Universal Insurance Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Universal Insurance Holdings has a total shareholder equity of $341.3M and total debt of $116.6M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are $2.3B and $2.0B respectively. Universal Insurance Holdings's EBIT is $94.9M making its interest coverage ratio 14.5. It has cash and short-term investments of $397.3M.
Key information
34.2%
Debt to equity ratio
US$116.60m
Debt
| Interest coverage ratio | 14.5x |
| Cash | US$397.31m |
| Equity | US$341.30m |
| Total liabilities | US$1.98b |
| Total assets | US$2.32b |
Recent financial health updates
No updates
Recent updates
Improved Revenues Required Before Universal Insurance Holdings, Inc. (NYSE:UVE) Stock's 27% Jump Looks Justified
Mar 09
Universal Insurance: A 4% Dividend Yield Gem With Revenue Growth, For Under $20
Jan 20Universal Insurance Holdings: Still Undervalued After The YTD Rise Of 62%
Nov 21Universal Insurance Holdings (NYSE:UVE) Is Paying Out A Dividend Of $0.16
Jul 24Universal Insurance Holdings: Growing Despite Headwinds
Jul 16Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16
Apr 16Universal Insurance reports Q4 2022 results
Feb 23Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.16
Feb 13Universal Insurance declares $0.16 dividend
Feb 09Universal Insurance Holdings: A Stronghold In A Stormy Market
Jan 14Universal Insurance Holdings (NYSE:UVE) Will Pay A Dividend Of $0.29
Dec 07Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.29
Nov 18Universal Insurance declares $0.16 dividend, $0.13 special dividend
Nov 14Universal Insurance Non-GAAP EPS of -$2.27, revenue of $312.81M
Oct 27Universal Insurance stock gains 5% postmarket after Hurricane Ian update
Oct 11Universal Insurance Q2 2022 Earnings Preview
Jul 26Universal Insurance Holdings' (NYSE:UVE) Dividend Will Be $0.16
Jul 23Universal Insurance declares $0.16 dividend
Jul 19Universal Insurance Remains Fundamentally Sound In A Challenging Market Environment
May 29Universal Insurance Holdings (NYSE:UVE) Has Announced A Dividend Of US$0.16
Apr 24Universal Insurance Holdings (NYSE:UVE) Has Affirmed Its Dividend Of US$0.16
Feb 27Financial Position Analysis
Short Term Liabilities: UVE's short term assets ($940.7M) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: UVE's short term assets ($940.7M) exceed its long term liabilities ($414.2M).
Debt to Equity History and Analysis
Debt Level: UVE has more cash than its total debt.
Reducing Debt: UVE's debt to equity ratio has increased from 22.8% to 34.2% over the past 5 years.
Debt Coverage: UVE's debt is well covered by operating cash flow (60.9%).
Interest Coverage: UVE's interest payments on its debt are well covered by EBIT (14.5x coverage).