U-Haul Holding Balance Sheet Health
Financial Health criteria checks 3/6
U-Haul Holding has a total shareholder equity of $7.2B and total debt of $6.3B, which brings its debt-to-equity ratio to 87.4%. Its total assets and total liabilities are $19.1B and $11.9B respectively. U-Haul Holding's EBIT is $984.2M making its interest coverage ratio 7.2. It has cash and short-term investments of $1.5B.
Key information
87.4%
Debt to equity ratio
US$6.27b
Debt
Interest coverage ratio | 7.2x |
Cash | US$1.53b |
Equity | US$7.17b |
Total liabilities | US$11.89b |
Total assets | US$19.06b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UHAL.B's short term assets ($2.3B) exceed its short term liabilities ($783.1M).
Long Term Liabilities: UHAL.B's short term assets ($2.3B) do not cover its long term liabilities ($11.1B).
Debt to Equity History and Analysis
Debt Level: UHAL.B's net debt to equity ratio (66%) is considered high.
Reducing Debt: UHAL.B's debt to equity ratio has increased from 84.5% to 87.4% over the past 5 years.
Debt Coverage: UHAL.B's debt is well covered by operating cash flow (23.2%).
Interest Coverage: UHAL.B's interest payments on its debt are well covered by EBIT (7.2x coverage).