UCB Balance Sheet Health
Financial Health criteria checks 4/6
UCB has a total shareholder equity of €9.0B and total debt of €2.9B, which brings its debt-to-equity ratio to 32.1%. Its total assets and total liabilities are €15.5B and €6.6B respectively. UCB's EBIT is €578.0M making its interest coverage ratio 5.1. It has cash and short-term investments of €923.0M.
Key information
32.1%
Debt to equity ratio
€2.88b
Debt
Interest coverage ratio | 5.1x |
Cash | €923.00m |
Equity | €8.98b |
Total liabilities | €6.56b |
Total assets | €15.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UCBJ.F's short term assets (€3.4B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: UCBJ.F's short term assets (€3.4B) do not cover its long term liabilities (€3.9B).
Debt to Equity History and Analysis
Debt Level: UCBJ.F's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: UCBJ.F's debt to equity ratio has increased from 22.4% to 32.1% over the past 5 years.
Debt Coverage: UCBJ.F's debt is well covered by operating cash flow (26.5%).
Interest Coverage: UCBJ.F's interest payments on its debt are well covered by EBIT (5.1x coverage).