United Debt Equity Ratio from 2010 to 2024

UFCS Stock  USD 30.84  0.24  0.78%   
United Fire Debt Equity Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Equity Ratio will likely drop to 0.04 in 2024. From the period from 2010 to 2024, United Fire Debt Equity Ratio quarterly data regression had r-value of  0.09 and coefficient of variation of  25.45. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.06814356
Current Value
0.0418
Quarterly Volatility
0.01497473
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check United Fire financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Fire's main balance sheet or income statement drivers, such as Interest Expense of 3.1 M, Total Revenue of 635.1 M or Gross Profit of 634.4 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.0214 or PTB Ratio of 1.26. United financial statements analysis is a perfect complement when working with United Fire Valuation or Volatility modules.
  
Check out the analysis of United Fire Correlation against competitors.

Latest United Fire's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of United Fire Group over the last few years. It is United Fire's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in United Fire's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Very volatile
   Debt Equity Ratio   
       Timeline  

United Debt Equity Ratio Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.06
Coefficient Of Variation25.45
Mean Deviation0.01
Median0.06
Standard Deviation0.01
Sample Variance0.0002
Range0.0713
R-Value0.09
Mean Square Error0.0002
R-Squared0.01
Significance0.74
Slope0.0003
Total Sum of Squares0

United Debt Equity Ratio History

2024 0.0418
2023 0.0681
2022 0.0676
2021 0.0569
2012 0.0606
2011 0.0871
2010 0.0157

About United Fire Financial Statements

United Fire shareholders use historical fundamental indicators, such as Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although United Fire investors may analyze each financial statement separately, they are all interrelated. The changes in United Fire's assets and liabilities, for example, are also reflected in the revenues and expenses on on United Fire's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.07  0.04 

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Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.