United Utilities Group Balance Sheet Health
Financial Health criteria checks 1/6
United Utilities Group has a total shareholder equity of £2.2B and total debt of £9.1B, which brings its debt-to-equity ratio to 417.9%. Its total assets and total liabilities are £15.0B and £12.8B respectively. United Utilities Group's EBIT is £429.4M making its interest coverage ratio 1.8. It has cash and short-term investments of £828.8M.
Key information
417.9%
Debt to equity ratio
UK£9.09b
Debt
Interest coverage ratio | 1.8x |
Cash | UK£828.80m |
Equity | UK£2.17b |
Total liabilities | UK£12.84b |
Total assets | UK£15.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UUGR.Y's short term assets (£1.2B) exceed its short term liabilities (£689.5M).
Long Term Liabilities: UUGR.Y's short term assets (£1.2B) do not cover its long term liabilities (£12.2B).
Debt to Equity History and Analysis
Debt Level: UUGR.Y's net debt to equity ratio (379.8%) is considered high.
Reducing Debt: UUGR.Y's debt to equity ratio has increased from 260.1% to 417.9% over the past 5 years.
Debt Coverage: UUGR.Y's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: UUGR.Y's interest payments on its debt are not well covered by EBIT (1.8x coverage).