividend Of $0.10
Aug 28
UWM Holdings: A 'Hold' Until More Clarity Is Had
Jul 14Some Analysts Just Cut Their UWM Holdings Corporation (NYSE:UWMC) Estimates
May 20UWM Holdings (NYSE:UWMC) Is Due To Pay A Dividend Of $0.10
Mar 04Analysts' Revenue Estimates For UWM Holdings Corporation (NYSE:UWMC) Are Surging Higher
Mar 03United Wholesale Mortgage appoints Andrew Hubacker as CFO
Feb 06UWM Holdings (NYSE:UWMC) Is Due To Pay A Dividend Of $0.10
Nov 23UWM Holdings Q3 2022 Earnings Preview
Nov 03UWM Holdings: Management's Belief In Game-On And The Broker Channel
Oct 08UWM Holdings (NYSE:UWMC) Is Due To Pay A Dividend Of $0.10
Aug 13UWM Holdings Q2 2022 Earnings Preview
Aug 08UWM Holdings (NYSE:UWMC) Will Pay A Dividend Of US$0.10
May 27Analyst Forecasts Just Became More Bearish On UWM Holdings Corporation (NYSE:UWMC)
Mar 03UWM Holdings: Still Cheap, Still Controversial
Nov 21Financial Position Analysis
Short Term Liabilities: UWMC's short term assets ($7.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: UWMC's short term assets ($7.3B) exceed its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: UWMC's net debt to equity ratio (326%) is considered high.
Reducing Debt: UWMC's debt to equity ratio has reduced from 787.6% to 347.3% over the past 5 years.
Debt Coverage: UWMC's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: UWMC's interest payments on its debt are not well covered by EBIT (0.8x coverage).