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).