United Fire Group Balance Sheet Health
Financial Health criteria checks 4/6
United Fire Group has a total shareholder equity of $726.6M and total debt of $117.0M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $3.4B and $2.7B respectively. United Fire Group's EBIT is $49.0M making its interest coverage ratio 12.3. It has cash and short-term investments of $153.5M.
Key information
16.1%
Debt to equity ratio
US$116.97m
Debt
| Interest coverage ratio | 12.3x |
| Cash | US$153.53m |
| Equity | US$726.60m |
| Total liabilities | US$2.68b |
| Total assets | US$3.41b |
Recent financial health updates
No updates
Recent updates
United Fire Group: Underwriting Results On An Upswing
Apr 24United Fire Group (NASDAQ:UFCS) Has Affirmed Its Dividend Of $0.16
Feb 29
United 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 29It Looks Like United Fire Group, Inc.'s (NASDAQ:UFCS) CEO May Expect Their Salary To Be Put Under The Microscope
May 13United Fire Group, Inc. Beat Analyst Profit Forecasts, And Analysts Have New Estimates
May 09Financial 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 16.1% over the past 5 years.
Debt Coverage: UFCS's debt is well covered by operating cash flow (223.5%).
Interest Coverage: UFCS's interest payments on its debt are well covered by EBIT (12.3x coverage).