United Fire Group Balance Sheet Health
Financial Health criteria checks 4/6
United Fire Group has a total shareholder equity of $785.8M and total debt of $117.0M, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are $3.5B and $2.8B respectively. United Fire Group's EBIT is $67.3M making its interest coverage ratio 11.9. It has cash and short-term investments of $197.5M.
Key information
14.9%
Debt to equity ratio
US$117.01m
Debt
| Interest coverage ratio | 11.9x |
| Cash | US$197.47m |
| Equity | US$785.82m |
| Total liabilities | US$2.76b |
| Total assets | US$3.55b |
Recent financial health updates
No updates
Recent updates
The Market Lifts United Fire Group, Inc. (NASDAQ:UFCS) Shares 28% But It Can Do More
Nov 07
Market Might Still Lack Some Conviction On United Fire Group, Inc. (NASDAQ:UFCS) Even After 28% Share Price Boost
Nov 07United Fire Group: Underwriting Results On An Upswing
Apr 24United Fire Group (NASDAQ:UFCS) Has Affirmed Its Dividend Of $0.16
Feb 29United Fire Group (NASDAQ:UFCS) Is Paying Out A Dividend Of $0.16
Nov 23United Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16
Aug 24United Fire Group (NASDAQ:UFCS) Will Pay A Dividend Of $0.16
May 22United Fire Group COO to retire
Aug 16United Fire Non-GAAP EPS of $0.24, Net premiums earned of $231.2M
Aug 04United Fire Group appoints president and CEO
Jul 07United Fire Group: Turnaround Could Lead To Re-Rate
Jun 29Financial Position Analysis
Short Term Liabilities: UFCS's short term assets ($1.1B) do not cover its short term liabilities ($2.6B).
Long Term Liabilities: UFCS's short term assets ($1.1B) exceed its long term liabilities ($117.0M).
Debt to Equity History and Analysis
Debt Level: UFCS has more cash than its total debt.
Reducing Debt: UFCS's debt to equity ratio has increased from 0% to 14.9% over the past 5 years.
Debt Coverage: UFCS's debt is well covered by operating cash flow (176.2%).
Interest Coverage: UFCS's interest payments on its debt are well covered by EBIT (11.9x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 16:26 |
| End of Day Share Price | 2024/12/31 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
United Fire Group, Inc. is covered by 6 analysts. 1 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 |
|---|---|
| Quentin McMillan | Keefe, Bruyette, & Woods |
| Clifford Gallant | Nomura Securities Co. Ltd. |
| Jon Paul Newsome | Piper Sandler Companies |